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Regional board ratifies HOME and state trust allocations for two Reno-area affordable projects

3807206 · June 13, 2025
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Summary

The Truckee Meadows regional planning governing board unanimously ratified allocation of Washoe County HOME Consortium funds and Nevada Affordable Housing Trust funds on June 12, 2025, directing about $1.94 million to two new affordable housing developments and roughly $874,600 to a regional rental and deposit assistance program.

The Truckee Meadows Regional Planning Governing Board on June 12 ratified recommendations from the Washoe County HOME Consortium directors to allocate funding for two new affordable housing projects and to dedicate state trust funds to rental and deposit assistance.

The board approved using approximately $1,942,041 in HOME development funds for two projects—Summit Ridge Apartments (family housing, roughly 40 units) and Summit Heights Senior Apartments Phase 1 (senior housing, roughly 43 units)—and directed roughly $874,600 in Nevada Affordable Housing Trust funds to the regional rental and deposit assistance program administered by the City of Reno, for a total of about $2.8 million in allocations.

The board ratified the funding after staff overviewed the application and review process. Shawnee Souza of TeamRPA described the intergovernmental review path: the technical review committee evaluates applications and…

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