![main street](/vimages/shared/vnews/stories/58fa7907ccebf/1_IMG_5110 (1).jpeg)
Economic Development Assistance Program (LB840)
The City of Crete's LB840 Economic Development Plan is funded by an additional 1/2% local option sales tax approved by local voters in November 2010. Purposes of the LB840 program include: c reate high paying, . . .
![downtown project](/vimages/shared/vnews/stories/604015054004a/1_IMG_2589.jpeg)
Downtown Revitalization Program
The City of Crete was one of five Nebraska communities awarded Downtown Revitalization (DTR) funds from Nebraska Department of Economic Development (NDED) in 2020. The award of $445,000 in Community Development Block Grant (CDBG) funds builds . . .
Tax Increment Finance (TIF) Program
Tax Increment Financing, or TIF is a tool to assist in financing redevelopment projects in designated blighted and substandard areas of the city. The City of Crete issues bonds or a promissory note to finance any approved project. . . .