National Housing Trust Fund
Forecasted
The National Housing Trust Fund by the Nevada Housing Division funds the creation and preservation of long-term affordable housing for low-income residents through construction, acquisition, and rehabilitation projects.
Funder: Nevada Housing Division
Due Dates (Anticipated): January 2027 (annual application deadline, projected)
Funding Amounts: Annual allocation from HUD; typical awards support acquisition, construction, or rehabilitation of affordable housing; funding size varies by project and allocation.
Summary: Supports the creation and preservation of affordable housing in Nevada through funding for construction, acquisition, and rehabilitation with long-term affordability requirements.
Key Information: Minimum 30-year affordability required for all assisted units.
Description
The National Housing Trust Fund (NHTF), administered by the Nevada Housing Division, is a federally allocated program designed to increase and preserve the supply of affordable housing for extremely low- and very low-income households in Nevada. Funds are provided annually by the U.S. Department of Housing and Urban Development (HUD) and are primarily targeted toward rental housing, though a portion may be used for homeownership activities. Eligible projects include acquisition, new construction, reconstruction, and rehabilitation of non-luxury housing with appropriate amenities. The program ensures a minimum affordability period of 30 years for all assisted units and supports a range of eligible activities and financial mechanisms.
