2022-08-24
- Guest Blog: Tim Veenstra of Nevada Hand
Decatur Commons Senior Apartments is a brand-new affordable senior community for adults 55 years and older. This community offers one- and two-bedroom apartment homes, and as of August 2022 they are still taking applications from income qualified applicants.
As measured in Nevada's Affordable Housing Dashboard, the U.S. average number of vouchers per thousand population is 6.8 as compared to Nevada's 4.8. If Nevada were to have the same number of vouchers per thousand it would have an additional 6,400 vouchers.
Nevada Housing Division's 2021 Taking Stock has been released. NV LIHTC vacancies were 2.5%, the lowest vacancy rate in the series. Rent collections averaged 12% less during the Covid Pandemic with family properties most effected.
A partir de junio de 2022, Northern Nevada Community Housing (NNCH) está aceptando solicitudes para su nuevo proyecto de vivienda asequible en Sparks, llamado Sierra Cove. Comuníquese con NNCH al (775) 337-9155 x107 o sierracove@nnch.org para obtener más información.
New Sierra Cove affordable one and two bedroom apartments are nearing completion in Sparks. Contact (775) 337-9155 x107 or sierracove@nnch.org for more information. Income restrictions apply.
2022-06-07
- Guest Blog: Eddie Hult, Director of Development, CPLC Nevada and LCD-NV
La Causa Development is building 50 new affordable family apartments in Dayton, Nevada. Pre-applications are being taken as of June 1, 2022. A fall opening is planned.
Rents in the private market surged dramatically in 2021; Las Vegas and Reno 4th quarter market rate rents increased 21% and 13% year over year respectively. Consequently, market rate rents and LIHTC rents diverged even further.
Southern Nevada Regional Housing Authority gave notice that wait lists for public housing, RAD housing and other housing programs will open June 21, 2022 to September 20, 2022.
Preliminary results from Taking Stock show vacancies in Nevada's tax credit properties fell from 2.6% in 2020 to 2.5% in 2021. Vacancy rates were low throughout most of Nevada but tended to be higher in Nevada's mining counties.
Vintage at Sanctuary brings 208 new studio and one bedroom senior apartments to Reno. Rents range from $877 to $939 a month. The property is located at 301 Gentry Way not far from the Peppermill and the Atlantis Casinos.
A ground breaking ceremony was held for the Golden Rule February 17th. The new housing development will have 60 one and two bedroom affordable apartments for seniors in Las Vegas. Golden Rule is expected to open in the Spring of 2023.