06/22/2026
Thanks to strong partnerships and a shared commitment to housing affordability, more Nevada families are finding pathways to homeownership.
We're proud to work alongside the Nevada Housing Division, the Nevada Department of Business and Industry, lenders, developers, and community partners to expand access to affordable housing opportunities across the state.
Through Launchpad, Nevada Rural Housing has helped 105 rural Nevada families achieve homeownership since March 2025, and we're excited to continue building on that impact.
🏡 Together, we're creating more opportunities for Nevadans to call a place home.
🏠 Last week, Nevada Department of Business and Industry Director Dr. Kristopher Sanchez approved the transfer of $221.5 million in Private Activity Bond authority to support affordable housing development, homeownership programs, and down payment assistance initiatives administered through the Nevada Housing Division.
These investments help expand housing opportunities for Nevada families by supporting homeownership programs, down payment assistance initiatives, and the development and preservation of affordable single-family and multifamily housing across Nevada.
📈 The impact of these programs can already be seen in communities across Nevada. Since 2019, more than $1.5 billion in bonding authority has supported State of Nevada Housing Division programs, helping support the development or rehabilitation of more than 6,400 housing units statewide while expanding housing opportunities and homeownership pathways for Nevada families.
🤝 Strong partnerships continue to drive these efforts. Nevada Rural Housing Authority recently transferred an additional $137 million to support the continuation of the Launchpad program in partnership with the Nevada Housing Division. Since March 2025, Launchpad has provided $35.7 million in loans to 105 rural Nevada families pursuing homeownership.
Together, the Department of Business and Industry, the Nevada Housing Division, Nevada Rural Housing Authority, local governments, lenders, developers, and community partners are helping create more pathways to housing attainability and homeownership across Nevada.