Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Gwynn Center report: Nearly half of Nevada renters are 'excessively cost burdened' as housing supply lags demand
Summary
Researchers presented a statewide study funded with ARPA dollars showing Nevada has one of the smallest shares of affordable rental units for extremely low-income households, slow multifamily production in Clark County and a long list of policy options local and state leaders can pursue.
A state-commissioned study released April 16 found Nevada faces a severe shortage of housing that low- and moderate-income residents can afford, with “nearly half of Nevada’s renters [being] excessively cost burdened,” Jill Tolis, executive director of the Gwynn Center for Policy Priorities, told the Las Vegas City Council.
The nut graf: The Gwynn Center and researchers at UNLV said rising rents and home prices far outpaced income growth over the last decade, leaving many working households unable to find affordable housing. The team offered 17 evidence-based policy options focused on land and infrastructure, zoning, permitting, construction workforce and demand-side tools such as vouchers.
The study, funded with American Rescue Plan Act money and completed during the…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
