West Sacramento, Calif. — Charles Schwab Bank this week awarded $20,000 to Rural Community Assistance Corporation (RCAC) to support its work with Nevada’s rural communities.
While much has been reported on the ever-increasing rents in urban areas around the United States, rural residents face the same pressures to pay for housing yet have fewer resources to draw on to overcome these challenges.
While many Californians think that their state could solve the affordable housing crisis by just ramping up construction, others blame a lack of rent control, not enough funding for affordable homes and too strict environmental controls.
The partial federal government shutdown is impacting housing agencies responsible for financing affordable housing, clean drinking water and rural economies, according to the National Rural Housing Coalition (NRHC).
Like the rest of the country, Carson City, Nevada faces a housing affordability crisis. Rental and homeownership costs are simply out of reach for many.