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Planning Commission approves attainable‑housing code changes tied to state law

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Summary

The Planning Commission approved amendments to city zoning rules to align with Assembly Bill 540, changing 'affordable' to 'attainable,' creating new income tiers, and restructuring fee‑reduction incentives; staff said the changes support a $5 million state matching effort.

The City of Las Vegas Planning Commission on X advanced changes to local zoning rules intended to expand incentives for attainable housing and match terminology in Assembly Bill 540 of the 83rd Nevada Legislature. Marco Velotta, planning staff with the Department of Community Development, said the amendments will replace the term “affordable” with “attainable,” add new income tiers and reshape fee‑reduction incentives.

The changes introduce new tiers — 60–80% AMI, 80–120% AMI and 120–150% AMI — and tie permit‑fee reimbursements to minimum percentages of units reserved for those tiers, Velotta said. “This amendment would modify Title 19.17 on our incentives for affordable housing and then change them to the new terminology that was provided for in Assembly Bill 540,” he told the commission.

Mark Balata, also with Community Development, said the city has applied to the state Division of Housing for additional incentive funding and that the city is pursuing outcomes tied to a roughly $5 million matching fund specified in the bill. “That’s something we’re going to continue to explore,” Balata said, describing a strategic housing plan to address both rental and for‑sale product types.

Commissioners asked how state funds would be allocated between rental and for‑sale developments. Balata said the amendment is designed to be flexible and staff will further develop allocation details as part of a broader strategic housing plan with the Division of Housing.

The Planning Commission voted to approve the text amendment and will forward the ordinance to City Council for final consideration. The change is intended to align local incentives with state law and to provide additional permit and impact‑fee reductions for qualifying developments.