58-212. Hospital or nursing home, defined. Hospital or nursing home shall mean (1) any private nonprofit hospital, nonprofit nursing home, corporation, association, or institution, (2) any public hospital, public nursing home, or institution authorized by law to provide or operate health facilities in this state, and (3) any cooperative hospital service organization which is described […]
58-213. Insurer, defined. Insurer shall mean (1) an agency, department, administration, or instrumentality, corporate or otherwise, of or in the United States Department of Housing and Urban Development, the Farmers Home Administration of the United States Department of Agriculture, or the United States Department of Veterans Affairs, (2) any private insurance company, or (3) any […]
58-214. Lender, defined. Lender shall mean (1) any federally chartered or state-chartered bank, federal land bank, production credit association, bank for cooperatives, savings and loan association, building and loan association, or small business investment company, (2) the Wastewater Treatment Facilities Construction Loan Fund, or (3) any other institution or fund qualified within the state to […]
58-215. Loan, defined. Loan shall mean any lending arrangement pursuant to a financing agreement. Source Laws 1983, LB 626, § 15.
58-216. Low-income or moderate-income person, defined. Low-income or moderate-income person shall mean any person irrespective of race, religion, creed, national origin, or sex determined by the authority to be eligible for such assistance as is made available by the Nebraska Investment Finance Authority Act on account of insufficient personal or family income, taking into consideration […]
58-216.01. Microenterprise, defined. Microenterprise shall mean any business, whether new or existing, with less than ten employees, less than twenty-five thousand dollars of net assets, and less than one hundred thousand dollars of annual sales. Source Laws 1996, LB 1322, § 5.
58-217. Mortgage, defined. Mortgage shall mean a mortgage deed, deed of trust, or other instrument securing a mortgage loan and constituting a lien on real property held in fee simple or on a leasehold under a lease having a remaining term at the time such mortgage is acquired of not less than the term for […]
58-218. Mortgage loan, defined. Mortgage loan shall mean an interest-bearing obligation which may be secured by a mortgage or such other security as the authority deems appropriate. Source Laws 1983, LB 626, § 18; Laws 1991, LB 253, § 21.
58-219. Project, defined. Project shall mean one or more of the following: (1)(a) Rental housing; (b) Residential housing; and (c) Residential energy conservation devices; (2) Agriculture or agricultural enterprise; (3) Any land, building, or other improvement, any real or personal property, or any equipment and any undivided or other interest in any of the foregoing, […]
58-219.01. Public agency, defined. Public agency means any: (1) County, city, or village; school, drainage, tax, improvement, or other district; local or regional housing agency; department, division, or political subdivision of this state or another state; housing agency or housing trust of this state or another state; and other agency, bureau, office, authority, or instrumentality […]
58-220. Rental housing, defined. Rental housing shall mean a specific work or improvement within this state undertaken primarily to provide rental dwelling accommodations for low-income or moderate-income persons, which work or improvement shall include the acquisition, construction, reconstruction, or rehabilitation of land, buildings, and improvements thereto and such other nonhousing facilities, including commercial facilities, as […]
58-221. Residential energy conservation device, defined. Residential energy conservation device shall mean any prudent means of reducing the demands for conventional fuels or increasing the supply or efficiency of these fuels in residential housing and shall include, but not be limited to: (1) Caulking and weather stripping of doors and windows; (2) Furnace efficiency modifications, […]
58-222. Residential housing, defined. Residential housing shall mean a specific work or improvement within this state undertaken primarily to provide owner-occupied dwelling accommodations for low-income and moderate-income persons, which work or improvement shall include the acquisition, construction, reconstruction, or rehabilitation of land, buildings, and improvements thereto, including residential energy conservation devices, and such other nonhousing […]
58-223. Residential energy conservation loan program, defined. Residential energy conservation loan program shall mean a system by which loans and mortgage loans for residential energy conservation devices are made to low-income and moderate-income persons pursuant to the Nebraska Investment Finance Authority Act. Source Laws 1983, LB 626, § 23; Laws 1991, LB 253, § 26.
58-223.01. School, defined. School shall mean (1) any school board or school district and (2) any private for-profit or not-for-profit institution, the primary purpose of which is to provide educational instruction if such institution is available for attendance by members of the general public. Source Laws 1989, LB 706, § 6; Laws 1991, LB 253, […]
58-224. State, defined. State shall mean the State of Nebraska. Source Laws 1983, LB 626, § 24.
58-225. Utility, defined. Utility shall mean an entity which provides electricity or natural gas to retail customers in the state. Source Laws 1983, LB 626, § 25; Laws 1991, LB 253, § 28.
58-226. Nebraska Investment Finance Authority; created; members; qualifications. (1) There is hereby created a body politic and corporate, not a state agency, but an independent instrumentality exercising essential public functions, to be known as the Nebraska Investment Finance Authority. The authority shall have the powers and duties set forth in the Nebraska Investment Finance Authority […]
58-227. Authority; public members; terms; vacancies; removal. Of the six public members first appointed to the authority, three shall be appointed to terms of office expiring on January 15, 1985, and the remaining three to terms of office expiring on January 15, 1987. All subsequent appointments shall be for terms of four years. Vacancies in […]
58-228. Authority; chairperson; officers; expenses. The Director of Economic Development shall be the chairperson of the authority. The members shall elect from among the membership a vice-chairperson and such other officers as they may determine. Members shall receive no compensation for their services but shall be reimbursed for expenses incurred in the discharge of their […]
