Omaha housing likely to take a hit in sequestration

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Posted: Monday, March 4, 2013 12:00 am

Omaha city officials say they'll have to make about $367,000 in cuts to low- and moderate-income housing programs as a result of the sequester.

Along with Lincoln and Bellevue, Omaha receives a significant chunk of money each year from the Community Development Block Grant program, which is administered by the U.S. Department of Housing and Urban Development. Other cities around the state can also apply for funding for organizations and projects that rebuild neighborhoods and help with community development.

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