Nevada Housing Division Featured on Nevada Means Business

The Nevada Housing Division is proud to highlight Administrator Steve Aichroth's recent appearance on the Nevada Means Business podcast with host Kris Sanchez. During the conversation, Steve discusses Nevada's ongoing efforts to expand housing access and affordability across the state, including initiatives supporting first-time homebuyers, multifamily housing development, workforce housing, and community revitalization projects. The episode also explores major legislative investments aimed at addressing Nevada's housing shortage and creating long-term solutions for residents and families statewide.

Episode Description

In this episode, Dr. Kris Sanchez is joined by Steve Aichroth, the Administrator of the Nevada Housing Division, for a comprehensive discussion on the state's urgent efforts to tackle the affordable housing challenges.

Steve breaks down the two main avenues the division utilizes to help residents: supporting direct homeownership and funding multifamily housing developments. He explains how the "Home Is Possible" program provides critical down payment assistance, allowing renters to transition into homeownership and begin building generational wealth. On the construction side, Steve details the highly complex process of using federal tax credits and tax-exempt bonds to subsidize large apartment projects and keep monthly rents affordable for low-income families.

With Nevada currently facing a shortage of nearly 78,000 attainable housing units, the conversation highlights the massive legislative investments actively working to close that gap. Steve outlines the monumental impact of the Home Means Nevada initiative and the overwhelming bipartisan support for the Governor's Housing Access and Attainability Act (AB 540). This legislation specifically targets development and assistance across the affordability spectrum, including crucial funding for the often-overlooked "missing middle" workforce. The duo also explores the future of homebuilding, discussing how pending federal legislation like the 21st Century Road to Housing Act could revolutionize the use of manufactured and modular housing to rapidly increase the state's housing supply.

Finally, Steve shares a powerful update on Windsor Park, a historic redlined community that was built over a sinking aquifer and left to deteriorate for decades. Thanks to dedicated state-backed efforts and recent legislation, new homes are officially under construction right now to safely relocate the displaced residents.


Learn More About Nevada Means Business

Nevada Means Business is a podcast highlighting the agencies, programs, and people helping shape Nevada's economy, workforce, and communities. Explore additional episodes and learn more about the podcast here:

https://www.business.nv.gov/news-media/nevada-means-business-podcast/

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