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Horsford, HUD Sec. Fudge slam corporate investors for skyrocketing rents – Nevada Current

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Horsford, HUD Sec. Fudge slam corporate investors for skyrocketing rents – Nevada Current


Democratic U.S. Rep. Steven Horsford desires to crack down on company buyers that purchase up already restricted housing inventory, which he mentioned has pushed up rents and squeezed out potential owners.  

Horsford joined U.S. Housing and City Growth Secretary Marcia Fudge on Monday to tour inexpensive housing complexes in Southern Nevada and communicate on federal initiatives getting used to fight the housing disaster.  

The congressman touted investments made doable by the American Rescue Plan Act, federal aid {dollars} that some states, together with Nevada, have directed towards inexpensive housing tasks.

And Horsford mentioned a few of the rising value of housing is the results of company buyers. “I’ve no drawback with some degree of changes which are affordable and truthful,” Horsford mentioned. “I’ve a giant drawback with company buyers which are gouging customers and my constituents within the identify of revenue at a time after we are attempting to get better.”

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Horsford didn’t provide specifics on how one can rein in buyers however mentioned he was “ a variety of initiatives, together with the administration, to determine what we might do to not proceed to permit these company buyers who haven’t any stake on this neighborhood.”

The Culinary Union, which in Could introduced a poll initiative to cap year-to-year lease will increase at 5% in North Las Vegas, has additionally pointed to massive, out-of-state, firms driving up housing prices.   

Throughout the launch of its “Neighborhood Stability” initiative, the union famous that the highest 10 residence homeowners in Nevada personal 26.4% of complete accessible items, the biggest being Westland Actual Property Group, an organization based mostly in Lengthy Seashore, California.  

Horsford, whose congressional district contains North Las Vegas, mentioned company buyers “don’t care about our neighborhood.”

“They’re not fearful about who’s going to be residing in that house subsequent to us,” he mentioned. “They don’t seem to be even actually fearful whether or not or not the unit goes to go on the (rental) market, as a result of a few of them are holding it and never making it accessible to renters or owners” in anticipation of promoting the property.

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Fudge’s go to comes as Nevada, together with the remainder of the nation, contends with a deficit of inexpensive housing items. 

The Nationwide Low Earnings Housing Coalition mentioned no state has an enough provide of inexpensive housing for the bottom earnings renters. 

In response to the group, Nevada lacks greater than 97,000 properties for very low earnings renters. 

The state has a deficit of 101,487 properties for individuals who make at or under 50% of space median earnings.

Moreover, rents in Southern Nevada have elevated round 30% in lower than two years. 

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“If we don’t do one thing in regards to the scenario we discover ourselves in at present with the rising prices not simply of homeownership however lease, we’re going to create an issue like I noticed in (Los Angeles) and San Francisco,” Fudge mentioned. “The general public sleeping on our streets at present are younger dad and mom with kids and senior residents. We’re judged by how we deal with our very younger and really outdated.”

Horsford mentioned the primary grievance his workplace receives is from individuals who can’t afford their rising lease.

In an interview, Fudge famous there have already been federal investments in addressing the housing disaster and serving to folks pay their lease. 

“They handed the American Rescue Plan, they handed the CARES Act, they handed the Covid package deal. These assets are right here for use now,” she mentioned. “Proper now the American Rescue Plan is placing $350 billion to state and native governments.”

Fudge added the federal payments don’t embody ongoing grants HUD administers similar to neighborhood growth block grants, that are federal funds that may assist cities develop inexpensive housing or reply to homelessness.

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ARPA, the aid invoice signed into regulation by Pres. Joe Biden in March 2021, has been utilized by states and native governments to deal with the housing scarcity. The invoice was opposed by each congressional Republican, together with U.S. Rep. Mark Amodei.

The White Home, which launched a housing plan in Could, has urged states and tribal governments to dedicate ARPA funds to housing tasks.

“To this point, almost 570 jurisdictions have dedicated over $11.7 billion to housing-related actions, with $3.2 billion dedicated to manufacturing and preservation,” based on the White Home.

Nevada, which acquired round $6.7 billion in ARPA funding for state and native governments, is allocating $500 million for the creation and preservation of inexpensive housing in addition to home-owner help and land acquisition.

The state remains to be reviewing functions from builders and nonprofits who might create housing tasks. 

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Fudge mentioned it’s going to take a while to “construct all of the housing we want on this nation,” however urged communities to place plans in place as shortly as doable to spend the cash that’s already accessible. 

“It’s a must to begin by ensuring you’re prepared when the developer is prepared,” Fudge mentioned. “So that you’ve checked out your zoning, you’ve checked out how individuals are going to reply to what you’re constructing, you’ve already acquired the land acquired or already secured the land. Housing takes time. Should you do all of the preparatory work and the assets are right here, you’ll be able to hit the bottom operating.” 



