YIMBY of Northern Nevada: Difference between revisions

 

* 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($44,100). <br />

* Public Housing is only available for households below 50% of AMI ($36,750 for a 4-person household and $25,750 for a 1-person household. A full-time single earner living alone needs to make less than $12.38 per hour to qualify. Even below these levels, the waiting list extremely long. <br />

* HUD’s Extremely Low-Income Limit for Washoe County is 34% of AMI ($25,100 for a 4-person household and $15,450 for a 1-person household. A single earner living alone needs to work less than 36 hours per week at the $8.25 minimum wage without benefits to qualify.<br />

 

* Among YIMBY’s goals is to overcome the widespread confusion arising from many believing financially attainable quality housing only refers to subsidized housing. <br />

* '''There is a shortage of financially attainable quality housing for 76% of our neighbors -- from the homeless up to households making $100,000 per year.''' <br />

* Although all of our neighbors can contribute to creating a regenerative culture in Greater Reno by re-balancing their time and financial resources, the better off among us have a special capability to drive the Regenesis transformation. For insight on how we can all create a regenerative culture together, please contact us at ''Regenesis in Reno'' below.</small> <br />

<big>'''Identifying and Recruiting Developers for 1,000 Units of Housing'''</big><br /><small>

* We are working with the Truckee Meadows Regional Planning Agency (TMRPA) and real estate experts to determine the best parcels for building the first 1,000 housing units within TMRPA’s Scenario 4: Infill. Their four scenarios illustrate where 43,000 additional housing units could be built over the next twenty years to accommodate a growth in population of 100,000.<br />

* Allows changes to existing zoning<br />