Nevada Rural Housing Authority wins national award
CARSON CITY — The Nevada Rural Housing Authority team was presented with the 2013 Pioneer in Housing Award (Large Agency) from Nan McKay & Associates at the 2013 NMA Housing Conference, held in San Diego earlier this month.
According to NMA the judges were greatly impressed by the Nevada Rural Housing Authority’s home financing program to expand homeownership opportunities in the rural parts of the state.
“What they have been able to do in the mortgage assistance area is truly innovative,” according to the judging panel in a news release. Beginning in 2006, NRHA began to issue tax-exempt bonds, used a Mortgage Credit Certificate program, and accumulated unused bond capital from county and local governments to provide down payment and closing cost assistance to thousands of families in their jurisdiction.
Through a number of innovations to their program to ensure longevity even through the recession and financial crisis, NRHA has helped make the dream of homeownership a reality, enhancing the quality of life throughout the state’s rural communities.
“It’s a huge honor to be recognized by our housing industry peers from across the country,” said NRHA Executive Director Gary Longaker. “It reinforces the fact that we’re on the right track to getting more rural Nevadans into homes.”
Other winners were:
• Akron Metropolitan Housing Authority: 2013 Excellence in Housing Award (Large Agency)
• New Albany Housing Authority: 2013 Excellence in Housing Award (Small Agency)
• Houston Housing Authority: 2013 Pioneer in Housing Honorable Mention (Large Agency)
• Woonsocket Housing Authority: 2013 Pioneer in Housing Award (Small Agency)
About the Nevada Rural Housing Authority
The Nevada Rural Housing Authority creates hope for the future by providing a full range of housing and community development programs that help build and sustain independent communities. They provide rental support, an innovative home financing program, needs assessments and economic development to Nevada's fifteen rural counties and the rural portions of Clark and Washoe counties, with a coverage area including 110,000 square miles and more than 1.3 million people. For more information, visit www.nvrural.org.
- Carson City
- 000
- agency
- Business
- carson
- City
- community
- community development
- Community,
- conference
- country
- county
- credit
- Development
- Economic Development
- Executive Director
- families
- financial
- Financing
- help
- home
- Homeownership
- homes
- hope
- Housing
- Industry
- information
- JUDGES
- life
- local
- Mortgage
- Nevada
- Nevada Rural Housing Authority
- new
- news
- NRHA
- panel
- Pioneer
- program
- Program:
- Programs
- Quality
- recession
- Rural
- Rural housing authority
- state
- Support
- Washoe