The Washoe Housing Authority in Gardnerville will receive $800,000 to increase its housing infrastructure, according to the Federal Home Loan Bank of San Francisco.
The Federal Home Loan Bank of San Francisco announced it added $1.8 million to its Tribal Nations Program that it first launched earlier in the year.
This additional allocation brings the 2024 program total to $2.8 million, directed towards developing essential infrastructure and expanding the supply of affordable housing for Native American communities.
“FHLBank San Francisco is proud to increase the funding for our Tribal Nations Program and support the development of safe and affordable housing units on tribal land,” said Alanna McCargo, president and CEO of FHLBank San Francisco. “As all of America grapples with a severe housing crisis, Native American communities are disproportionately affected. Making these additional funds available through our Tribal Nations Program is a critical step for increasing the supply of affordable housing for Native American communities in Arizona, California and Nevada.”
According to the Department of Housing and Urban Development approximately 15 percent of Native populations live with overcrowding, compared with the national average of 2 percent. Emphasizing the need for more affordable housing, HUD research estimates 68,000 additional units are needed to replace severely inadequate units and eliminate overcrowding on Native American Tribal lands.
