April 8, 2020
Photo: Getty Images
In Nevada, 1,080 notices of default were filed between July 1, 2020 through June 30, 2021, according to Home Means Nevada, a decrease from fiscal year 2020, when 2,756 notices of default were filed.
The Nevada State Apartment Association, meanwhile, said Thursday that the slow rollout of rental assistance has left many landlords with “insurmountable” debt and that the extension of the moratorium jeopardizes the ability of property owners to provide safe, affordable housing.
“It's a frustrating situation where you've got tenants that need the resources, landlords that need the rent paid, and the money to pay it with, and you can’t put all three of them together."
Groups representing landlords argue the legislations that it could reduce the state’s already strained supply of affordable rental housing and exacerbate pain for “mom and pop” landlords who they say are feeling “hammered” during ongoing eviction moratoriums.
Nevada Attorney General Aaron D. Ford said $2 million will be transferred to United Way of Southern Nevada and United Way of Northern Nevada and the Sierra.
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