
A scarcity of affordable housing nationwide has leaders on both ends of the political spectrum eyeing a sell-off of federal lands as a possible solution.
In July, the Bureau of Land Management began soliciting input on the proposed sale of 20 acres of public lands in the southwest Las Vegas Valley to Nevada’s Clark County Department of Social Services for affordable housing development.
If approved, the tract would be offered at below fair market value in accordance with the Southern Nevada Public Land Management Act.
The plan would also require that all units sold go to first-time homebuyers, with 80 percent going to households earning no more than 80 percent of the local median income. The other 20 percent would go to those with household incomes at or below 100 percent of the median income….