Site and Building Development Fund (SBDF)

The objective of the Site and Building Development Fund (SBDF) is to enhance the economic development of the state and to provide for the general prosperity of all of Nebraska’s citizens by creating conditions favorable to improving the industrial readiness of the state.  From October 3, 2011 to June 30, 2013, the Department intends to invest in at least four (4) speculative sites or buildings in Nebraska with the Site and Building Development Fund.

ELIGIBLE APPLICANTS

The SBDF projects will be undertaken by a committed local development team including a local economic development corporation.  Local Governments and Nebraska non-profit organizations are eligible to receive Site and Building Development funds.  Nebraska non-profit organizations must document Internal Revenue Service (IRS) designation as a 501(c)(3) or submit verification from an Attorney that the applicant operates as a 501(c)(4) or 501(c)(6) organization.  All Nebraska non-profit organization applicants must have a current Certificate of Good Standing from the Secretary of State at the time of application.

ELIGIBLE PROJECTS

The Department shall use the Fund to provide financial assistance for industrial site and building development. The following activities are eligible: land and building acquisition; building construction or rehabilitation; site preparation; infrastructure development and improvements; engineering and design costs; technical assistance and planning; and other preapproved costs necessary for the development of industrial-ready sites and buildings.

SBDF Application Guidelines and Pre-application form (updated January 2013)

            One of the following must be attached to the SBDF Pre-application

• Guide for communities developing speculative sites (.xlsx file: requires Microsoft Excel 2007 or newer, please contact if a different format is required)

OR

• Guide for communities developing speculative sites with buildings (.xlsx file: requires Microsoft Excel 2007 or newer, please contact if a different format is required)

 

For questions about the SBDF application process please contact:

Dave Honz
Site and Building Development Fund Coordinator
Nebraska Department of Economic Development
This e-mail address is being protected from spambots. You need JavaScript enabled to view it (402) 471-3763

 

For other assistance please contact your Department of Economic Development Business Development Field Representative.