Southern Valley Townhomes (SVTH)
(TBF) is the developer of 48 townhomes built on two square blocks situated between 17th and 18th Streets between -“Q” and “S” Street in South Omaha, Nebraska. The project was completed in 2013.
This $10,000,000 project consists of 2, 3, and 4 bedroom multi-story homes with attached garages. The rental rates, serving families at or below 60% AMI, provide affordable family housing to many families. Financing was provided through Low Income Housing tax credits (LIHTC) and grants from private foundations, including the Sherwood Foundation, the City of Omaha and Omaha Public Schools. As with all projects built, or to be constructed by the Foundation, all proceeds go towards our mission of providing opportunity and employment in the construction industry.