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Nevada

Baby's Bounty announce dates for January diaper banks across Nevada

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Baby's Bounty announce dates for January diaper banks across Nevada


(KTNV) — Baby’s Bounty is once again hosting multiple diaper banks statewide for families in need of these supplies for their children.

Families will be able to receive a week’s worth of diapers and wipes for up to three children.

You must provide a photo ID and proof of parental paperwork (birth certificate, Medicaid card, crib card, social security card, foster or adoption paperwork) to utilize these services.

Henderson:
📍Location: Morell Park – 500 Harris St, Henderson
🗓️ Date: Wednesday, Jan. 8
⏰ Time: 9 a.m. – 11 a.m.
🚙 Drive-thru bank
Registration is required and can be found here.

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Las Vegas:
📍Location: Baby’s Bounty Center for Families – 4495 W Reno Ave, Las Vegas
🗓️ Date: Wednesday, Jan. 22
⏰ Time: 9 a.m. – 11 a.m.
🚙 Drive-thru bank
Registration is required and can be found here.

📍Location: Las Vegas Indian Center – 2300 W Bonanza Rd, Las Vegas
🗓️ Date: Thursday, Jan. 30
⏰ Time: 9 a.m. – 11 a.m.
🚚 Mobile bank


North Las Vegas:
📍Location: Martin Luther King Jr. Senior Center – 2420 N MLK Blvd, North Las Vegas
🗓️ Date: Wednesday, Jan. 15
⏰ Time: 9 a.m. – 11 a.m.
🚙 Drive-thru bank
Registration is required and can be found here.


Reno/Sparks:
📍Location: Baby’s Bounty Northern Nevada – 1410 Greg St, #409, Sparks
🗓️ Date: Wednesday, Jan. 29
⏰ Time: 9 a.m. – 12 p.m.
🚙 Drive-thru bank
Registration is required and can be found here.


Mesquite:
📍Location: Salvation Army Mesquite – 742 W Pioneer Blvd, Mesquite
🗓️ Date: Friday, Jan. 31
⏰ Time: 10 a.m. – 12 p.m.
🚚 Mobile bank

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True dual threat Braylon Wilson is hidden 2026 Nevada gem

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True dual threat Braylon Wilson is hidden 2026 Nevada gem


Playing quarterback can be as simple as zipping the pigskin around the yard, being the guy who can move the chains on the ground when needed, or a leader who can do a little bit of both with the run and the pass. At Reno High School, Braylon Wilson (6-2, 195) excels in all facets of the game displaying a smooth throwing motion, a rocket arm, has the wheels and will truck DBs, and is willing to be that guy putting his team on his back leading them to victory.

The Class of 2026 talent was acknowledged for his play on the field and in the classroom being an All-State Academic selection after throwing for 2,268 yards with 21 touchdowns and rushing for 677 yards with eight more scores in 10 games played after two regular season games were cancelled.

“We run an Air Raid offense,” Wilson stated. “Carson Strong is our offensive coordinator; he previously played at Nevada. He brought a lot of what he ran at Nevada to our offense. He was airing it out there and throwing a lot in each game. At the start of the season we were throwing a lot, over 30 times a game a couple of times. Towards the end of the season, we became more balanced run to pass.”

Wilson continued, “The main routes were over the middle-crossers, dagger routes, posts, a lot of drags, we were big on the crossers because we had a lot of speed at receiver, some outs, and goes; those were our main routes.”

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Asked what sets him apart from other quarterbacks in his class, Wilson replied, “I think the biggest thing is the confidence I have in my abilities and my athleticism. I know I can make any play. Will I make all of them, no, but I trust myself that I can make any play. The mindset helps sets me apart.”

In between basketball games and practices, Wilson continues to fine-tune his craft.

“I work with Carson at least once a week and I am working with Cody Fijardo; those are the two main ones I work with,” Wilson shared. “I throw with my receivers during the week. The biggest thing I am cleaning up for next season is my footwork, my reads, and my decision making; I am trying to not do too much. Last year, sometimes, I tried to do it all myself, which can lead to negative plays. I have to keep the explosive and positive plays and limit the negative ones.”

Colorado State, Nevada, Hawaii, Sacramento State, Colorado School of Mines, New Mexico Highland, and Columbia are among the teams recruiting Wilson.

The Rams welcomed Wilson to campus this fall.

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“It went well,” Wilson said. “I talked to their coaches, and I saw the program. I camped there last summer, that wasn’t my first time there, but it was great to see everything. I talked to coach Chad Savage, he’s their recruiting coordinator and receivers coach; it was really cool.

“All of Carson’s coaches moved to Colorado State; they run a similar offense to us. It was really cool to watch them run the same concepts. They got a big win over San Jose State. It was cool to see them doing something similar to my team and being successful.”

