Austin Crest is a 268-unit moderate-income luxury housing complex developed by CSADC and its partners and located in Northwest Reno at 1295 Grand Summit Drive. Austin Crest is a Sec 42/Washoe County HOME Funds funded program, and features exquisite views of the Sierra Nevada Range and the Reno skyline.
This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.