OMAHA — Nebraska’s largest city would add an estimated 1,900 affordable homes to its urban core with a $40 million boost tied to the property tax growth expected from Omaha’s controversial streetcar project.

The dwellings would be a mix of rental, for-sale and rehabbed properties in a 770-block area around the streetcar’s initial downtown-midtown route, which is set to be up and running in 2027.

They’re to be targeted to people making under a certain income. And they’ll be built by developers selected by Front Porch Investments, the nonprofit partner the city chose to distribute the millions in the form of grants and low-interest loans.

Friday, Mayor John Ewing Jr. and Jody Holston, Front Porch’s executive director, laid out more details of the vision Ewing shared with the Nebraska Exam

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