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C.O.R.E. Housing Development PDF Print E-mail
core_location_map.jpgCORE Development Incorporated has successfully improved the standard of living in a number of Nebraska communities, including Clearwater, Orchard, Royal, Page, Ewing, and others.

In 1995 CORE was awarded a $350,000 CDBG grant from the Nebraska Department of Economic Development for housing rehabilitation and received funding from the Homeownership Opportunity Program (HOP) for home ownership assistance. In 1996 CORE was awarded two grants for $200,000 each.

The development corporation also received a $400,000 grant in 1997 and a $400,000 grant in 1998. A total of $1,550,000 in CDBG funds, combined with funds from other sources, has brought over $2 million into the CORE assisted communities for housing development and improvements. An annual breakdown of these funds can be found below in Table 1 titled CORE Development Projects 1995-98.




core1a.jpgCORE was created with the intention to help small towns that struggle with housing stock conditions. The organization's first grant was received in 1995 with modest public interest. People were skeptical of the new idea, but as homes were remodeled and community members were assisted more applications were received. After being awarded a number of grants and receiving many dollars in funds from other collaborating agencies, it became obvious that CORE had a substantial impact on both the recipients of these funds, as well as the local economy with the creation of additional jobs for contractors and suppliers.

Today, CORE receives over $2,000 per month in payback funds that are re-invested in the program to initiate each new cycle of housing rehabilitation. The visual improvements made to houses have motivated neighboring homeowners to make needed improvements to their own homes, in turn improving the entire community's standard of living. As a result of these improvements, potential homebuyers are encouraged to consider relocating in one of the CORE communities.

core1b.jpgThe CORE grant writers and administrators include Shirley McNally & Associates and Waggoner Enterprises.


Contact Information

C.O.R.E. Housing Development
www.coredevelopmentinc.org
(402) 485-2343

Pat Compton (DED Representative)
(308) 865-6511   •   (800) 426-6505
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TABLE 1: CORE Development Projects 1995-98
 
1995
1996
1996
1997
1998
CDBG Awarded
$350,000
$200,000
$200,000
$400,000
$400,000
Type of Grant
Rehab; Home-
owner-
ship
Home-
owner-
ship
Home-
owner-
ship
Home-
owner-
ship
Home-
owner-
ship
Number of Units
10
10
11
22
31
 
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Nebraska Department of Economic Development
301 Centennial Mall South
P.O. Box 94666
Lincoln, NE 68509-4666
(800) 426-6505 | Fax (402) 471-3778
Richard Baier, Director

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