Las Vegas Property Management Blog, the G-Gram

Funds remain in Nevada rental assistance program

Friday, July 31, 2020

RENO, Nev. (News 4 & Fox 11) — The Nevada Housing Division said Monday that significant funds remain available from the state’s rental assistance program funded by the CARES Act that launched last week.

The state said a total of 3,085 applications have been submitted by tenants, including 1,963 in Clark County, 688 to the Reno Housing Authority and 434 to the Nevada Rural Housing Authority.

Nevada Treasurer Zac Conine said the program was expected to distribute $30 million of federal funds to struggling renters. $20 million was earmarked for Clark County renters, with roughly $5 million going to Washoe and another $5 million to rural communities.

According to the Guinn Center, between 272,000 and 327,000 Nevadans could struggle to pay rent by September. The state's eviction moratorium is expiring in the coming months, prompting fears of a wave of residential evictions.

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