To support redevelopment in historically disinvested neighborhoods in Omaha, Spark created a revolving loan fund, called Spark Capital, that enables holistic development projects to move forward that would otherwise struggle to make it. Our goal is to support mission-aligned holistic neighborhood revitalization in the Omaha metro.
Our Spark Capital loan fund provides flexible lending products, with loans ranging between $50,000-$750,000.
Investing in Neighborhood Transformation!
What we finance
Housing
Spark Capital provides financing for the redevelopment or construction of rental housing, including multi-family or single-family homes, and affordable for-sale homes. Special lending products are available through the Middle-Income Workforce Housing Fund (MWHF) to offset the cost of building housing in disinvested neighborhoods via loan forgiveness options. Learn more here.
Economic Development
Spark Capital provides financing for commercial and mixed-use development located in and/or serving low- and moderate-income neighborhoods and tenants.
Education
Spark Capital provides financing for childcare and educational facilities that serve low- and moderate-income communities and families.
Health & Wellness
Spark Capital provides financing for healthcare facilities and businesses in designated food deserts that increase access to healthy food.
Thinking about applying for a Loan? Let's Make It Happen!
Let’s work together to find the right solution that fits your needs.
Ready to move forward? Click the button below to get started on your application journey!
Applying to the Omaha Middle-Income Workforce Housing Fund?
Check out our application checklist to make sure you're ready. Start today and help create more accessible housing in Omaha!
A developer’s perspective
“The Spark team has been a lighthouse in the development ocean! They have been a guiding light in assisting, providing resources, and supporting me every step of the way in helping me grow as a developer.”
Additional Resources
Applying for Spark Capital? Check out the helpful list of resources below!
Curious about diving into Real Estate Development?
Whether you're a seasoned developer or just getting started, our Developer Academy is your gateway to diving deep into the world of Community Development.
Want to learn more?
Contact us today for more information about the Spark Capital Loan Fund.
In accordance with federal law and US Department of Treasury policy, this institution is prohibited from discriminating based on race, color, national origin, sex, age, familial status, or disability. Submit a complaint of discrimination, by mail to U.S. Department of the Treasury, Office of Civil Rights and Equal Employment Opportunity , 1500 Pennsylvania Ave. N.W., Washington, D.C. 20220, (202) 622-1160 (phone), (202) 622-0367 (fax), or email crcomplaints@treasury.gov (email).
The Fair Housing Act protects people from discrimination when they are renting or buying a home, getting a mortgage, seeking housing assistance or engaging in other housing related activities. More information is available here.