Since 1988, each city and county in Nevada has received an allocation of Private Activity Bonds (the ability to issue tax exempt debt for a public purpose) from the State based on its population. These are small allocations that most cities and counties don’t have a use for and they end up reverting back to the State. In 2006, NHRA implemented a Transfer Matching Funds program to give counties a way to put these funds to work effectively.

Posted July 19, 2010 Read More

Homeownership. It’s the American dream. It’s a symbol of success. It’s…a really big step and a really big commitment!

There are many wonderful advantages to owning a home. It’s true you have control over pounding as many nails as you want into the walls and you can welcome a new pet into your life. As a homeowner you start building personal wealth and there are tax benefits, too. Does it sound like a no-brainer to move up from being a renter to a homebuyer? Not always!

Posted April 12, 2010 Read More

Did you make a New Year’s resolution for 2010? We did. Nevada Rural Housing Authority (NRHA) resolved to help more Nevadans buy a home of their own! We’ve done this before. Since 2006, we’ve helped over 500 Nevada families purchase their first homes and we’re launching a new program that could help even more.

Posted January 7, 2010 Read More