Nevada HAND Receives National Top 50 Rank
Nevada HAND was recently ranked 26 out of Affordable Housing Finance’s 2021 Top 50 Affordable Housing Developers. Nevada HAND is also the second highest-ranked nonprofit developer.
Wally Swenson, Vice President of Corporate Affairs at Nevada HAND said, “We are proud to be providing a great deal of housing for those in need, but we also understand that there is a lot of work still to be done as we address our housing challenges.”
They currently have over 700 affordable housing units being made, and their latest multi-family communities will provide 480 affordable units to low-income seniors and families. Read the full article here.
More than 2,700 Affordable Housing Units to Be Created with $31.9 Million in FHLBank San Francisco AHP Grants
Last month, the Federal Home Loan Bank of San Francisco announced that $31.9 million in Affordable Housing Program (AHP) grants will go towards projects to help preserve and develop affordable housing units in Arizona, California and Nevada. The AHP grants are facilitated through members of FHLBSF partnering with nonprofits and affordable housing developers to submit applications in an annual funding competition. Read the full press release here.
Congratulations to two of our members who received grants for their projects:
Do You Have an Announcement?
If you’re an active member of NHC and have an announcement to share in an upcoming Newsletter, please contact amanda.lakin@nvhousingcoalition.org.