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Streetcar Construction Loans Save Omaha Businesses | Omaha News

Streetcar Construction Loans Save Omaha Businesses | Omaha News

Published 1 day, 12 hours ago
Description

Omaha’s small businesses are getting a lifeline as the Nebraska Enterprise Fund launches a new Streetcar Business Impact Fund, offering two powerful loan options to help them survive streetcar construction chaos. One loan is 50% forgivable up to $75K, while the other is a low 2% fixed-rate loan up to $100K—marking the third time this vital support has been rolled out. Owners say they’re literally “dying” financially as construction shuts down streets and forces them to scramble for customers just to stay open. These funds could mean the difference between keeping staff paid or losing their livelihoods. The Fund’s goal? To shield these community pillars from economic collapse during construction—and help them thrive once the tracks are laid.

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