Arapahoe Economic Development

Arapahoe’s community and economic development strategy involves the continued support of existing businesses and ongoing efforts to recruit new businesses and industries. The overall anticipated result of both efforts will be to continue to add business activity and jobs to the Arapahoe area.

About

Business Facade Grants

The City of Arapahoe supports the business community through hosting a business facade grant program through LB840 funds. Local businesses can apply to receive up to 50% of the project cost to support business owners who would like to make improvements to the appearance and quality of their business.

The goal of this project is to strengthen our business district through supporting property owners who are working to renovate the outward appearance of their business. 

Applicants must be an Arapahoe based business within Furnas County. They must provide an explanation of the project and associated costs. Projects over $2,500 require two bids. Applications are available on our website and should be submitted to the City Clerk/Treasurer.

Low Interest Business Loan

Entrepreneurs looking to find their place in Arapahoe have the opportunity to receive support in their process of getting started. Using LB840 funds, the City of Arapahoe provides individuals the chance to start up their new business or purchase an existing business at an interest rate 50% below the prime interest rate on the date of the loan. The purpose of this program is to allow new individuals to start up and own their new or continued business right here in Arapahoe. Applications are available on our website and should be submitted to the City Clerk/Treasurer.

Build a Home in Northern Estates 

As with many rural communities across Nebraska, there is room for development when it comes to housing options. One option that is unique to Arapahoe is the opportunity to build a home at a reduced cost due to our incentive offers. Arapahoe is looking for individuals who are looking to build their home right here in town.

Conveniently located just blocks from the school, the Northern Estates subdivision has been dedicated to building new homes. This is a unique opportunity in that all lots are FREE if individuals can provide written request and documentation that they are willing to build within 18 months. Interested individuals should review the documents on our website and find out if they qualify by calling the City of Arapahoe at 308-962-7445.

Services Provided

Financial Resources and Assistance

  • Loan Providers
  • Real Estate Finance

Buying or Selling a Business

  • Buying or Selling a Franchise
  • Purchasing an Existing Business

Economic and Site Development

  • Revitalization
Primary Contact
Arapahoe Economic Development
Address
411 6th Street
Arapahoe, NE 68922
Phone
(308) 962-7445