PUBLIC NOTICE
NEVADA HOUSING DIVISION
ACCOUNT FOR AFFORDABLE HOUSING TRUST FUNDS (AAHTF),
WELFARE SET-ASIDE FUNDING (WSAP), & HOME INVESTMENT
PARTNERSHIPS PROGRAM (HOME)
FY 2022-2023
AAHTF/WSAP/HOME Service Providers and Local Government applications
will be available beginning May 20th, 2022, with a close date of
June 24th, 2022.
THE ESTIMATED AAHTF ALLOCATION IS $6,956,514.52 TO BE
ALLOCAED BETWEEN ALL AWARDED APPLICANTS. OF THAT
AMOUNT, $6,179,323.00 IS ALLOCATED TO ENTITLEMENT
ENTITIES, AND $777,189.52 IS AVAILABLE FOR COMPETITIVE
APPLICATION.
THE ESTIMATED WSAP ALLOCATION IS $927,620.21 TO BE ALLOCATED
BETWEEN ALL AWARDED APPLICANTS.
The AAHTF, WSAP and HOME funds administered by NHD may be
used by qualified organizations for affordable housing projects that
serve low-income residents statewide.
The Account for Affordable Housing Trust Funds (AAHTF) may be
used to provide incentives to develop and support affordable rental
housing and homeownership affordability through the acquisition, new
construction, reconstruction, or moderate or substantial rehabilitation of
non-luxury housing with suitable amenities, including real property acquisition,
site improvement, conversion, demolition and other expenses,
including financing costs, to provide rental assistance, including
security deposits and other manners in which to assist eligible families
in obtaining or keeping housing, including use as the State’s contribution
to facilitate the receipt of related federal money. These funds must
be used for eligible affordable housing activities for individuals and/or
families who are under 60% of the area medium income (AMI).
The Welfare Set-Aside (WSAP) will be allocated to local governments
in order for them to assist eligible persons or families with housing
needs. The funds received must be used solely for activities relating
to low-income housing and to provide assistance to or guarantee the
payment of rent or deposits as security for rent for eligible families,
including homeless persons. These funds must be used for eligible affordable
housing activities for individuals and/or families who are under
60% of the area medium income (AMI).
Interested Participating Jurisdictions/local governments in the state
are eligible to receive a formula-based allocation of AAHTF and WSAP
funds according to geographical population estimates as determined
by the Nevada State Demographer. Funds not allocated through the
formula allocation process will be distributed at the discretion of NHD
based on housing needs and/or priorities statewide, viability of project/
program, and number of submitted proposals.
AAHTF FUNDING APPLICATIONS MAY BE SUBMITTED BY
NON-PROFIT ORGANIZATIONS, PARTICIPATING JURISDICTIONS*
AND LOCAL GOVERNMENT.
WSAP FUNDING APPLICATIONS ARE SUBMITTED BY LOCAL
GOVERNMENT ENTITIES ONLY.
THE NEVADA HOUSING DIVISION ESTIMATED HOME ALLOCATION
IS $3,000,039. Funds are TO BE ALLOCATED BETWEEN
awarded APPLICANTS and NHD for the Administration of the
funds. OF THAT AMOUNT, $1,784,911.90 IS ALLOCATED TO
ENTITLEMENT ENTITIES AND ADMINSITRATION OF THE GRANT,
AND $1,215,127.10 IS AVAILABLE FOR COMPETITIVE APPLICATION.
FUNDING WILL BE CONTINGENT UPON THE FINAL AWARD
FROM HUD.
The HOME Program is sponsored by the U.S. Department of Housing
and Urban Development (HUD). The intent of the HOME program is
to provide decent affordable housing to lower-income households,
expand the capacity of nonprofit housing providers, leverage private-
sector participation, and strengthen the ability of state and local
governments to provide housing. Develop and support affordable rental
housing and homeownership affordability through the acquisition, new
construction, reconstruction, or moderate or substantial rehabilitation of
non-luxury housing with suitable amenities, including real property acquisition,
site improvement, conversion, demolition and other expenses,
including financing costs.
HOME FUNDING APPLICATIONS MAY BE SUBMITTED BY
NON-PROFIT ORGANIZATIONS, AND PARTICIPATING JURISDICTIONS*.
NHD is accepting applications for AAHTF, WSAP, and HOME funding
through the electronic submission in the ZoomGrants system. Please
contact NHD by email at nhdgrants@housing.nv.gov for the link for
portal access if you have not received one directly.
For more information regarding social service/ governmental applications
for the AAHTF, WSAP, and HOME funds, please email
nhdgrants@housing.nv.gov.
*States and localities that receive HOME funds directly from HUD are
known as “Participating Jurisdictions.”
Pub Date: May 28, 2022 Ad # 24647