Alan Molasky, chairman and founder of Ovation Development Corp., announced that Ovation and its nonprofit partner, Coordinated Living of Southern Nevada (CLSN), were awarded two grants totaling $21.9 million from Clark County Community Housing Funds (CHF) for the development of two affordable housing projects.
The Nevada Housing Coalition estimates the state has a deficit of more than 105,000 affordable units and is short roughly 84,000 units for extremely low-income renters, or those earning 30 percent or less of the area median income.
Today, Governor Sisolak, joined by federal, state and local partners, officially launched the “Home Means Nevada” housing initiative and opened applications for developers.
State, federal officials join Governor Sisolak to launch "Home Means Nevada" initiative, applications for projects now nv.gov - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nv.gov Daily Mail and Mail on Sunday newspapers.