Apply for LIHTC

CRANE

CRANE stands for Collaborative Resource Allocation for Nebraska. The focus and primary purpose of CRANE is to target specific housing and community development strategies that involve coordinated job creation, enhancement, and economic growth.

Together, NIFA and other collaborating resource providers will work with communities and neighborhoods, who have joined with for profit and non-profit entities that commit to participate in the CRANE Program, as well as other public and private resource providers. The partnership between resource providers and applicants will be formed for the strategic placement of comprehensive housing, job, and community development resources into Nebraska communities and neighborhoods that are ready and prepared to move forward on a pre-developed strategy.

The CRANE Program utilizes a three-tier process: 

1. Applicants must submit an email to NIFA with a brief description of the development that includes how the development is CRANE eligible.  

2. After NIFA reviews the email, if the initial purpose and description of the project appear to be eligible, we’ll ask the applicant to submit the CRANE application and all required supporting information via the online funding application system, along with a nonrefundable CRANE Application Fee of $500 which must be received in NIFA’s office at the time the CRANE Application is submitted to NIFA. 

3. NIFA will notify the applicant if their application meets all the requirements. Then, the eligible applicant must submit a completed Application for 9% LIHTCs via the online funding application system and the LIHTC Application fee must be received in NIFA’s office on or prior to the time periods specified by NIFA (as outlined in the LIHTC Allocation Plan for 9% LIHTCs and AHTCs).

How to Apply for CRANE

If your development has been invited into CRANE, walk through these steps. 

Step 1: Choose the appropriate application type below.

CRANE Application  2025 CRANE 9% Full Application

Step 2: Create an account in the application portal.

Step 3: Complete the application and submit.

In order for a development to be considered for competitive 9% LIHTCs, the developer must complete an application and submit it to NIFA, along with the application fee by no later than 5:00 pm CST on the applicable due date. Tentative application dates for 2024 and 2025 are:

2024 Competitive 9% LIHTC Cycle

• Full Application Due: August 1, 2023
• Threshold Deficiency Correction Due: September 15, 2023
• Reservations Issued: October 20, 2023 (tentative)

NIFA reserves the right to hold additional allocation rounds during the Annual Cycle or make changes to the above Allocation Round as it deems necessary to meet LIHTC Program goals and objectives.

2025 Competitive 9% LIHTC Cycle

• Full Application Due: May 9, 2024
• Threshold Deficiency Correction Due: July 9, 2024
• Reservations Issued: August 16, 2024 (tentative)

NIFA reserves the right to hold additional allocation rounds during the Annual Cycle or make changes to the above Allocation Round as it deems necessary to meet LIHTC Program goals and objectives.

Applicants must complete and submit the pre-application, full application, and application fees by the required due dates as outlined in the 4% Qualified Allocation Plan in order to be considered for competitive 4% LIHTCs, AHTCs and Bonds. Tentative application dates for 2024 and 2025 are:

2024 AHTC/LIHTC/Bond Cycle

• Full Application Due: December 7, 2023
• Threshold Deficiency Correction Due: January 16, 2024
• Reservations Issued: February 16, 2024 (tentative)

2025 AHTC/LIHTC/Bond Cycle 

• Full Application Due: November 28, 2024
• Threshold Deficiency Correction Due: January 17, 2025
• Reservations Issued: February 21, 2025 (tentative)

NIFA reserves the right to hold additional allocation rounds during the Annual Cycle or make changes to the above Allocation Round as it deems necessary to meet LIHTC Program goals and objectives.

Applicants must complete and submit the pre-application, full application, and application fees by the required due dates as outlined in the 4% Qualified Allocation Plan in order to be considered for competitive 4% LIHTCs and Bonds. Tentative application dates for 2024 and 2025 are:

2024 Bond Cap for 4% LIHTC Only Cycle 

• Full Application Due: December 7, 2023
• Threshold Deficiency Correction Due: January 16, 2024
• Reservations Issued: February 16, 2024 (tentative)

2025 Bond Cap for 4% LIHTC Only Cycle 

• Full Application Due: November 28, 2024
• Threshold Deficiency Correction Due: January 17, 2025
• Reservations Issued: February 21, 2025 (tentative)

NIFA reserves the right to hold additional allocation rounds during the Annual Cycle or make changes to the above Allocation Round as it deems necessary to meet LIHTC Program goals and objectives.