Carson City, NV -
May 28, 2015
In 1975, the Nevada Legislature created the Nevada
Housing Division to address a shortage of safe, decent and sanitary housing
options for low- and moderate-income persons and families. Now in its 40th year, NHD remains committed
to developing and administering programs to provide affordable housing
solutions that positively impact the quality of life for all Nevadans.
Highlights of NHD programs since inception
·
More than $1 billion of multifamily financing has
created over 22,000 affordable apartment units throughout the state
·
The Low-Income Housing Tax Credit program has
generated nearly $1 billion in tax credit equity, creating more than 11,000 affordable
apartment units since 1987
·
Since 1992, Home Investment Partnership Program (HOME)
funds have built or rehabilitated approximately 2,700 quality housing units
·
The Weatherization Assistance Program has increased
energy efficiency for more than 25,000 low-income Nevadans since 1977
·
Since inception in 1989, the Low-Income Housing Trust
Fund has served more than 32,000 seniors, veterans, families and individuals
with disabilities through down payment,
emergency or rehabilitation assistance
·
Emergency Solutions Grant funds have provided shelter
for more than 32,000 at-risk Nevadans since 2001
·
Launched in 2014, www.NVHousingSearch.org provides a
free, searchable database of more than 30,000 affordable and market rate
rentals available throughout Nevada.
·
More than 20,000 Silver State families, have received
down payment assistance from Home Is Possible grant program to realize the
dream of homeownership
“The Housing
Division is honored to have served the people of Nevada for the past 40 years
and looks forward to ensuring all Nevadans have access to affordable housing
for years to come.” CJ Manthe, Administrator
About NHD
Created by the Nevada Legislature in
1975, the Nevada Housing Division was
enacted
to encourage the investment of private
capital and stimulate affordable housing
financingby leveraging public funds
. The Division provides low interest rate mortgages and down
payment assistance to qualifying individuals and provides funding for
affordable multi-family housing developments for seniors and families.
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