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Washoe County Private Activity Bond Volume Cap Allocation Request for Proposals

hhs-admin@washoecounty.gov

Washoe County Private Activity Bond Volume Cap Allocation Request for Proposals

Washoe County seeks to establish a list of qualified applicants for the yearly Private Activity Bond Volume Cap allocation. Unincorporated Washoe County’s Private Activity Bond program helps facilitate tax-exempt bond financing for affordable multi-family and rental housing. Instead of allocating volume cap directly to projects, the County assigns its available cap - an estimated $7,231,580.97 for 2025 - to the Nevada Housing Division, which then issues the bonds.

Developers seeking an allocation must submit a completed application by August 11, 2025. Selected applicants will be invited to a Washoe County Board of County Commissioner’s meeting in August or September for consideration of a Resolution of Allocation, which allocates the County’s volume cap to the Nevada Housing Division on behalf of the project.

Projects which most closely align with the State of Nevada’s Qualified Allocation Plan will receive preference.

Application Questions

Business Address

    Is the Owner/Developer Organization located in Nevada?

    Project Address

      Will the project serve a special population?

      Do you have site control?

      Is there a need for a change to zoning?

      Does the project fall within an unincorporated part of Washoe County?

      Have you ever been or are you currently out of compliance of LIHTC rules?

      Do you have any active HOME loans with the Washoe County HOME consortium?

      Are your payments current?

      Have you engaged local businesses, organizations, councilmembers, or neighbors?

      What is the estimated closing date for financing?

      Date Picker

      Anticipated closing date of all financing

      Date Picker

      Signature

      Choose how to sign

      Please attach the following documents to your application

      Detailed project description

      Resumes of the development team

      Proforma

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