Possible Answer to Affordable Housing?

The Reno real estate market has been booming! Although prices have dropped every so slightly, the need for affordable housing still remains a hot topic.

The good news? Recently, The Washoe Board of County Commissioners sparked a discussion about a trust fund that would create more affordable housing options in our region. Thankfully, commissioners have already approved the fund and are ready to move forward. The concept of the trust fund was initiated by the nonprofit organization called ACTIONN, where their efforts extend throughout the Northern Nevada region.

Perhaps what swayed commissioners the most were the stories shared by the many supporters who showed up at the chambers during the discussion. From working professionals to retirees, people shared about their dire living conditions, resulting in eviction and even homelessness due to rent increases.

“It’s offensive to me that we live in the greatest country in the world and yet we have people who have to give up their children because they can’t afford a roof over their head.” said Commissioner Marsha Berkbigler.

It’s still unclear how the fund will be acquiesced, but talk about government service taxes came into play. There’s been over 8 months of research regarding this topic, and there’s definitely hope on the horizon for more affordable housing. Stay tuned for more updates when they come!

cropped-neal.png

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Blog at WordPress.com.

Up ↑

%d bloggers like this: