Nebraska Gov. Pete Ricketts, community leaders celebrate $370 million investment in North, South Omaha

QUANECIA: GOVERNOR PETE RICKETTS AND OTHER LEADERS CELEBRATAE BIG INVESTMENT IN NORTH AND SOUTH OMAHA TODAY. GOOD AFTERNOON. I’M QUANECIA FRASER. THANKS FOR JOINING US. THE GOVERNOR IS SIGNING LB 1024 INTO L TAWODAY. IT ALLOCATES $370 MILLION FOR THINGS LIKE BUSINESS GRAS, ALONG WITH AFFORDABLE HOUSING AND WORKFORCE DEVELOPMENT. THE MEASURE SENDS $285 MILLION OF FEDERAL AMERICAN PANDEM RECOVERY ACT FUNDS, AND $85 MILLION IN STATE FUNDS TO GO TO THE COMMUNIES.IT TODAY, SENATOR JUSTIN WAYNE SAYS THE PROCESS DOESN’T END HERE. >> THE REAL WORK BEGINS NOW, AND WE OWE IT TO EACH OTHER, ANDUR O FUTURE GENERATIONS TO COME TOGETHER, PUT A PLAN TOGETHER AND EXECUTE THIS PLAN IN THE MOST EFFECTIVE AND EFFICIENT WAY WEAN C FOR NORTH AND SOUTH OMAHA. QUANEC:IA ALL THE MONEY DOESN’T IMMEDIATELY GET ALLOCATED. SENATORS WILL NEED TO SIGN OFF ON $135 MILLION OF THE FUN

Nebraska Gov. Pete Ricketts and other leaders celebrated a big investment in North and South Omaha on Thursday.The governor signed LB 1024 into law, allocating $370 million for business grants, affordable housing, workforce development and more.The measure sends $285 million of Federal American Pandemic Recovery Act funds and $85 million in state funds to go to the communities.State Sen. Justin Wayne said the process doesn't end here."The real work begins now, and we owe it to each other, and our future generations to come together, put a plan together and execute this plan in the most effective and efficient way we can for North and South Omaha," Wayne said.All the money doesn't immediately get allocated, senators will need to sign off on $135 million of the funds next session.

OMAHA, Neb. —

Nebraska Gov. Pete Ricketts and other leaders celebrated a big investment in North and South Omaha on Thursday.

The governor signed LB 1024 into law, allocating $370 million for business grants, affordable housing, workforce development and more.

The measure sends $285 million of Federal American Pandemic Recovery Act funds and $85 million in state funds to go to the communities.

State Sen. Justin Wayne said the process doesn't end here.

"The real work begins now, and we owe it to each other, and our future generations to come together, put a plan together and execute this plan in the most effective and efficient way we can for North and South Omaha," Wayne said.

All the money doesn't immediately get allocated, senators will need to sign off on $135 million of the funds next session.

Nebraska Gov. Pete Ricketts, community leaders celebrate $370 million investment in North, South Omaha

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