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Housing

Your No. 1 source for Las Vegas housing and real estate news.

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Climb in rent ceiling alarms Las Vegas Valley tenants

The surges in rent are part of a nationwide, three-year-old U.S. Department of Housing and Urban Development policy change introduced to help stretch the federal agency’s budget.

Clark County commission OKs $4 million in federal funds to buy, rehabilitate, resell homes

Clark County commissioners Tuesday funneled $4 million in federal neighborhood stabilization program funding to Housing for Nevada, a nonprofit that aims to purchase, rehabilitate and resell foreclosed or abandoned homes to qualified buyers. In this case, the group plans to target at least 25 homes in the Winchester area, bordered by Eastern Avenue and U.S. Highway 95 between Sahara Avenue and Desert Inn Road.

Federal aid program fails to help many

In Southern Nevada, an area known as ground zero of the nation’s housing crisis, far fewer people than expected have received home loan modifications through a $75 billion stimulus program designed to reduce the impact of fore­closures on communities.

Cities unite to get housing funds

As the foreclosure crisis drags on, four local governments are banding together to pursue $367 million in federal money to rid neighborhoods of empty houses.