Park Avenue Senior Housing Incentive

At a glance

• What: ORD. 44826 would approve a TIF Redevelopment Agreement with 1053 Park Avenue, LLC for a new four-story senior living building at 1059 Park Avenue, all affordable one-bedroom units, using up to $660,785 (including capitalized interest).
• Where it stands: First reading September 15, 2026. The applicant asked to postpone; the second reading and hearing is now listed for October 27 and third reading for November 3, 2026.

From the video (2026-10-27)

2026-10-27 - City Council: Public hearing held on the 50-unit affordable senior project at Park Avenue and Pacific Street; no vote was captured.

Sources

• Council journal, September 29, 2026: https://clerk.omaha.gov/wp-content/uploads/images/2026-09-29j.pdf
• Council journal, October 6, 2026: https://clerk.omaha.gov/wp-content/uploads/images/2026-10-06j.pdf
• Council journal, October 20, 2026: https://clerk.omaha.gov/wp-content/uploads/images/2026-10-20j.pdf

Log

2026-10-20 - City Council

Listed with the applicant's request to postpone; second reading and hearing October 27, third reading November 3.

2026-10-06 - City Council

Listed as non-action; same schedule.

2026-09-29 - City Council

Listed as non-action with the applicant's postponement request.