Affordable housing provides a foundation that helps individuals thrive in myriad ways, improving financial stability and self-efficacy, healthcare outcomes, mental and physical well-being, and educational achievement. For school-aged children, the link between stable housing and educational attainment is well documented in literature, and Nevada HAND’s Resident Services team adds year-round enrichment activities and educational programming to the stable housing foundation we provide. This is just one way Nevada
. As a member of NeighborWorks, Nevada HAND joined network organizations across the country participating in NeighborWorks Week from June 3-10, celebrating programming that empowers communities and enhances lives. As part of this effort, we are proud to highlight the impact of financial literacy programs led by Resident Services Coordinators and community partners.
The Nevada HAND team continually examines how energy-conscious construction and operational choices help us deliver on our mission as well as contribute to the sustainability of our neighborhoods and our region.
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
National Low Income Housing Coalition Releases 2020 Out of Reach Report and Rental Assistance Research Note
The National Low Income Housing Coalition (NLIHC) recently published its 2020 Out of Reach: the High Cost of Housing report, which found that Nevadans must earn $20.48 per hour to afford a two-bedroom unit at Fair Market Rent (FMR). Given that Nevada’s minimum wage is just $9.00, most renters are working multiple jobs, well over 40 hours per week, to afford a home. Housing is considered affordable when a household
The Gap Report Highlights Critical Shortfall of Affordable Homes for Extremely Low-Income Households
“The Gap: A Shortage of Affordable Homes 2020” report indicates a persistent and growing shortage of affordable homes nationwide to extremely low-income (ELI) renters – those making 30% or below of AMI. These households – working families, seniors on fixed incomes, those affected by disabilities, and others – are vulnerable to homelessness, poor health, and myriad other complications and difficulties. Nationwide, there are only 36 affordable and available homes for
“How much do you have to earn to afford rent and utilities on a modest apartment?” The answers are provided on a national, and a state-by-state basis, by the National Low Income Housing Coalition’s 2019 “Out of Reach” report, which highlights the mismatch between the wages people earn and the price of decent rental housing in every state, metropolitan area, and county in the U.S. Nevada’s rankings place it
Nevada HAND is proud to premiere its first edition of HANDPrint, our community impact book. Inside, you'll see what we've done in 2018, including new property openings, residents served, community partners, our generous donors, and more. It's also an excellent opportunity to take a look at what we have coming up in 2019, and what to expect from Nevada HAND in its landmark 25th year of service to the Southern Nevada