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 /> (7 minute read)
 
 
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 />
 
* TheFor 2018, the U.S. Department of Housing and Urban Development (HUD) defineshas workforceset housing100 as attainable for households earning between 80% and 120%percent of Average Median Income (AMI) within totalWashoe housingCounty costsfor nota exceedingfour-person 30%household ofat gross income$73,500. <br />
 
* ForWe 2018,use HUD's has set 100 percentdefinition of AMIworkforce inhousing Washoeas Countyattainable for ahouseholds four-personearning householdbetween at80% ($7358,500.800) Weand also120% use($88,200) theof definitionAMI ofwith affordabletotal housing ascosts attainablenot forexceeding households below 8030% of AMIgross income. <br />
 
* For 2018, HUD . We also use the definition of affordable housing as attainable for households below 80% of AMI. <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 />