Holdrege LB840 8-Year Summary of Results (2016-2025)

Holdrege Return On Investment

  • 18.22%: 2016-2024 Holdrege Property Valuation Growth to $481,002,017
  • $113,947,545 2017-2025 Construction Permits Issued
  • 22.63%: 2016-2025 Increased annual Retail Sales to $85,824,988
  • $75,000 Approx. New Annual Revenue to City - Occupation Taxes by Cobblestone Inn
  • 5,556: Holdrege Population Growth Reverses Downward Trend Since 1980 Census
  • Community Outlook Is Optimistic and Ready for Growth
  • Holdrege Enjoys a Higher Profile and Top of Mind Awareness across Nebraska
  • Business Inquiries, New Investment, and Business Confidence are at a High Level
  • Multiple large industrial projects in the queue that will have major positive impact on the economy

Business Loans/Gap Financing

  • $10,913,270 Private investment generated / 10 Gap Loans Awarded to Business Start-Ups & Expansions
  • $256,000 Total investment / one legacy retail business saved / Business ownership transition assisted

GO! BUSINESS

Business & Franchise Development Program

  • $5,271,500 Private investment generated / 32 New businesses created
  • 85 Businesses received Digital Development & Marketing grants
  • $250,000 Covid Recovery Grants to Main Street Businesses

GO! WORK

High Demand Job Scholarships

  • 120 Scholarships awarded: $326,500 PCDC investment in scholarships funded by LB840

Dual Credit Job & Skills Training

  • 60 Janssen/CCC Auto Tech Training Program tuition recipients
  • 16 PMHC/CCC Nurse Training Program tuition recipients

GO! DREAM

  • $3,878,692 Private investment generated / 77 Downtown building facades and business signs improved

GO! HOME

Down payment assistance to encourage residency in Phelps County instead of commuting

  • 325 New Residents: $26,945,573 Real estate sales generated

Renter relocation assistance to encourage residency in Phelps County instead of commuting

  • 104 New Residents

Other assistance to improve and support creation of living units

  • $1,003,260 Private investment generated / 33 living units created or improved

Competition Ball Field Complex

  • $1 million committed for a 4-field complex with concessions and public facilities