YIMBY of Northern Nevada: Difference between revisions
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'''<big>The mission of YIMBY of Northern Nevada is to mobilize our neighbors seeking quality housing.</big>'''<br /> |
'''<big>The mission of YIMBY of Northern Nevada is to mobilize our neighbors seeking quality housing.</big>'''<br /> (7 minute read) |
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YIMBY of Northern Nevada is a project of Regenesis in Reno. Our company is seeking funding from individuals and from local organizations looking for a way to help current and prospective employees find quality housing. <br /> |
YIMBY of Northern Nevada is a project of ''Regenesis in Reno''. Our company is seeking funding from individuals and from local organizations looking for a way to help current and prospective employees find quality housing. <br /> |
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* As solutions to our housing crisis roll out, the 24% of households in Greater Reno with more than $100,000 income will have an opportunity to drive their combined housing and transportation costs well below 45%. This will be especially true for the 6% of our neighbors living in households with more than $200,000 income. <br /> |
* As solutions to our housing crisis roll out, the 24% of households in Greater Reno with more than $100,000 income will have an opportunity to drive their combined housing and transportation costs well below 45%. This will be especially true for the 6% of our neighbors living in households with more than $200,000 income. <br /> |
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* For 2018, the U.S. Department of Housing and Urban Development (HUD) has set 100 percent of Average Median Income (AMI) in Washoe County for a four-person household at $73,500. <br /> |
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* We use HUD's definition of workforce housing as attainable for households earning between 80% ($58,800) and 120% ($88,200) of AMI with total housing costs not exceeding 30% of gross income. <br /> |
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* For 2018, HUD . We also use the definition of affordable housing as attainable for households below 80% of AMI. <br /> |
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* It is important to understand public subsidies such as the Low-Income Housing Tax Credit (LIHTC) are only available to households with less than 60% of AMI. Among YIMBY’s goals is to overcome the confusion arising from many believing affordable housing only includes subsidized housing. <br /> |
* It is important to understand public subsidies such as the Low-Income Housing Tax Credit (LIHTC) are only available to households with less than 60% of AMI. Among YIMBY’s goals is to overcome the confusion arising from many believing affordable housing only includes subsidized housing. <br /> |
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