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The Need in Northern Nevada

Low-income communities

Rebuilding Together Northern Nevada serves 6 counties, with a mission to expand to 10. Wages have not kept pace with cost-of-living increases. More than 25% of jobs in Nevada are low-wage, with median annual pay below the poverty threshold for a family of four. As of July 1, 2024, the Nevada minimum wage will be $12.00 per hour, estimated to be 3x less than what’s considered a living wage. The Reno-Sparks area, Carson City, and Fernley are experiencing a housing crisis.

Cost-burdened homeowners

Approximately 30% of homeowners in the Reno-Sparks area spend more than 30% of their income on housing costs, which is the threshold for being considered cost-burdened.
(Northern Nevada Real Estate Blog), (Norada Real Estate Investments)

Housing insecurity

Around 10% of homeowners in the Reno-Sparks area spend more than 50% of their income on housing, classifying them as housing insecure.
(Dickson Realty), (NNBW)

These households are particularly vulnerable to poor housing conditions and housing displacement. It is critically important that homeowners with lower incomes be provided with resources to maintain and stay in their homes.

Aging population

Nevada’s senior population is growing, and it has unique housing needs. Seniors interested in aging-in-place may need physical modifications to their homes. As of recent estimates, about 15.8% of the population in Reno-Sparks area is aged 65 and older.
(NeighborhoodScout), (Neilsberg)

Veterans at risk

Approximately 51,503 Nevada veterans live in homes with one or more major problems of quality, crowding, or cost. Affordability is the greatest housing problem among veterans.

Older structures

For most of the RTNNV region, more than half of the homes are older than 35 years. Low- and moderate-income homeowners who live in these older homes that need repairs will certainly benefit from the assistance that RTNNV can provide.