Connect with us

Nevada

New affordable housing community opens in Sun Valley

Published

on

New affordable housing community opens in Sun Valley


SUN VALLEY, Nev. (KOLO) – Ulysses Development Group and state and local leaders celebrated the grand opening Tuesday of The Ridge at Sun Valley, a 195-unit affordable housing community and the first project in Nevada to close financing using funds from the Home Means Nevada Initiative.

The community serves individuals and families earning 50-60% of area median income. Nevada State Treasurer Zach Conine said rent for the units stays below 30 percent of a renter’s income.

“These are apartments that people can pay for and they can still have money left over for groceries and medicine and all the other things they need in their life,” Conine said.

Historic funding milestone

The project marks a milestone as Nevada’s first to use Home Means Nevada Initiative funding. During the pandemic, Nevada allocated $500 million from COVID funds to create the initiative, the most allocated by any state in the union for affordable housing, Conine said.

Advertisement

“That initiative put $500,000,000 into affordable housing,” Conine said.

Washoe County Board of County Commissioners District 3 member Mariluz Garcia said 49 percent of people in Reno are cost burdened by housing costs.

Community amenities and design

The units include washers and dryers, according to apartment manager Hailee Penberthy. Community amenities include a toddler playground, gazebo and grill, picnic tables, pet stations, a heated pool and a 24/7 gym, Penberthy said.

The development was designed with green elements including a solar energy system and Energy Star building standards.

Penberthy said the units are over 50 percent occupied.

Advertisement

Nevada Infrastructure Coordinator Chris Reilly, Nevada Housing Division Administrator Steve Aichroth and Ridge at Sun Valley resident Jaidyn Avalos also spoke at the event.

She says she enjoys the mountain views and the people she now calls her neighbors.

The Ridge at Sun Valley is located at 5100 W 1st Ave in Sun Valley.



Source link

Advertisement
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Nevada

IN RESPONSE: Cortez Masto lands bill would keep the proceeds in Nevada

Published

on

IN RESPONSE: Cortez Masto lands bill would keep the proceeds in Nevada


A recent Review-Journal letter to the editor mischaracterized Sen. Catherine Cortez Masto’s Southern Nevada Economic Development and Conservation Act, also known as the Clark County Lands bill. As the former executive director of the Nevada Conservation League, I wholeheartedly support this legislation, so I wanted to set the record straight.

Sen. Cortez Masto has been working on this bill for years in partnership with state and local governments, conservation groups like the NCL and local area tribes. It’s true that the Clark County lands bill would open 25,000 acres to help Las Vegas grow responsibly, while setting aside 2 million acres for conservation. It would also help create more affordable housing throughout the valley while ensuring our treasured public spaces can be preserved for generations to come.

What is not correct is that the money from these land sales would go to the federal government’s coffers. In fact, the opposite is true.

The 1998 Southern Nevada Public Lands Management Act is a landmark bill that identified specific public land for future sale and created a special account ensuring all land sale revenues would come back to Nevada. In accordance with that law 5 percent of revenue from land transfers goes to the state of Nevada for general education purposes, 10 percent goes to the Southern Nevada Water Authority for needed water infrastructure and 85 percent supports conservation and environmental mitigation projects in Southern Nevada. This legislation has provided billions to Clark County and will continue to benefit generations of Southern Nevadans. Sen. Cortez Masto’s lands bill builds upon the act’s success.

Advertisement

So here’s the good news: All of the money generated from land made available for sale under Sen. Cortez Masto’s bill would be sent to the special account created by the 1998 law. Rather than going to an unaccountable federal government, the proceeds would continue to help kids in Vegas get a better education, bolster outdoor recreation and modernize Southern Nevada’s infrastructure.

I know how important it is that money generated from the sale of public land in Nevada stay in the hands of Nevadans, and so does the senator. That’s why she opposed a Republican effort last year to sell off 200,000 acres of land in Clark County and other areas of the country that would have sent those dollars directly to Washington.

Public land management in Nevada should benefit Nevadans. We should protect sacred cultural sites and beloved recreation spaces, responsibly transfer land for affordable housing when needed and ensure our state has the resources it needs to grow sustainably. I will continue working with Sen. Cortez Masto to advocate for legislation, such as the Clark County lands bill, that puts the needs of Nevadans first.

Paul Selberg writes from Las Vegas.

Advertisement



Source link

Continue Reading

Nevada

Las Vegas High beats Coronado in 5A baseball — PHOTOS

Published

on

Las Vegas High beats Coronado in 5A baseball — PHOTOS