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Impact By State

Nevada

Overview

Like many other parts of the country, Nevada's growth has resulted in significant housing affordability challenges. Combatting housing affordability issues in the state will require holistic solutions that address the needs of all Nevada residents.

Nevada has seen a sharp population increase, with 12.4% growth since 2010.

Nearly 442,000 Nevadans call an apartment home, with demand on the rise.

79% of low-income renters spend more than half of their income on housing.

Between now and 2030, Nevada will need to build 7,773 new apartment homes each year to keep up with demand.

Legal Landscape

Legal Landscape

The state of Nevada follows the Dillon rule and has neither rent control nor preemption. The Dillon rule “creates a framework where local governments can only legislate what the state government has decreed… If local governments wish to exercise authority outside what has been delegated, they may approach the state and make their case.”

And while Nevada does not have specific language implementing or prohibiting rent control, their constitutional structure could allow municipalities the opportunity to implement rent control if they should make the case for it.

Therefore, it is imperative that preemption be introduced and passed to protect citizens from the ramifications of rent control.

Nevada
ESTABLISH PREEMPTION

Rent control is an outdated concept. It benefits the very few—and not necessarily those in greatest need—at the expense of the larger society.

REJECT PRICE CONTROLS

It is important for lawmakers to pursue alternatives such as voucher-based rental assistance for those in greater need to better address housing affordability.

Alternative Approaches

Many states have adopted programs and initiatives to tackle the affordability crisis. In Nevada, policymakers and the housing industry have made concerted efforts to address the problem. Examples include:

Nevada Low-Income Housing Trust Fund

The Account for Low-Income Housing (Trust Fund) is a state-funded program for affordable housing. Funds are allocated by formula to participating jurisdictions (state and local governments) to expand and improve the supply of rental housing through new construction and rehabilitation of multifamily projects.

Clark County Rental Assistance Program

The Clark County Financial Assistance for rental is available for eligible indigent members of the community.

Welfare Set-Aside Program

The Nevada Housing Division allocates 15% of funds received for the Account for Low-Income Housing (Trust Funds) to City/County Social Services for families endangered of becoming homeless or are homeless, and are in need of assistance with utilities, security deposits, rental assistance or mortgage payment assistance.

Resources

Useful information to help inform and guide the development of viable solutions to the housing affordability crisis.

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