Welcome Home Community Housing Fund Projects
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On April 5, 2022, Welcome Home, Clark County’s Community Housing Fund was created to address the urgent need for housing low-income residents – families, seniors, and those who are employed, but unable to find affordable housing.
In a historic first, the Board on September 6, 2022, approved funding of nearly $120 million to fund 30 housing developments across our community, both in new construction and rehab, to ensure that Clark County residents have safe, modern, and most importantly, affordable options to call home.
These initial Welcome Home funds were the first of its kind by a local government in Nevada and will help build or maintain 3,016 units of rental housing for low-income residents. Due to the growing need for housing, coupled with rising construction costs and interest rates, these Welcome Home CHF funds were provided to projects that needed gap financing to supplement Low-Income Housing Tax Credits and other financing sources.
Future uses of the Welcome Home funds will include homeownership opportunities for residents currently priced out of the housing market, a Community Land Trust, and annual investments in affordable rental housing.
The County is also planning a future funding round for permanent supportive housing projects and is assessing opportunities for affordable housing development on county-owned land.
Through our Social Service Department, Clark County also provides HOME funds to affordable housing developers, and other resources for residents in need of housing and assistance.
To receive information about future CHF funding rounds, or for questions about the CHF, please email: CHF@ClarkCountyNV.gov.