Building housing Omaha can actually afford.
Tortola Development is an Omaha-based development and consulting firm working to turn underinvested parcels in North and East Omaha into feasible, financeable affordable and workforce housing.
Bridge brokerage and ground-up development
Tortola exists to close the gap between commercial brokerage and ground-up residential development — building the technical, financial, and community relationships needed to deliver high-quality, affordable housing in underinvested Omaha neighborhoods.
The Vision
A trusted, community-focused development partner in North and East Omaha — one that uses disciplined financial modeling and public-private tools to turn historically underinvested parcels into feasible, financeable housing.
Omaha's housing math doesn't work — yet
Rent Growth Since 2022
Metro rents have climbed more than 20% in under four years, far outpacing household income growth across the region.
Priority Districts
North and East Omaha — neighborhoods identified for regional economic expansion and public-private alignment, notably through the Omaha Inland Port Authority.
Statewide Deficit
Nebraska faces a well-documented shortage of affordable workforce housing — a single, persistent gap between what workers earn and what housing costs.
Our thesis: this gap is both a community need and a viable business. Underinvested, well-located parcels in these districts can become affordable and workforce housing when paired with the right blend of public incentives, patient capital, and disciplined underwriting.
Disciplined, not opportunistic
Target the right parcels
Underinvested, well-located sites in North and East Omaha that align with the Omaha Inland Port Authority's district priorities.
Underwrite conservatively
Every site is modeled with conservative, data-driven pro formas — never speculative assumptions.
Use incentives honestly
Public tools like Tax Increment Financing (TIF) and the Community Housing Investment Program (CHIP) are layered in only where they demonstrably close a real funding gap — never as a substitute for underlying feasibility.
Start with one project
A single, right-sized first development builds the track record before scaling to multiple sites.
Measure community benefit
Affordability and neighborhood impact are prioritized alongside financial return — consistent with the mission, not in tension with it.
The public-private toolkit
Tax Increment Financing (TIF)
Closes funding gaps on qualifying redevelopment sites by capturing future property tax growth.
Community Housing Investment Program (CHIP)
City of Omaha density and cost-effective housing incentives that improve project feasibility.
Omaha Inland Port Authority (OIPA)
A regional economic development partner and potential source of gap financing for projects within its district.
Spark Developer Academy
Creighton University's intensive program connecting emerging developers with seasoned builders, city planners, lenders, and community stakeholders.
Built on real deal experience
Quentin C. Jones
Quentin founded Tortola to combine what he learned across brokerage, finance, and holding-company operations into a single, community-focused development platform — grounded in the pro forma modeling, deal sourcing, and lender relationships that ground-up development requires.
Creighton University · May 2027
Spark Developer Academy · Current
Market and property research, rent and sale comparables, and submarket analysis supporting brokerage transactions totaling more than $10 million in gross transaction value.
Helped establish the legal and financial framework for a new holding company — cash flow statements, balance sheets, and financial reporting to support future diversification.
Comprehensive underwriting and due diligence on prospective real estate acquisitions, including financial analysis and market research.
Applied Internal Revenue Service (IRS) rules to prepare and reconcile returns for volunteer clients — foundational financial and compliance discipline.
Methodical by design
Complete the Spark Developer Academy. Continue brokerage and consulting work. Build lender and city relationships that will underwrite the first acquisition.
Identify and underwrite Tortola's first candidate site in North or East Omaha. Evaluate TIF and CHIP eligibility. Begin site control discussions.
Move the first project into entitlement and financing, with a project-specific business plan and full pro forma prepared once the site is under control.
Where we are — honestly
Tortola is in its pre-development, capacity-building phase. No site is under contract yet — deliberately. We believe the underwriting, relationships, and public-financing tools should be properly in place before the first parcel is acquired. That discipline is the product.
Let's talk about Omaha's next housing project
Whether you're a lender, a city partner, a landowner in North or East Omaha, or a fellow developer — Tortola is building its network now, before its first acquisition. That's exactly the right time to start a conversation.
4401 North 21st Street
Omaha, NE 68110
Quentin C. Jones
Founder & Managing Member