Financial assistance for landlords
NORTH PLATTE, Neb. (KNOP) - COVID-19 has affected everyone which is why one organization wants to financially help landlords and their tenants. West Central Nebraska Development District (WCNDD) was awarded money from The Department of Health and Human Services (DHHS) through the Cares Act which helped put together the financial assistance for landlords and tenants.
Community Economic Development Specialist Amy Sauer breaks down how this money will help, saying, “with that money we are able to help landlords who have been affected or they’re low to moderate-income tenants that have been affected by the COVID-19 for loss of income.”
Landlords may apply for up to $10,000 for one unit only. Landlords can split the funds into two chunks of money. First, $7,500 may be applied towards minor rehabs such as roofing, heating, and air conditioning. Second, $2,500 could go towards cash reimbursement to help pay for the back and future rents.
The program exists statewide effective the first week of September and will last through December 31st or until the funds have been used. Since funding is limited, the program is on a first come first serve basis and all funds must be distributed by the end of December.
To apply, landlords must state how COVID-19 has affected their tenants ability to pay rent while also providing proof. Landlords may apply by calling the WCNDD office at 308-284-6077.
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