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Midwest Housing Equity Group
Brewery Lofts – Hastings, Nebraska

Located just north of Hasting’s downtown district, Brewery Lofts is an adaptive-reuse multifamily apartment building comprised of 35 affordable units. Built in 1908, the Lofts’ two historic buildings served as a factory and bottling facilities for the Hastings Brewing Company. When Prohibition brought beer production to a halt, the spacious buildings with their characteristic smokestack were later used for ice cream production, meat packing and cold storage before eventually going idle. Cohen-Esrey Development Group purchased the buildings in 2015 with plans to convert them into affordable housing.

The Brewery Lofts blend early-20th -century architecture with modern amenities while being priced at an affordable rate. Each unit is reserved for tenants who are at or below 60% of the median area income. The Lofts offer spacious one-, two- and three-bedroom units ranging from 587 to 1,606-square-feet. The development also features high-speed internet, washer-dryer units, a community picnic and grilling area and other amenities.

MHEG Fund 46, LP provided $6.7 million in equity.