Fairbury, NE Heart of the Oregon Trail
Fairbury.com Home Contact Fairbury.com Advertise On Fairbury.com History of Fairbury, Nebraska Visit Fairbury, Nebraska Fairbury, Nebraska Hunting Guide Fairbury, Nebraska, Golf Course Fairbury, Nebraska Night Life Fairbury, Nebraska, Annual Events Dine in Fairbury, Nebraska Hotels & Lodging in Fairbury, Nebraska Shop Fairbury, Nebraska Fairbury, Nebraska, Business Coupons Fairbury, Nebraska, Top 10 List Fairbury, Nebraska, Business Listings
HOME CONTACT PROMOTE HISTORY VISIT US HUNTING GOLF TO DO EVENTS DINING LODGING SHOPPING COUPONS TOP TEN BUSINESSES
         
Site SearchSEARCH THE SITE


Only Search Fairbury.com
Fairbury.com On Facebook, Fairbury Nebraska
line
Helpful LinksHelpful Links
line
Fairbury, NE Site DirectorySpecial Features
line
Fairbury Area News SourcesLocal News
line
line
Real Estate in Fairbury NebraskaReal Estate
line
Chamber IconChamber Of Commerce
line
Economic DevelopmentEconomic Development
line
Fairbury Area GovernmentLocal
government
line
Fairbury Area GovernmentLocal
Law Enforcement
line
Fairbury Area HealthcareLocal Healthcare
line
Fairbury Area SchoolsLocal Schools
line
Fairbury Area SchoolsYouth Programs
 

Sims Florist AfterSims Florist BeforeLocal Economic Development Incentives

Fairbury Downtown Design Challenge Grants
for Storefront and Facade Improvements in the Fairbury Downtown Historic District

2010 - The City of Fairbury LB840 fund offers matching grants for storefront and façade improvements in the downtown business district up to a maximum amount of $3,000.00 per storefront. Design challenge grants are intended to stimulate private investment in the revitalization of downtown architecture and to foster image-making improvements to downtown commercial properties.

Funding for the Fairbury Downtown Design Challenge Grant Program is provided from the Local Option Sales Tax Program (LB840). Grants are made in accordance with the Fairbury Downtown Design Challenge Grant policies and are in conformance with all applicable state and local requirements. The City of Fairbury administers the Program under the contract.

Businesses, developers, and interested parties are strongly encouraged to discuss the applicability of various projects with Julie Katz, Main Street Consulting Group at (402) 613-2063 or by email.

Fairbury Nebraska

LB840 Program

The State of Nebraska allows local communities flexibility in establishing economic development at the local level through what is known as the LB840 program.  The City of Fairbury has implemented an LB840 fund to use as an incentive for business retention, expansion, moves to the community and startups.  The program is currently established as a grant program to enhance other funding avenues used by a business in the project.  The program is highly flexible, and leaves the funding approval process up to the local level.

Past projects have included the purchase of land for Industrial and Retail development, infrastructure improvements, business acquisitions, industrial facility construction, seed capital for expansion of product lines, and partnerships with local housing development.  The City of Fairbury has committed to working with SouthEast Nebraska Development District (SENDD) for the management of the program's activities.

Businesses, developers, and interested parties are strongly encouraged to discuss the applicability of various projects with Julie Katz, Main Street Consulting Group at (402) 613-2063 or by email.

To Download the necessary documents, click on the appropriate link below.

Fairbury Nebraska

CDBG Reuse Fund

The City of Fairbury maintains a revolving loan fund, entitled a Reuse Fund, to help support local economic development activities.  Eligible businesses include industrial, manufacturing, food processing, agricultural processing, bagging and cleaning facilities, commercial services, telecommunication, transportation, retail and tourism.  Eligible activities include the acquisition of real estate, land, and buildings, fixed assets, machinery and equipment, renovations, remodeling, site preparation, storage and distribution systems, treatment systems, and job training costs.  Working capital may also be an eligible activity for certain retail and tourism activities.  There are specific job creation/retention requirements associated with the provision of funding through the Reuse Plan.  The funds are available on a low interest loan basis.  Terms of the loan are subject to the approval of a local Reuse fund committee. 
 
Reuse funds are designated for use within the City limits of the City of Fairbury.  Jefferson County has a separate Reuse fund for potential projects within the surrounding County.  Rules for use of the Jefferson County Reuse fund will be different, though fairly comparable, with the rules of the City of Fairbury's Reuse fund.  Questions in regards to the County Reuse Fund may be directed to Julie Katz, Main Street Consulting Group at (402) 613-2063 or by email.

Fairbury Nebraska

Tax Increment Financing

Tax Increment Financing (TIF) is primarily designed to finance the public costs associated with a private development project.  Property tax increases resulting from a new development are targeted to repay the public investment required by a project.  There are 4 Redevelopment Areas within the Fairbury community where TIF can be utilized as an incentive.  TIF provides a means of encouraging private investment in deteriorating areas by allowing city governments to capture all property tax revenue increases to repay the public investment needed to attract development. Under Nebraska law, TIF can only be used in redeveloping substandard and blighted areas within a community.  TIF projects may be commercial, residential, industrial, or mixed use. Generally, TIF funds can be used for land acquisition, public improvements and amenities, infrastructure, and utilities.  Every TIF project evaluation must include a cost-benefit analysis.

Businesses, developers, and interested parties are strongly encouraged to discuss the applicability of various projects with Julie Katz, Director of the Fairbury Community Development Authority at (402) 613-2063 or by email.

Click here for map of Redevelopment Areas in the City of Fairbury.

TAX INCREMENT FINANCINGClick here for application packet & checklist

Fairbury Nebraska

Rural Enterprise Assistance Project

Small business owners must compete and succeed in a rapidly changing environment. 

The Rural Enterprise Assistance Project (REAP), a program of the Center for Rural Affairs, is a small business development program that can help!  REAP consists of four elements including: networking, business management training, credit (micro-loans) and technical assistance.

For more information, please click here.

 
Email Newsletter icon, E-mail Newsletter icon, Email List icon, E-mail List icon Sign up for our Email Newsletter
For Email Marketing you can trust
shortline
 
Our Town Fairbury, 10/11 News Coverage, Fairbury Nebraska
shortline
First Friday, Artwalk, Fairbury Nebraska
Bait Shops, Fairbury Nebraska Fishing Guide
shortline
Fairbury Executive Suites, Fairbury Nebraska
Schultis and Son Real Estate, Fairbury Nebraska
shortline
Stagecoach Mall Antiques and Tasting Room, Fairbury Nebraska
shortline
Bonham Theatre Project, Fairbury Nebraska
shortline
Wallys Sports Bar and Grill, Fairbury Nebraska
Endicott Clay Products, Fairbury, Nebraska
shortline
TLC Creations and Equipment Rentals in Fairbury Nebraska
Computers Plus in Fairbury, Nebraska
shortline
Yoga Classes, Fairbury, Ne
shortline
M & D Auto Service & Repair, Fairbury, Nebraska
Wheel -N- Deal Auto Sales in Fairbury Nebraska
shortline
Twin Rivers Chrysler, Jeep, Dodge
shortline
M H Paint and Body in Fairbury, Nebraska
shortline
Chinese Restaurant in Fairbury Nebraska
Jalisco Mexican Restaurant in Fairbury Nebraska
shortline
Dirty Biz Laundry, Fairbury Nebraska
shortline
Licensed Asbestos Inspector, Fairbury, Ne
shortline
Husker Rehabilitation, Fairbury Nebraska
CONTACT US | PROMOTE
©Main Street Consulting Group 1997-2014