CLARK COUNTY BOARD OF COMMISSIONERS
AGENDA ITEM
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Petitioner: |
Lisa Kremer, Deputy County Manager Dagny Stapleton, Community Housing Administrator |
Recommendation:
title
Approve and authorize the submission of a grant application to the Nevada Attainable Housing Account, requesting $712,539.56 in Local Government Matching Funds for reimbursement of County incentives provided in FY24 for attainable housing development; and authorize the County Manager, or his designee, to execute any required documents and accept any grant funds awarded. (For possible action)
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FISCAL IMPACT:
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Fund #: |
2770 |
Fund Name: |
Community Housing Fund |
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Fund Center: |
1000116400 |
Funded PGM/Grant: |
N/A |
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Amount: |
$712,539.56 |
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Description: |
Application for grant funds from the Nevada Attainable Housing Account |
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Additional Comments: |
N/A |
BACKGROUND:
The Nevada Attainable Housing Account (NAHA) was established by the Nevada Housing Access and Attainability Act (the Act) through Assembly Bill 540 in the 2025 Session. AB540 provided up to $183M in financing for the development of attainable housing. Pursuant to AB540's 2025 and 2026 Allocation Plans, administered by the Nevada Housing Division, $25M has been allocated to local governments ($7,945,524.57 to Clark County specifically), as matching funds for any incentives provided to facilitate the development of attainable housing in their jurisdiction. The County was awarded $7,232,985.01 of these funds following the 2025 NAHA application round; which leaves $712,539.56 available to Clark County from the per jurisdiction allocations. The 2026 funding round is now open and staff is requesting approval to apply for the remaining $712,539.56. The amount allocated to each jurisdiction is based on the State Demographer's 2025 population numbers.
If approved, staff will submit an application to the State in the amount of $712,539.56 and include any requested data or information.