Funding Available To Nonprofit Organizations And Developers

Meghin Delaney | Director of Communications | 702-229-2207

Monday, April 6, 2026 | FOR IMMEDIATE RELEASE

MEDIA CONTACT: Jace Radke | 702-229-2205 | 702-249-3514 | [email protected]

Funding Available To Nonprofit Organizations And Developers

Applications for Private Activity Bond Allocation Available Online Now

The application process opens today for the city of Las Vegas private activity bond program. The public notice of funding, program manual and application with details on eligible applicants and requirements are available for review and download on the city of Las Vegas website,

The city of Las Vegas receives an allocation of tax-exempt private activity bonds from the State of Nevada to support the new construction or rehabilitation of affordable multifamily rental housing.

• Projects must consist of either 20% of rental units targeted for individuals and families at or below 50% of median income or 40% of rental units targeted for individuals and families at or below 60% of median income.
• All projects must be located within the city of Las Vegas.
• The city does not provide applicants with funds or bond proceeds, but it does grant the State Housing Division the authority to issue private activity bonds on behalf of the applicant.
• The applicant must also complete and submit the Nevada Housing Division application.

The deadline for submitting completed applications is 4 p.m. PDT July 2, 2026.

Potential applicants may contact Colleen Duewiger at [email protected] with any questions. If a potential applicant has a disability and needs special accommodation or requires an interpreter, please call 702-229-2330 or TTY 711 at least 48 hours prior to a meeting.

###

Las Vegas City Council

Mayor Shelley Berkley | Mayor Pro Tem Brian Knudsen

Olivia Diaz | Francis Allen-Palenske | Nancy E. Brune | Shondra Summers-Armstrong | Kara Kelley

City Manager Mike Janssen