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On April 5th 2022, Clark County Commission voted to create a $160 million Community Housing Fund to support affordable housing programs and development in Southern Nevada. The fund, which majority of the money is coming from the American Fescue Plan Act, is targeted for permanent affordable housing for low- to moderate-income households.
The fund will be used for a gap-financing program for affordable housing development projects and a community land trust to support developments with affordable for-sale homes. The County would also create an inventory of county-controlled land that could be used for community housing developments.
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