Western Nevada’s impressive, recent economic expansion has come with its share of growing pains. Especially when it comes to the housing sector. The dynamics of supply and demand have led to increased rental rates, and have made home ownership a stretch for many. And, while rents and home prices are still lower than many major metros, local low-to-medium income residents are finding it more difficult to find affordable housing.
Fortunately, a variety of local organizations are coming together to address this problem. Their innovative solutions have garnered national acclaim in the process.
Read on to learn more about one such initiative, The Village on Sage Street. This creative solution to the demand for low-income housing in Reno, NV, will accommodate 200 residents by mid-July.
The Demand for Low-Income Housing in Reno, NV
The Village on Sage Street represents a one-of-a-kind solution to the Reno housing shortage. Funded by local philanthropists and managed by the Volunteers of America, the dorm-style housing will provide qualified individuals with inexpensive apartments in Reno.
According to Pat Cashell, regional director of the Volunteers of America, it’s an innovative concept without precedent in the area. The structures come from a mining camp in Wyoming no longer in use. Each building contains 48 dorm-style, single-occupancy rooms. Six shared bathrooms with toilets and showers are offered per building.
Besides these single-occupancy rooms, there will also be dedicated community spaces. These will include:
- A recreation center with gym equipment
- A dining room
- A meeting room
- Laundry facilities
Finally, residents will enjoy full electricity, air conditioning, heating, and designated parking spots.
Transitional Housing that Makes a Difference
This project is the result of cooperation across multiple levels of the community, from individuals and organizations to corporations throughout Northern Nevada.
According to Cashell, “It’s unbelievable how many people in the community have come together to make this happen.” Not surprising in a community that cares!
More than $3 million have already been allocated to the project, and donations continue to come in. The Community Foundation of Western Nevada has spearheaded the fundraising efforts. This means the project won’t rely on subsidies from taxpayer dollars to operate.
Intended for transitional housing, residents will have the chance to get back on their feet. But there will be no limitations when it comes to how long they can stay.
They do need to meet specific requirements to obtain and maintain residency, though. First, they can’t have a criminal history. Second, they must earn between $1,300 and $2,000 per month to apply. Rent will not exceed $400 per month. For additional information, click here.
A Leg Up
The individuals and organizations behind The Village on Sage Street don’t want to stop at offering comfortable, safe living spaces alone. They envision providing financial advisors to assist residents in creating monthly budgets and long-term plans. Such resources will offer residents the tools they need for a successful transition.
Residents will also have opportunities within the community to develop new career skills and find better jobs. There are many workforce development resources and providers in the region, including Nevada JobConnect, housed at the American Job Center of Nevada, and Truckee Meadows Community College which offers workforce development and community education.
Ready to learn more about some of the most innovative solutions to the demand for low-income housing in Reno, NV? Contact us today to find out what’s happening in Western Nevada and why you want to be here.