MPC's EAH initiative yields successful homebuyers in Nevada - Metropolitan Planning Council

Skip to main content

MPC's EAH initiative yields successful homebuyers in Nevada

If you would have told me back in 2000 that MPC's efforts to start an employer-assisted housing program in northeastern Illinois would have led to Nevada - and more than a half dozen other states - investing millions of dollars in EAH programs, I would have said you were dreaming. But today, as I read an article in the Las Vegas Sun about a program MPC helped seed back in 2006, I'm thrilled to report that's exactly what's happened.

Several years back, MPC assisted Las Vegas' gaming union and employers - casinos - in the creation of an EAH program in Las Vegas. We helped them think through the model and testified at state legislative hearings on behalf of the value of state investments in EAH (based on Illinois' successes).

Like metropolitan Chicago, the housing market in Nevada has been hit hard by foreclosures. Recovery efforts are underway; and with the EAH program in place, some 200 families have received housing counseling and down payment assistance to seize the opportunity and take advantage of the low home sale prices. This assistance has leveraged $24.3 million in home sales throughout southern Nevada, according to today's article. It's also helping maintain some demand where there is lots of supply.

Read more - including four great profiles about people who have been helped by Las Vegas' EAH program - in today's Las Vegas Sun. Please contact me if you'd like to learn how to bring EAH to your workplace.

Comments

No comments

More posts by Samantha

All posts by Samantha »

MPC on Twitter

Follow us on Twitter »


Stay in the loop!

MPC's Regionalist newsletter keeps you up to date with our work and our upcoming events.?

Subscribe to Regionalist


Most popular news

Browse by date »

This page can be found online at http://archive.metroplanning.org/news/5757

Metropolitan Planning Council 140 S. Dearborn St.
Suite 1400
Chicago, Ill. 60603
312 922 5616 info@metroplanning.org

Sign up for newsletter and alerts »

Shaping a better, bolder, more equitable future for everyone

For more than 85 years, the Metropolitan Planning Council (MPC) has partnered with communities, businesses, and governments to unleash the greatness of the Chicago region. We believe that every neighborhood has promise, every community should be heard, and every person can thrive. To tackle the toughest urban planning and development challenges, we create collaborations that change perceptions, conversations—and the status quo. Read more about our work »

Donate »