Affordable Housing Development

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Affordable Housing Municipal Loan Program

Loans may be available to assist with the development of transitional and permanent affordable housing units through the Washoe County HOME Consortium (WCHC). Loans may be available for the following:

Pre-development and development
Construction
Acquisition
Preservation
Substantial rehabilitation

Funds are typically provided for the loan program through the HOME Investment Partnership Program (HOME), Affordable Housing Trust Funds (AAHTF), and other housing funds.

The loans are made available through a competitive application process.
Projects seeking loans must be approved by the Technical Review Committee of the Washoe County HOME Consortium, and must maintain compliance with all of the rules and regulations of the U.S. Department of Housing and Urban Development (HUD) at all times.
The laws and rules of the Davis-Bacon Act and the Section 3 program may be required for approved projects.
Loans through this program typically require a minimum affordability period of between five and thirty years, depending on the nature of the project.
Additional requirements may apply.

Apply Now!

Create an Account - Participant User Guide
Affordable Housing Municipal Loan Program Application FY 2025-2026 (for viewing purposes only)
CHDO Cert Forms FY 2025-2026
For additional information, contact housing@reno.gov.

Affordable Housing Fee Reduction Program

Pursuant to Statutes of Nevada 2019, enacted by the Nevada Legislature by passage of Senate Bill No. 103 (NRS 278.235(1)(a) and (2)) the city is enabled with the ability to reduce or subsidize in whole or in part impact fees, fees for the issuance of building permits collected pursuant to NRS 278.580 and fees imposed for the purpose for which an enterprise fund was created to assist in maintaining or developing a project for affordable housing.

Apply now!