Affordability
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El Condado Clark aumenta inversión en vivienda asequible
El Condado Clark aprobó más de $30 millones adicionales para apoyar la construcción y operación de viviendas asequibles para residentes de ingresos extremadamente bajos que necesitan servicios y apoyo.
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Sen. Jacky Rosen introduces bill to lower costs for first-time Nevada homebuyers
The First-Time Homebuyer Tax Credit Act would create a point-of-sale tax credit for up to 10% of a home’s purchase price, capped at $15,000. For first-time buyers, this credit would help alleviate the stress of a large upfront down payment necessary for mortgage approval.
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Sens. Jacky Rosen and Catherine Cortez Masto join efforts against Big Oil consolidation
Members of Congress point to the recent consolidation of several Big Oil companies as potential violations of antitrust law, imploring the FTC to consider fallout from previous mergers as warning signs of future harm.
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After a push from Sen. Jacky Rosen, the FTC is suing to block the Kroger-Albertsons merger
“My constituents lack assurances that the proposed deal will not further increase food costs for hardworking Nevadans who are already getting squeezed by rising grocery prices,” Sen. Rosen wrote in a December letter to the FTC.
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NV Energy customers, not shareholders, on the hook for employee bonuses
If Southern Nevadans expect better customer service from NV Energy, they’ll have to pay for it. That’s the message from Public Utilities Commissioner Randy Brown, who led the charge to have ratepayers, rather than shareholders, foot the bill for the utility’s employee bonuses.
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Biden demands grocery stores and food brands end ‘price gouging’ and ‘shrinkflation’
Grocery prices have risen by more than 20% since the beginning of the pandemic and in Nevada, grocery prices rose 4.2% from Nov. 2022 to Nov. 2023. In response, President Biden is demanding grocery chains and food brands lower their prices and stop ripping families off.
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Sen. Rosen urges Senate Majority Leader Schumer to hold vote on tax cut package
Households benefiting from the changes to the child tax credit would see an average tax cut of $680 in the first year, according to estimates from the nonpartisan Tax Policy Center.
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As Nevada housing costs soar, Biden wants to turn empty offices into housing
In Sept. 2020, the median home sale price in Nevada was $344,900. As of Sept. 2023, that figure had risen to $437,400, a nearly 27% increase, according to Redfin. In Las Vegas, the average cost of rent is $1,429 per month, up 30% from the beginning of the pandemic.
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No relief in sight for Nevadans paying high auto insurance rates
The state and insurance industry provided car owners with a lot of explanations, but little hope.
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Nevada joins IRS free ‘Direct File’ pilot program
Nevada joined 12 other states in the IRS’ new direct and free filing pilot program for the 2024 tax season, the IRS announced last week. For states like Nevada that don’t have state income taxes, this means that taxpayers can file their returns for free if they meet the requirements.
