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Economic Development Assistance Program (LB840)
The City of Crete's LB840 Economic Development Plan is funded by an additional 1/2% local option sales tax approved by local voters in November 2010. Purposes of the LB840 program include: c reate high paying, . . .
Downtown Revitalization Program
The City of Crete was one of five Nebraska communities awarded Downtown Revitalization (DTR) funds from Nebraska Department of Economic Development (NDED) in 2020. A $400,000 Community Development Block Grant . . .
Tax Increment Finance (TIF) Program
Tax Increment Financing, or TIF is a tool to assist in financing redevelopment projects in designated blighted and substandard areas of the city. The City of Crete issues bonds or a promissory note to finance any approved project. . . .