What is Nevada HAND?
Nevada HAND stands as the largest 501(c)(3) non-profit entity in Nevada, committed to creating and managing affordable rental housing. Since its inception in 1993, the organization has developed 37 communities, providing homes for over 8,300 residents. Beyond housing, Nevada HAND integrates supportive services designed to connect residents with essential resources, fostering a higher quality of life and a strong sense of community. Their operational focus is on ensuring that residents have not just shelter, but a true home.
How much funding has Nevada HAND raised?
Nevada HAND has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Nevada HAND?
With the infusion of $350K and the recent strategic investment of $350K, Nevada HAND is well-positioned for continued expansion and enhanced service delivery. The large-scale, late-stage funding context suggests a focus on scaling existing operations, potentially developing new communities, and deepening the impact of their resident services. This capital injection will likely enable Nevada HAND to further its mission of providing stable, affordable housing and fostering community well-being across Southern Nevada, solidifying its leadership in the affordable housing sector.
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