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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
West Wendover, Nevada, a small city with a population of 4,277 as of 2022, has 145 Low-Income Housing Tax Credit (LIHTC) funded affordable housing units. Of these, 141 are designated as low-income units. The LIHTC-funded affordable housing comprises approximately 8.8% of the city's estimated housing inventory of 1,639 units.
West Wendover has received $832,997 in project tax credits for affordable housing through the LIHTC program. This funding is distributed across approximately four projects, resulting in an average of $208,249 in federal funding per project, or $5,745 per unit. The city's share of Nevada's total LIHTC funding is 0.22%, indicating a relatively small portion of the state's affordable housing resources.
The LIHTC program in West Wendover spans over two decades. The first project, Eastline Apartments, was completed in 1998, while the most recent project, Horizon Apartments, was finished in 2001. The late 1990s and early 2000s were the most active periods for affordable housing development in the city, with one project completed each year from 1998 to 2001.
The LIHTC-funded housing in West Wendover offers a range of unit types to accommodate various household sizes. The 145 total units consist of 22 one-bedroom, 51 two-bedroom, 39 three-bedroom, and 24 four-bedroom units.
West Wendover's population has experienced a slight decline over the past decade, decreasing from 4,419 in 2013 to 4,277 in 2022. The median income has increased from $34,768 in 2013 to $57,073 in 2022, suggesting an overall economic improvement for residents.
The city's racial demographics have shifted. The Hispanic population decreased from 63% in 2017 to 51% in 2022, while the white population increased from 35% to 45% during the same period. Small increases in diversity have occurred, with Asian (2%) and Native American (1%) populations emerging in recent years.
No new LIHTC projects have been developed in West Wendover since 2001. This lack of new development may be attributed to the city's relatively stable population and improving median income, potentially reducing the perceived need for additional affordable housing units.
West Wendover's LIHTC-funded affordable housing stock, developed between 1998 and 2001, provides 145 units that cover 8.8% of the estimated housing inventory. The city received a modest share of Nevada's LIHTC funding, reflecting its small size. While demographic shifts have occurred over the past decade, including population fluctuations and changes in racial composition, no new LIHTC projects have been initiated. The existing affordable housing stock offers a range of unit sizes to accommodate diverse household needs, contributing to the city's housing landscape.