Northern Nevada communities are expected to see expanded housing opportunities following Governor Joe Lombardo’s announcement of more than $64 million in statewide funding for attainable housing, with several projects and assistance programs focused on Reno, Fernley, Washoe County, Lyon County, and rural Nevada.
Part of the funding includes $750,000 approved for the Rural Nevada Development Corporation, which will provide homebuyer assistance across multiple Northern Nevada and rural counties. Eligible areas include Elko, Lander, White Pine, Humboldt, Pershing, Douglas, Mineral, Lyon, Storey, and Carson City, among others. The program is designed to help first-time and moderate-income buyers with down payments and closing costs, expanding access to homeownership in communities where housing options are limited.
Several housing developments were also approved to add both rental units and for-sale homes in Northern Nevada. In Reno, nearly $1.48 million was approved for the Hi-Way 40 project, which will bring 28 new rental homes to Washoe County. Another Reno-based project, Alpine Vista by Desert Wind Homes, received $4 million to support the development of 145 for-sale homes aimed at working families seeking attainable homeownership…