Is Relief in Sight for Las Vegas’s Affordable Housing Crisis?
Rent in Las Vegas has soared since the pandemic began—up 33% since Feb. 2020, double the national average. Nevadans are making hard decisions between rent checks and insulin, childcare, and food. So when Governor Steve Sisolak pledged $500 million to affordable housing programs during his State of the State last month, housing advocates cautiously welcomed the proposal. But where is all that money going, and can it do enough to close the gap? Nevada Currentjournalist Michael Lyle joins us to break down the funding and help us understand the challenges ahead. You can find Michael’s most recent article about rent control here.
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