Affordable Housing vs. Market Rate: Knowing the Difference in Price and Eligibility

What makes affordable housing, well, affordable? There are frequent misconceptions that affordable housing is inexpensive because it is built with less expensive materials or it is placed in low-income, outdated areas. However, affordable does not mean cheap, especially when it comes to Nevada HAND’s 34 communities in Southern Nevada. To better explain how our organization prices units and establishes income requirements, we thought we would define some key housing terms

2021-04-07T21:28:11+00:0004/06/2021|Categories: Community Resources, Featured|
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2021 Gap Report from NLIHC Highlights Critical Shortfall of Affordable Housing in Nevada

The National Low Income Housing Coalition (NLIHC) released “The Gap: A Shortage of Affordable Homes 2021” report, which emphasizes the inadequate supply of affordable rental housing in every state. According to the NLIHC, “the U.S. has a shortage of 6.8 million rental homes affordable and available to extremely low-income [ELI] renters, whose household incomes are at or below the poverty guideline or 30% of their area median income.” Inconsistent, unavailable

2021-03-30T20:36:19+00:0003/30/2021|Categories: Featured, Research and Reports|
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Nevada HAND Breaks Ground on Largest Multi-Family Apartment Community, Decatur Commons

Nevada HAND’s construction company, HAND Construction, recently broke ground on the company’s largest multi-family apartment community, Decatur Commons. The 480-unit affordable apartment community will offer 240 units for low-income families and 240 units for low-income seniors between 30-80% of the area median income. Decatur Commons is located at the corner of South Decatur Boulevard and Alta Drive in Las Vegas. The community will sit on 20 acres of land with

2021-03-18T14:40:25+00:0002/18/2021|Categories: Corporate News and Press Releases, Featured|
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Nevada HAND Wins THREE Best of Las Vegas Awards

The BEST of Las Vegas has been found at Nevada HAND. On Sunday, December 13, the Las Vegas Review-Journal announced the 2020 Best of Las Vegas winners, and Nevada HAND won Silver for Best Nonprofit Organization. Additionally, Nevada HAND’s assisted living communities won Silver for Best Active Adult/55+ Community and, for the fourth year in a row, Gold for Best Senior Community. This year was the first year Nevada HAND

2020-12-14T19:54:52+00:0012/14/2020|Categories: Corporate News and Press Releases, Featured|
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