City of Sparks, NV

04/24/2024 | Press release | Distributed by Public on 04/24/2024 10:31

City of Sparks Expends 1.5 Million in Rental Assistance

Contact:
Julie Duewel
Community Relations Manager
[email protected]
(775) 353-7894

Sparks, NV - The City of Sparks has expended its entire allotment of 1.5 million dollars in rental assistance funding in fiscal year 2024, helping approximately 300 Sparks residents.

Under AB396, passed during the 82nd Session of the Nevada Legislature, the City received $1,500,000 for Fiscal Year 2023/2024 from the State of Nevada to help qualified Sparks residents with rental assistance.

With these important dollars, the City developed two programs to help Sparks residents with rental assistance. The Eviction Prevention Rental Assistance Program helps protect households facing eviction due to financial hardship or emergencies, and the Senior Short-Term Rental Assistance Program offers seniors 62 years or older up to $500 per month for six months if they were unable to pay rent due to rent increases or financial hardships. Both programs are administered through the Reno Housing Authority.

"The funding received for this fiscal year has all been given out to our residents," Sparks Housing Specialist Amy Jones said. "We were able to help approximately 300 residents with an average payment of about $4,600."

The City is no longer accepting rental assistance applications for the current fiscal year but anticipates receiving an additional 1.5 million dollars from the State for FY 2024/25.
"Should the City receive that funding, we will once again be able to accept rental assistance applications beginning July 1, 2024," Jones said.