Nevada’s Attainable Housing Council has approved $38.16 million for 10 housing projects expected to support 891 homes and rental units across the state. The awards, made through the Nevada Attainable Housing Account, include $12.29 million for land acquisition tied to 285 homes or units, $8.325 million for two multifamily rental developments with 174 apartments, and $17.545 million for six single-family and smaller-scale projects expected to support 432 homes or units. Across the portfolio, officials counted 454 homes for sale and 437 multifamily rental apartments. The council received 23 complete applications requesting a combined $119.79 million for the 2026 development funding round. After reviewing and scoring proposals, it considered project readiness, geographic distribution and the ability to attract other funding before selecting the 10 projects. Approved developments include Volunteer Apartments in Henderson, The Reserve at Sparks, Golden Valley Homeownership in Reno, Kyle Canyon Townhomes in Las Vegas, Pueblo Phase I in West Wendover and E William Street Multifamily Adaptive Reuse in Carson City. The other recipients are Welcome Home Community Land Trust, Rome Commons, Linda Topaz and the Silver Springs Manufactured Homes Project. The projects span Southern and Northern Nevada, rural communities and Carson City. They will use a combination of subordinate loans, grants and rebates to support land purchases, rental housing and homeownership opportunities for households at different income levels. The account was created under the Nevada Housing Access and Attainability Act, or AB 540, passed as part of a housing package in the 2025 legislative session. It is backed by a $133 million General Fund appropriation and is intended to support housing development, homeownership assistance and partnerships with local governments. State officials say the selected projects are expected to attract additional public and private investment. The portfolio’s average leverage ratio is 6.36, which officials describe as roughly $6 in additional funding associated with each dollar from the state account. Gov. Joe Lombardo said the funding is intended to move projects forward and expand access to both rental housing and homeownership. Nevada Housing Division Administrator Steve Aichroth said the projects are designed to address a range of housing needs in communities throughout the state.