Housing

dismantle it now

Trump administration allowing growth of home “chattel loans,” senators warn

BY: - May 9, 2019

Sen. Catherine Cortez Masto and several other Democratic senators are urging the Consumer Financial Protection Bureau to improve transparency on how manufactured homes get their financing. Cortez Masto along with Senators Kamala Harris, Elizabeth Warren, Jeff Merkley, Patty Murray, Tina Smith, Chris Van Hollen, Richard Blumenthal and Ron Wyden outlined their concerns in a letter […]

we've let housing economics get so weird

Realtors slam bill to protect renters as “a slap in the face”

BY: - May 7, 2019

Nearly 44 percent of Nevadans are renters. But legislation designed to beef up renters’ rights is facing stiff opposition not only from Republicans and landlords, but from some Democrats and low-income housing officials, too, who contend the measure threatens to reduce an already insufficient supply of affordable housing.   Real estate and property management executives […]

dogs

And now here is a picture of legislators and dogs

BY: - May 3, 2019

Whether the Nevada Legislature is going to the dogs is a matter of opinion. But Friday at least some dogs went to the Legislature. Nevada lawmakers in 1989 established something called the Account for Low-Income Housing, which is a trust fund to help finance “the acquisition, construction or rehabilitation of housing for eligible families by […]

dismantle it now

Cortez Masto pens letter to CFPB director, blasts latest assault on ageny’s mission

BY: - April 30, 2019

Nevada Sen. Catherine Cortez Masto, Ohio Sen. Sherrod Brown and several of their Democratic colleagues are demanding that trends and disparities in mortgage credit data remain public. The Consumer Finance Protection Bureau recently decided to remove such data from its website. In a letter to CFPB Director Kathy Kraninger, the senators demand that she reverse […]

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Guinn appeals bankruptcy judge’s ruling

BY: - April 18, 2019

Jeff Guinn, the son of former Nevada Governor Kenny Guinn, is appealing a federal bankruptcy judge’s ruling that he “fraudulently concealed information” from investors on four loans at issue in litigation spanning a decade.   Guinn operated his hard money lending company “loosely” according to Judge Gary Spraker, who issued his ruling two and a […]

building

Segerblom chides landlords to maintain properties

BY: - April 15, 2019

On Monday Commissioner Tick Segerblom called on landlords who fail to provide basic maintenance and upkeep of their buildings to bring their properties up to code or face the prospect of inspections, fines and citations. “We are here today to tell property owners and landlords throughout the County that our residents deserve safe homes and […]

legislature building homeless vigil

Carson City guts LV’s request to fund homeless services, affordable housing

BY: - April 15, 2019

Homeless and affordable housing advocates were blindsided last week after proposed legislation to use taxes and fees to fund homeless services and affordable housing was neutered. Assembly Bill 73, as originally backed by the City of Las Vegas, would have authorized the city to use a sewer surcharge fee and a real property transfer tax […]

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Judge: Son of former NV governor “fraudulently concealed information” from lenders

BY: - April 9, 2019

Hard money lender Jeff Guinn, the son of former Nevada Governor Kenny Guinn, “fraudulently concealed information” when he valued four loans brokered by his former company, Aspen Financial,  but did not engage in “overarching fraud” on more than 20 loans at issue in a lawsuit filed against Guinn. Two and a half years after the […]

summerlin

Affordable housing bill clarifies local government’s role in crisis

BY: - April 2, 2019

It’s the classic case of he said, she said. On one side: legal counsel for the State of Nevada, whose position is that existing law allows cities and counties to pass affordable housing policies such as inclusionary zoning and rent control without approval from the state. On the other side: legal counsel for various cities […]

drat

Nevada worst in nation at affordable housing, advocacy group says

BY: - March 20, 2019

No state in the nation has an adequate supply of affordable housing, and Nevada is the worst. Nationally, for every 100 “extremely low-income” renter households, there are only 37 affordable and available rental homes. In Nevada, there are only 19 homes per 100 extremely low-income renters, the lowest number in the country, according to a […]

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Graduating while homeless: Nevada rethinks outdated policies

BY: - March 4, 2019

Sarah Robbins moved 25 times while she was a student in the Nye County School District. She was young when she came to the understanding she would always be homeless or, at the very least, always at-risk of becoming homeless, while in school. “I would be living in cars without heat in the dead of […]

2020

Castro campaigns in Nevada, vows to make housing a top priority

BY: - March 1, 2019

Campaigning in Southern Nevada Thursday, Julián Castro — the former Secretary of Housing and Urban Development under Barack Obama — vowed to make housing policy a focus of his bid for the 2020 Democratic presidential nomination. Castro is considered an underdog in the 2020 election, especially compared to candidates Elizabeth Warren, Bernie Sanders, Cory Booker, […]