Affordable housing took a significant step forward at the Sparks City Council meeting on April 14, 2025, as council members unanimously approved the conceptual development proposal from the Reno Housing Authority (RHA) for a new project at 2026 I Street. This initiative aims to address the pressing need for affordable housing in the area, with plans for 12 units designated for low-income households.
Housing Specialist Amy Jones presented the proposal, highlighting that the city purchased the 0.2-acre parcel in February 2024. Located in a mixed neighborhood near essential amenities, the site is poised to serve households earning 60% or less of the area median income. The RHA's project will specifically cater to families earning 50% or below, with all units receiving project-based vouchers to ensure affordability.
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Subscribe for Free The estimated cost for the project is approximately $5.4 million, with a per-unit cost of around $452,543. The timeline indicates that planning and design will commence in 2025, with construction expected to begin in the third quarter of 2026 and completion anticipated by mid-2027.
Council members expressed their support for the project, with Councilman Abbott praising the RHA for their effective communication with local residents. The council's decision marks a crucial step in enhancing affordable housing options in Sparks, with the RHA committed to maintaining affordability for 50 years and providing access to workforce development programs for residents.
Next steps include formalizing a development agreement with the RHA, ensuring compliance with grant requirements, and setting a timeline for the project's execution. The council's approval signals a proactive approach to tackling housing challenges in the community, with hopes for a positive impact on local families in need.