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Find similar grantsLocal Option Municipal Economic Development Act (LB840) is sponsored by Nebraska Department of Economic Development. Allows incorporated cities and villages in Nebraska to collect and appropriate local tax dollars for economic development purposes, including the development of inland ports.
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Local Option Municipal Economic Development Act (LB840) - Nebraska Department of Economic Development Local Option Municipal Economic The Local Option Municipal Economic Development Act (LB840, 1991) authorized incorporated cities and villages — if approved by local voters — to collect and appropriate local tax dollars, including sales and/or property tax, for economic development purposes.
To implement an LB840 program, communities formulate a written economic development plan which, if voter-approved, becomes the foundation for the collection and expenditure of local tax revenues for economic development under which the municipality’s LB840 program operates.
All Nebraska cities and villages — or any group of two or more cities acting under the Interlocal Cooperation Act — are eligible to seek local voter approval and participate in LB840. Any project or program that provides direct or indirect financial assistance to a qualifying business is an eligible activity for local funds to be collected for the economic development program, or for any payment of related costs and expenses.
Programs could include, but are not limited to: Direct loans or grants to qualifying businesses for fixed assets and/or working capital. Loan guarantees for qualifying businesses. Grants for public works improvements which are essential for the location or expansion of a qualifying business.
Grants or loans for job training. The purchase of real estate, options for such purchases, and renewals or extensions. Grants or loans to businesses to provide relocation incentives for new residents.
Payments for salaries and support of city staff or the contracting of an outside entity to implement the economic development program. Grants or loans for the construction or rehabilitation for sale or lease of housing for persons of low or moderate income. Grants or loans for the construction or rehabilitation for sale or lease of housing as part of a Workforce Housing Plan.
A qualifying business is any corporation, partnership, limited liability company or sole proprietorship that derives its principal source of income from one of the following: Headquarters facilities relating to eligible activities Telecommunication Activities Processing, storage, transport or sales of goods or commodities in interstate commerce Tourism-related activities Sale of services in interstate commerce Production of films or television programs.
In cities with a population of less than 100,000 it may also include: Construction or Rehabilitation of Housing (either as LMI or under a Workforce Housing Plan). Retail Trade (limited to 40% of funds generated in a 12-month period and 20% in a 5-year period). Retail trade means a business that primarily sells to consumers for their own use or consumption and not for resale.
In cities with a population of 5,000 or less, any activities may qualify. In all cases, businesses do not have to be located within city limits. For information, please consult the guide for implementation.
Current LB840 Communities Questions about the Local Option Municipal Economic Development Act? Director of Field Operations sheryl. hiatt@nebraska.
gov | 402-340-6180
Based on current listing details, eligibility includes: Cities and villages in Nebraska Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates Not specified Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
The current target date is rolling deadlines or periodic funding windows. Build your timeline backwards from this date to cover registrations, approvals, attachments, and final submission checks.
Federal grant success rates typically range from 10-30%, varying by agency and program. Build a strong proposal with clear objectives, measurable outcomes, and a well-justified budget to improve your chances.
Requirements vary by sponsor, but typically include a project narrative, budget justification, organizational capability statement, and key personnel CVs. Check the official notice for the complete list of required attachments.
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Review timelines vary by funder. Federal agencies typically take 3-6 months from submission to award notification. Foundation grants may be faster, often 1-3 months. Check the program's timeline in the official solicitation for specific dates.
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The Fund for Women & Girls Grant Program is sponsored by The Foundation for Enhancing Communities (TFEC). The Fund for Women & Girls, an initiative of TFEC, makes grants to local nonprofit organizations in specific South Central PA counties. The grants support projects that advance the lives of women and girls by providing opportunities to address basic needs, develop economic self-sufficiency, and strengthen health and safety needs.
VGF grants will be used to develop and/or support community-based entities to recruit, manage, and support volunteers. CNCS seeks to fund effective approaches that expand volunteering, strengthen the capacity of volunteer connector organizations to recruit and retain skill-based volunteers, and develop strategies to use volunteers effectively to solve problems. Specifically, the VGF grants will support efforts that expand the capacity of volunteer connector organizations to recruit, manage, support and retain individuals to serve in high quality volunteer assignments.Applicants that receive funding under this Notice may directly carry out the activities supported under the award, or may carry out the activities by making sub-grants to community-based entities, supporting volunteer generation at these entities.). Funding Opportunity Number: AC-05-25-21. Assistance Listing: 94.021. Funding Instrument: G. Category: O. Award Amount: $6.1M total program funding.