SEPTEMBER 2021

A MESSAGE FROM OUR EXECUTIVE DIRECTOR

Dear NHC Members and Stakeholders,

Is summer really over? Time has gone quickly, but neither the work, nor the need, for affordable housing take a vacation.

Over the past few months, NHC has been convening nearly 70 housing stakeholders across the state from diverse sectors – affordable housing, private developers, finance, healthcare, economic development, nonprofits, local governments, advocates – to develop a comprehensive plan for affordable housing investments with the American Rescue Plan Funds. 

This has been a tremendous effort and we are excited to announce our recommendation that Nevada invest $500 million in housing infrastructure for long-lasting solutions that can transform our current affordable housing landscape. Our recommendation is divided into 4 separate areas of investment including $275 million for affordable housing multi-family development, targeting our highest impacted communities and greatest need; $125 million for affordable housing preservation; $50 million for affordable homeownership; and $50 million for land. 

This is a bold ask, but we know that affordable housing does not just happen – we see our continued rising rents and home prices. Additionally, we also understand that money alone will not solve everything. NHC strongly recommends that these funding initiatives come with support and prioritization of capacity building. This one-time money must not only build physical infrastructure, but it must also increase our ability to sustain this work. NHC also strongly recommends, and is committed to the work of, regional convenings of all stakeholders so that we may maximize and coordinate the leverage of these dollars. We pledge our commitment to supporting the Nevada Housing Division, the Nevada Advisory Committee on Housing, Nevada leadership and others that may execute this vision. 

More details and opportunities to support this work are outlined in our overview: NHC ARPA RECOMMENDATION. Upon your review of our proposal, please log in to NevadaRecovers.com to submit your support for this investment in affordable housing by our state and also submit your ideas.

A special thank you to our Task Force members and all who have provided their feedback to reach this point. Looking forward to the work ahead! 

Christine

ANNOUNCEMENTS

Public Hearing / Workshop Notice and Comments for 2022 QAP. Comments due by Noon 9/14. 

Please find the link below for the upcoming public meeting / workshop regarding the adoption of Nevada’s 2022 Qualified Allocation plan for Low Income Housing Tax Credits that is scheduled for Wednesday, September 15th at 9 am. There is a virtual option. Comments may be directed to mlicea@housing.nv.gov.

Partners in Progress: Enhancing the Housing Choice Voucher (HCV) Experience for Nevada Landlords, presented by HUD’s HCV Landlord Task Force

Session 1: Listening and Learning from Nevada Landlords: Landlords’ Experiences with the HCV Program

The symposium kicks off with a landlord listening session.  This session will begin with a brief overview of the HCV Program, but the majority of time will be dedicated to hearing from landlords about their experience with the HCV Program.  The forum will use interactive polls to guide and focus discussion.
 
Who should attend:  Nevada landlords who have participated (currently or previously) in the HCV Program. Two listening sessions will be held, each targeting landlords who work with different housing authorities.  If you work with multiple housing authorities, you are welcome to participate in both sessions, or choose which one you’d like to participate in.

Southern Nevada Regional Housing Authority
Tuesday, September 14, 2021  |  1:00PM – 3:00PM Pacific
Registration:  https://bit.ly/HCVSession1Sept14 

Nevada Rural or Reno Housing Authorities
Wednesday, September 15, 2021  |  1:00PM – 3:00PM Pacific
Registration:  https://bit.ly/HCVSession1Sept15

Registration to these free events is limited.  Please sign-up in advance.

All-In Clark County, an effort to create a sustainability & climate action plan, is seeking passionate individuals to join the Engagement Team. More information can be found HERE

UPCOMING EVENTS

Wednesday, September 22
The Role of CDFIs in Affordable Housing
NHC Monthly Lunch & Learn Series, every 4th Wednesday
12:00-12:45 pm | Zoom Webinar | FREE

Registration HERE

Join us this month for our first member-hosted Lunch & Learn. Brian Sagert with Clearinghouse CDFI has invited a couple of projects that utilized Clearinghouse as a finance partner to describe how their project came together and how they are serving affordable housing. 

October 27-29
REGISTER NOW! EARLY BIRD REGISTRATION ENDS SEPTEMBER 30TH.
IN PERSON AND VIRTUAL OPTIONS
2021 Nevada Housing Conference, Las Vegas, Nevada

Bring your perspective. Expand your knowledge. Grow your network. Leave with solutions for collaboration and implementation for affordable housing. We have secured our keynote speaker and will be making the announcement shortly! The agenda is shaping up to bring you relevant and timely discussion, information and networking. Join us in Las Vegas!

Preliminary Agenda & Registration Info HERE. 

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