Senator Lydia Brasch was among four senators to introduce LB850, legislation that would provide an incentive to individuals moving from outside of Nebraska to counties, primarily rural, that have been affected by population decline. LB 850 would provide such individuals with an income tax credit of $1,500 per year if they establish residence in one of these counties after having lived outside of Nebraska for five years.
Kudos to Senator Brasch for her efforts to repopulate rural Nebraska communities. If this passes, how could it affect Bancroft? Right now the biggest concern is where would they live? There is a shortage of quality housing in Bancroft, and lots for new home construction are scarce. We have been trying to address this issue for several years and have little to show for our efforts. The recent income survey, that we were informed had to be done before we could move forward on a project, did not meet the 100% return that was needed. So now we are at a standstill.
The Bancroft Betterment group has not received any post-survey feedback yet from the Northeast Nebraska Economic Development District as far as options for the community to move forward in its efforts to improve Bancroft housing. I continue to support adding two bedroom apartments with garages to Barber's Sunrise Villa.
It may be time to contact Senator Brasch and find out what her office can do to help us prepare for those who want to relocate to rural Nebraska.
