FY 2026-2027 Site and Building Development Fund (SBDF) Project - Private Sector Closure

For fiscal years 2026-27 and 2027-28, the Site and Building Development Act allows the Nebraska Department of Economic Development to provide grants or zero-interest loans to cities of the first class to acquire land, infuse infrastructure, or otherwise make large sites and buildings ready for industrial development if such city: (i) has a population of less than fifty thousand inhabitants and (ii) has been impacted by a sudden and significant private-sector entity closure or downsizing. This application is for fiscal year 2026-2027. The Department of Economic Development will not award grants and loans exceeding a total of $2,500,000 through the SBDF Program for fiscal year 2026-2027.

The Site and Building Development Act was introduced under LB 388 by the Nebraska State Legislature in January 2011. Legislative Bill 388 was part of the Talent and Innovation Initiative, a four-part legislative package aimed at advancing business innovation and strengthening workforce recruitment efforts in Nebraska. The bill was subsequently adopted during the 102nd Nebraska Legislative Session and signed into law. Legislative Bill 388 became operative October 3, 2011, and was codified in the Nebraska Revised Statutes at §§81-12,144 to 81-12,151. The purpose of the Site and Building Development Act, as stated in Neb. Rev. Stat. §81-12,145 is to assist in the provision of industrial-ready sites and buildings in all areas of the state in order to create “conditions favorable to meeting the industrial readiness of the state.”

Program Guidelines: https://opportunity.nebraska.gov/programs/business/sbdf/

Ben Goins Attorney | Incentives Division Nebraska Department of Economic Development 245 Fallbrook Blvd, Suite 002 Lincoln, NE 68521 benjamin.goins@nebraska.gov Office: 402-471-0822

Resources: General and Program specific Amplifund user guides and videos can be found at https://opportunity.nebraska.gov/amplifund/. Statewide Relay System: Individuals, who are hearing and/or speech impaired and have a TTY, may contact the Department through the Statewide Relay System by calling (800) 833-7352 (TTY) or (800) 833-0920 (voice). The relay operator should be asked to call DED at (800) 426-6505 or (402) 471-3111.