The Orchard neighborhood is an approximately 180 unit community anchored in providing affordable homeownership opportunities through a unique application of tax increment financing, where the home-buyer receives the benefit of their future tax payments through a reduction in the cost of the home.

Incorporated throughout the community are 49 affordable townhome rental opportunities, as well as a playground and centralized community park.

Details

• 180 Affordable For-Sale Apartments

• 49 Affordable Rental Townhomes

Financing
The Orchard neighborhood is supported by the City of Grand Island, Nebraska Rural Workforce Housing Funds, the Nebraska Affordable Housing Trust Fund in collaboration with the Grand Island Area Economic Development Corporation, and the low income housing tax credit program