SIDs: A Brief history

The need for SIDs began after World War II, when the demand for housing increased as soldiers returned home.  It was apparent that there was inadequate infrastructure (e.g., publicly paved roads, water, sanitation, and drainage) to serve the needs of these growing communities. Nebraska needed a mechanism to facilitate these much-needed infrastructure improvements.

In 1949, the state’s legislature established SIDs to provide capital to development projects, through the issuance of tax-exempt publicly financed debt, to make the necessary infrastructure improvements.

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