Nebraska Department of Economic Development Awards $400,000 for the Airport Business Park Planning Grant

The Nebraska Department of Economic Development (DED) awarded $400,000 in American Rescue Plan Act (ARPA) State and Local Fiscal Recovery Funds (SLFRF) to the Omaha Development Foundation for the Airport Business Park Planning Grant. The Airport Business Park Planning Grant was created under LB1024, also known as the Economic Recovery Act, to respond to the negative economic impacts of the Coronavirus public health emergency.

DED quickly developed an action plan for the implementation of these funds. DED received applications for three projects totaling over $1.2 million dollars in requests.

The funds awarded through the Airport Business Park Planning Grant provide grants for the opportunity to develop a Master Plan for the development and creation of a business park in or adjacent to Qualified Census Tracts (QCTs) located within the boundaries of a city of the metropolitan class and within two miles of a major airport.

Airport Business Park Planning Grant Recipients

Omaha Development Foundation: $400,000

For more information on the Airport Business Park Planning Grant, visit the program webpage at https://opportunity.nebraska.gov/programs/recovery/airport-business-park/.

For information on other Economic Recovery Act programs, visit https://opportunity.nebraska.gov/programs/recovery/.

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Nebraska Department of Economic Development Awards $400,000 for the Airport Business Park Planning Grant

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