The legislation will fund housing pipelines, services, and a robust evaluation of supportive housing as a more cost-effective model to address homelessness and housing instability.
FOR IMMEDIATE RELEASE
NEW YORK, NY - Nevada Governor Joe Lombardo (R) on Tuesday evening signed legislation CSH has championed that will allocate $32 million to establish the “Supportive Housing Development Fund,” targeting Nevadans experiencing complex barriers to housing. Assembly Bill 310 passed with an overwhelming display of bipartisan support in a near-unanimous vote on June 5th, the final day of the 120-day session. CSH and the Nevada Housing Coalition collaborated with state Assemblywoman Daniele Monroe-Moreno (D), who sponsored the bill, to advocate for the legislation.
The Fund comes from a state appropriation and includes $30 million for a complete supportive housing package to assist people with obtaining housing and staying stably housed, $1.5 million to build long-term capacity for housing developers and service providers, and $700,000 to evaluate and measure the results.
“The legislation codifies supportive housing as a proven model to effectively address homelessness and the complex barriers some people face in maintaining a home in our state,” said Brooke Page, Southwest Director at CSH. “The Governor and state lawmakers demonstrated an extraordinary willingness to find common ground on supportive housing as a viable solution and to allocate the funding that state developers and service providers need to create quality housing and help people find stability and thrive.”
“By establishing the Supportive Housing Development Fund, Nevada now has a framework by which to create the housing type necessary to develop permanent housing solutions in the most cost-effective way. Nevada has developers and nonprofit service providers at-the-ready to build this housing, but for this funding. The Nevada Housing Coalition is grateful for the leadership of Assemblywoman Daniele Monroe-Moreno to spearhead this important legislation as well our collaboration with CSH,” said Christine Hess, Executive Director for the Nevada Housing Coalition.
At CSH, Nevada-based Brooke Page led the charge for the historic legislation with support from regional colleagues and the CSH director of state policy. Advocating for equitable and sensible public policy is a key focus area for CSH, led by its Strategy and External Affairs team and state or regional directors.
“Assemblywoman Monroe-Moreno, the Nevada Housing Coalition, and CSH are confident that the evaluation results will show the cost offset like similar studies have demonstrated, such as the Social Impact Bond initiative in Colorado. It has been incredibly wonderful working with Assemblywoman Monroe-Moreno and her staff to advance this legislation that will improve the lives of Nevadans,” Ms. Page added.
“CSH is deeply grateful to Brooke, Assemblywoman Monroe-Moreno, and the Nevada Housing Coalition for their perseverance and leadership. We see the Nevada supportive housing package as a model that other states can replicate to more effectively address rising homelessness, lack of affordable housing, and chronic underfunding of critical community services,” said Deborah De Santis, President and CEO at CSH.
Media Contact:
Jesse Dean, Director, Strategic Communications
Phone: 347-931-0132
Email: jesse.dean@csh.org
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ABOUT CSH
Corporation for Supportive Housing (CSH) is a national nonprofit intermediary and Community Development Financial institution (CDFI). CSH develops cross-sector partnerships and engages broader systems to fully invest in solutions that advance affordable housing, coordinated services, equity, and economic security for tenants and front-line workers. By aligning affordable housing with services and other sectors, CSH helps communities move away from crisis, optimize their public resources, and ensure opportunities for everyone to thrive. Its funding, expertise, and advocacy have provided more than $1.5 billion in direct loans and grants that have developed nearly 400,000 affordable supportive housing units nationwide. For more information, please visit www.csh.org or follow us on Twitter, Facebook, and LinkedIn.
