Nevada Housing Division
Nevada

The program was implemented approx. 25 years ago as a match for federal HOME dollars. It takes a small portion of the Real Property Transfer Tax (RPTT) which provides a varying amount of funding each year. It is typically used as a gap-filler in the capital stack for affordable housing projects.

Program Status
Active
Website
https://housing.nv.gov/Programs/Affordable_Housing_Trust_Fund/
Contact
Catherine Byrne Nevada Housing Division [email protected] 800-227-4960
How Provided?
Development loans; Development grants
Data Collected by Program
Income; Race; Ethnicity; Disability status; Age
Program Type
Capital resources
Income Eligibility Threshold
60% AMI or less
Duration
Affordability period is 50 years
Info Source
Program administrator survey response
Last Updated
5/1/23 18:50
Other Eligibility Requirements

No other eligibility requirements

Coordinates Eligibility With

Does not coordinate with other systems

Eligibility Limitations

Does not limit eligibility on these criteria

Priority Populations

Extremely low-income households (income less than 30% AMI); Very low-income households (income less than 50% AMI)