By Rachel Smith, executive assistant

House under constructionSeveral new housing development projects are either underway or are being planned in Carson City, Nevada. This comes just as the city’s housing needs are at an all-time high.

A new study by Nevada Rural Housing Authority (NRHA) estimates that Carson City has a population of 54,997, with 21,692 households. The median housing value is $241,921 and median rent in Carson City is $927/month.

While permits for more than 300 units are currently in place to fill the gap in housing, construction won’t move fast enough to meet the demand, and it is worse for affordable housing.

NRHA deputy director Bill Brewer, pointed out that, “construction of residential units will need to continue for the next three years in order for supply to meet current demands.”