Richards Crossing - New Construction, Carson City
Housing for Homeless and Extremely Low Income, Carson City, NV – Leasing Spring 2017
Richards Crossing involves the construction of a 39-unit affordable housing development for the homeless and extremely low income individuals. Eight units will be reserved for chronically homeless veterans and receive rental assistance from the US Veterans Administration, while the other 31 units will receive Section 8 project-based rental assistance. In addition to providing shelter, the facility will provide on-site services, including job training in an adjacent training center, life skills coaching and related supportive services, as well as referrals to local service organizations to help tenants maintain housing and move towards self-sufficiency.
Richards Crossing is a collaboration with the local Friend In Service Helping organization. Financing of this project includes the use of 2015 Low Income Housing Tax Credits through the Nevada Housing Division with Richman Group Affordable Housing Corp. and American Express; US Department of Housing and Urban Development HOME Program funds through the Nevada Housing Division; Affordable Housing Program funds through the Federal Home Loan Bank of San Francisco and Charles Schwab Bank; Carson City 2016 Community Development Block Grant; and Home Depot Foundation grant funds. We are working with Wells Fargo Community Lending and Investment to provide the construction loan.
Other partners in this project are Praxis Consulting Group, LLC, our development consultant, Steven E. Harriman, Architect on design, and Q&D Construction as our general contractor for construction.