Financial assistance is available for Nevadans at risk of being evicted for nonpayment of rent and more money is likely on the way, officials said during a Wednesday public forum.
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Commissioners voted 4-3 to support the proposed ban, which would grandfather in short-term rentals already permitted by the city. The decision followed more than an hour of public comment, with a majority of speakers opposing the ban.
The idea to redevelop the east side of Maryland Parkway has been budding for at least 20 years.
Cottonwood Lake Homes, a suburban-style subdivision in Searchlight, has street names like Aqua View and Shady Cove, and even some palm trees. But the failed project, a relic of the housing bubble, has far more empty land than developed.
Millions of dollars meant to help distressed Nevada homeowners stay in their homes at the height of the recession were squandered by a Nevada contractor on excessive rent, holiday parties, employee gift cards and other luxuries.