Housing and Renting Specifics
Housing is one of the biggest pressures facing working families, seniors, and young people across Southern Nevada. Rent, deposits, home prices, and construction costs are making it harder for families to stay stable, move forward, and build a future.
Deposit Caps
Extremely high upfront move-in costs can block families from renting, even when they can afford the monthly rent. Reasonable deposit caps would help prevent families from being priced out before they even receive the keys.
Installment Payment Options for Deposits
Many renters cannot afford thousands of dollars upfront. Allowing deposits to be paid over time would help working families move into safe housing without being financially crushed at the start.
First-Time Homebuyer Assistance
Working families need help with down payments and closing costs. First-time homebuyer assistance can give families a fair chance to move from renting into ownership and begin building long-term stability.
Zoning Reform
Zoning reform can allow more housing options to be built, including smaller homes, duplexes, townhomes, and affordable rental units. Increasing supply is one way to help reduce pressure on prices.
Faster Permitting
Long delays in permitting increase construction costs, slow down new housing, and make homes more expensive. Faster and more efficient permitting can help get housing built sooner and at lower cost.
Tax Incentives for Affordable Housing
Tax incentives can encourage builders to include lower-cost housing units in new developments. This can help expand the number of homes available to working families, seniors, and first-time buyers.
Restrictions on Large Institutional Ownership
Many families are concerned that large corporations and investment groups are buying large numbers of homes and affecting prices. Stronger rules can help protect neighborhoods and keep housing within reach for local families.