As the new development is celebrated, the budget proposed by Trump threatens the future housing projects in Nevada – Las Vegas Sun News

The Molassky family at the end of last month organized the great inauguration of its 16th community of affordable housing for the elderly, a complex of 195 units near Silverado Ranch with high -class comforts that are generally not provided on the site to people who live with low or fixed income.

However, achieving this took more than one private investment. Each level of government contributed. The new inheritance of Ovation Property Management by Pebble Development used the sale of federal tax credits, took money from the State Housing Fiduciary Fund and used a Clark Counting Program paid by Washington, DC

“Collaboration is key to solving challenging problems such as affordable housing,” said Ovation's founder Alan Molassky. “We could not do it without the critical support of government partners and the agency that share our passion.”

But Nevada and Clark County can soon be forced to act more independently on affordable housing developments.

The budget application of President Donald Trump for fiscal year 2026 would completely restructure the housing affordable programs, cutting them and pushing much of what remains to the states through block subsidies. Experts recognize that the 43% cut in rent assistance programs could have devastating effects, but they are not yet sure of what the proposal for Nevada means.

In the cutting block, the home investment associations program is included, which helped finance the Ovation project. The version of the Assignments Committee of the House of Representatives will have its version of the legislation heard on July 14 before a subcommittee.

Each dollar moved away from federal support is “another senior who will not have a place to put the head at night,” said Nevada Treasurer Zach Conine, a Democrat who runs for the Attorney General, to The Sun in the Grand Inauguration of the community of affordable homes.

Clark County Commissioner Michael Naft said that, although some evil federal employees such as wasteful bureaucrats, there is a lot of work they do to obtain housing projects such as Ovation's Off the Ground.

The lack of federal employees pressed to the land administration office, which needed to transmit land to the County for the development of ovation, extended the project timeline for years, NAFT said.

“People make a difference. And when people are motivated and work hard and efficiently, they can obtain projects like this for cheaper and faster,” Naft said, and added later that “it will be difficult to collect the pieces” if the proposed budget passes, “but Clark's county is ready.”

In Conine conversations with the Federal Bank of Loans for Tributes of San Francisco, also involved in the project, and the developers, said Nevada Maximize their federal dollars for housing is of the utmost importance at this time.

Nevada is short of almost 80,000 households for “extremely” tenants of low revenue low income, according to the National Low Income Housing Coalition.

More than 70% of low -income income in the state are “loaded with costs”, which means that housing costs represent more than 30% of their income, according to the coalition. Almost half of the average income tenants fell into the same category.

Conine said the State was willing to work with any county to bring more homes to people. However, how much they can collaborate with the federal government will depend on their staff and programs being financed, he said.

“We will continue doing everything possible to pull each lever, press each button, call each person, coat each vote to ensure that older people have places to live that are as pleasant as the inheritance for ovation,” said Conine.

The Secretary of Housing and Urban Development, Scott Turner, described the changes in Trump's proposal as “reinvention of how the federal government addresses affordable housing”, highlighting the flexibility it provides to states and localities.

The proposal “promotes our missionary approach in HUD to make an inventory of our programs and processes to address the size and scope of the federal government, which has become too swollen and bureaucratic to function efficiently,” Turner said in a statement.

A piece of ovation property financing that can be promoted by Republicans comes in the form of low -income tax credit. The “Big Big Beautiful Bill”, recently signed, extends an impulse in the assignment of fiscal credits of 9% through the program.

In any case, the director of the Nevada Housing Coalition, Maurice Page, said that the mass cuts in Trump's budget proposal would directly affect working families, older people and people with disabilities that depend on rent assistance.

The systems must now be to continue supporting the locals fighting with the house, but Trump's proposal brings everything “back to the drawing table,” Page said.

“We are going to expect to have these block subsidies and try to create these sources of financing, ultimately, help people and families to survive, but we don't know it,” he said. “That is the unknown and what is afraid of the situation.”

Nicholas Irwin, research director of the Lied Center for Real Estate of UNLV, is not sure of how the new federal budget will affect Nevada, and added that a big problem could increase the inequality in how financing is assigned.

Leaving aside the drastic drop in federal dollars, the block subsidies system has efficiency compensation, Irwin said. The effect of a program could be higher if it is centralized, but there could also be possible savings of direct control.

The subsidies of the block carry “a uniformity in how everything will be applied,” he said. “Not all states may necessarily do things in the same way … but this could lead to less resources to reach appropriate people as states make determinations of what will happen.”

The proposal also includes a potential limit of two years in the adult rental assistance without disabilities under 65, although the notes of the National Low Housing Coalition currently there are currently no more explanations about how it would work.

Although the regional housing authority of South Nevada has been a mother in the proposal, the Los Angeles County Development Authority is already playing the alarm. He pointed out that some populations included in the two -year limit, such as veterans, were still vulnerable.

The reduction of proposed funds could negatively affect the renovations of current coupons for those who depend on government assistance for stable housing, the organization said. At the same time, the Los Angeles County Development Authority said the cuts can suffocate affordable housing projects.

“This is a policy that reinforces inequality,” Page said about the general proposal. “He is rewarding the few at the expense of many. The families of Nevada, at the end of the day, are already struggling to keep up with the costs of the house, and this will add weight to the sunken boat.”