May 18, 2013

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“Turn-back” Tax Grants to be Awarded

The “turn-back” grants are back for another year benefiting South Omaha projects.

According to the revised Nebraska Convention Center Facility Financing Assistance Act, 10% of the funds received by the City of Omaha in “turn-back tax” from the State each year will be distributed to areas with a “high concentration of poverty.”

Those funds are to be used to showcase important historical aspects of those areas, or to assist with the reduction of street or gang violence in the target area.

Areas in North and South Omaha have been determined by the Nebraska Legislature to meet the “high poverty” definition, and under statute, a committee has been established for each of those areas to oversee the distribution of the money.

A public hearing to gather community input is planned for Friday, September 28th, in the conference room at the old South Omaha City Hall, 5002 S. 24 Street. The meeting will begin at 5 p.m.

The application period is underway with forms available online at the city and county websites, or in the City Clerk’s Office, 1819 Farnam Street, Suite LC-1. Applications must be submitted to Councilman Garry Gernandt no later than 3 p.m. on Wednesday, November 14th, 2012.


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