Vintage at Washington Station, an affordable apartment complex for tenants 55 years and older, opened its doors to renters Tuesday morning in downtown Reno.
“Right now, affordable housing is probably the biggest crisis in our country,” Reno Mayor Hillary Schieve said at the grand opening, later adding, “(Seniors especially), many of them are on fixed incomes where literally they are one paycheck away from being homeless.”
The development has 205 units and is restricted to 60% of area median income, meaning renters must make $42,540 or less to qualify. Monthly rent costs roughly $800 to $1100, according to Greenstreet Developments.
“We think the project looks beautiful,” said Greenstreet principal Jim Zaccheo. “We think it’s a great improvement on the area, and we think it will attract many lower income seniors that want a wonderful place to live.”
He added that Greenstreet has seen continual demand for similar senior affordable housing complexes.
“We’ll keep building them as long as we keep filling them up, and hopefully relieve some pressure on that housing shortage we have,” Zaccheo said.
Visit this link to learn more about the income restrictions and affordable units available at Vintage at Washington Station.