The Wolf Pack got the backyard talent in for a game as well.

“It was cool to get a closer look at Nevada,” Wilson stated. “Growing up, I have gone to a lot of Nevada games; on the visit I got to see the culture, their facilities, and I was learning about the coaching staff. It has been a struggle there for about 10 years, they are trying to change that; it was cool to see.”

Fans and college scouts will get to see more of Wilson’s live arm and talents this offseason on the 7-on-7 circuit with TMP (Sacramento, CA).

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Real-money 5-card draw poker app launches in Nevada, more gaming news

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Real-money 5-card draw poker app launches in Nevada, more gaming news


JETT/Terrible’s Gaming announced the launch of Terrible’s Mobile Gaming, a new real-money five-card draw poker app available in Nevada, according to a press release.

The multi-player game includes features such as Royal Flush bonuses of up to $4,500 and four-of-a-kind payouts up to $175. To celebrate the app’s launch, Terrible’s Mobile Gaming is offering a deposit match of up to $500 each week.

Terrible’s Mobile Gaming is available for download on iOS and Android devices.

“JETT/Terrible’s Gaming and the Terrible’s brand in general have been making life more convenient for Nevadans for over 65 years,” said Tim Herbst, president of JETT Gaming & Terrible Herbst Inc. in a statement. “Now, we are excited to bring that same level of convenience to mobile gaming—delivering the excitement of Multi-Player 5 Card Draw Poker directly to our customers, wherever they are, and within the palm of their hand.”

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The app is available in collaboration with Real Gaming, the igaming platform co-founded by South Point casino-hotel owner Michael Gaughan and tech entrepreneur Lawrence Vaughan.

“Nevada players know that both the JETT Gaming and Terrible’s Gaming brands mean convenience, and that’s exactly what we’ve delivered,” Vaughan said in the news release.

Culinary Local 226 ratifies Fontainebleau Las Vegas labor contract

Members of Culinary Union Local 226 recently voted to ratify a labor contract with Fontainebleau Las Vegas. According to the union, 99.6 percent voted in favor of the labor deal.

The new contract covers nearly 3,300 non-gaming employees at the Fontainebleau casino-hotel, located at the north end of the Las Vegas Strip. It is the first labor contract with the new resort, which opened in December 2023.

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According to previous reports, the Culinary workers’ contract is for slightly less than five years, timed to match the span of the citywide contracts agreed to at the end of 2023 and the beginning of 2024 with other Strip operators.

The deal with Fontainebleau comes as Culinary Local 226 workers at the off-Strip Virgin casino-hotel have been striking for more than seven weeks. The union rejected the casino-hotel’s invitation to arbitration in late December.

Sports wagering

Two U.S. states that haven’t legalized sports wagering are making efforts to win approval in 2025.

Oklahoma state Sen. Dave Rader has introduced legislation in the Sooner state to modify the state’s compact with tribal casinos there to allow betting on sports. The bill’s first reading is scheduled Feb. 3.

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Under Rader’s proposal, tribes would be required to pay the state 5 percent of the first $5 million in gross gaming revenue, 6 percent of the next $5 million and 7 percent for any revenue over $10 million as a fee.

A bill introduced in Oklahoma last year never made it out of committee.

In Minnesota, state Sen. Matt Klein said he will reintroduce a bill that failed to win approval last year early in that state’s legislative session. The session opens Jan. 14 in St. Paul.

Bill opponents have blocked passage because of fears of gambling addiction and family bankruptcies. Klein said his legislation has protections that would make it the safest sports-betting law in the country.

Washington D.C. and 38 U.S. states have legalized sports wagering and Missouri is establishing rules and regulations to begin this year.

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Raising the age limit

New Hampshire lawmakers will consider raising the minimum age to place a sports bet from 18 to 21 under a bill that is expected to be reviewed Wednesday by the state’s House Ways and Means Committee.

New Hampshire is one of seven states and Washington D.C. that set the minimum gambling age at 18 and most neighboring states — Massachusetts, Connecticut, Vermont, Maine, and New York — have 21 as their minimum age.

If signed into law, the bill would likely take effect in mid-2026. Lawmakers will take into consideration the possible loss of $640,000 a year in gaming revenue with the age increase.

DraftKings is the only online sports-betting option in the state.

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Macao

Gross gaming revenue in Macao totaled $28.3 billion (U.S.) in 2024, a 23.9 percent increase over 2023, the special administrative region’s Gaming Inspection and Coordination Bureau reported last week.

December revenue of $2.3 billion was off 2 percent from a year ago and was the first month in 2024 to have less monthly revenue than in the previous year.

October was the strongest month of the year with revenue of $2.6 billion.

By comparison, Nevada’s October gaming revenue total was $1.286 billion.

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