The Nevada Housing Division improves lives and strengthens Nevada communities by expanding housing opportunities, building self-sufficiency, protecting the residents and industry of manufactured housing and by fostering economic development.
Relationship to the State Government: Nevada Legislature in 1975
Current Staff Size: 38
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1975
NVHD is established
1978
First Multi-family Tax-exempt Bonds Issued
2010
10,000 units created or preserved using tax-exempt bonds
2019
More than 30,000 Homeowners Served with Mortgages and Down Payment Assistance
2021
Over 1,100 Teachers Provided Down Payment Assistance
Total Financing Provided
Renters Served Since 1975
Homeowners Served Since 1975
Signature Program
Home Is Possible For Teachers
The Home Is Possible For Teachers program was developed by the Nevada Housing Division in 2016 to help recruit K-12 public school classroom teachers to the State of Nevada. The program offers $7,500 for down payment and closing costs at a below market interest rate. Since the program’s inception, 1,126 teachers have found their way home.
Teachers of Nevada: 1,126
Future Focus
Steve Aichroth
Executive Director
“With the American Rescue Plan allowing for the development of affordable housing, we have a unique, and potentially once in a lifetime, opportunity over the next few years to accomplish things that we have only dreamed of in the past.”
Village on Sage Street
Reno, NV
Village at Sage Street made a unique contribution towards meeting the housing needs of low income people in Reno which had been made so evident by this rising tide of homelessness. It brought together many sectors of the community in a collaborative effort that produced 225 additional low income units with a low $400 a month rent, available to individuals with an income under $2,735 per month.
