Omaha approves funding for downtown senior apartments

  • Omaha’s City Council approved TIF financing for a new 70-unit apartment building near 22nd and Douglas reserved for residents 55 and older.
  • Forty-five of the units will be designated as low-income or light tax base, keeping rents affordable for tenants.
  • Developers say the location near public transportation and downtown attractions will benefit seniors and help boost development along the streetcar route.

BROADCAST TRANSCRIPT:

A new 70-unit apartment building for residents 55 and older is coming to downtown Omaha, with developers saying they hope to provide more support for the senior community.

The apartments will be located near 22nd and Douglas. On Tuesday, the City Council approved TIF financing for the project…

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