Nevada
New grants seek to help Nevada homebuyers with down payments amid uncertain housing market
LAS VEGAS (KTNV) — Many prospective homebuyers feel like they’ve been priced out of Southern Nevada’s real estate market, with prices continuing to escalate–the median home price in Las Vegas is currently almost half a million dollars.
Owning a home is still a part of the American Dream, though, and a new investment in Nevada is hoping to make it easier for people to purchase a house.
The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) recently announced a $10 million investment into Nevada’s affordable housing system, which will provide up to $50,000 grants to help homebuyers–especially first-time homebuyers–with their down payments.
WATCH: Channel 13’s Guy Tannenbaum talks to mortgage brokers and realtors about grants for homebuyers
New grants seek to help Nevada homebuyers with down payments amid uncertain housing market
In a statement released Monday, Nevada Governor Joe Lombardo said: “Attainable homeownership for all Nevadans is one of my highest priorities and we can’t do this alone. The partnership and commitment of FHLBank San Francisco through this investment will give stability to many of Nevada’s essential workers.”
“When I got the call about [the grants], I was excited,” said Maya Diaz. “Based on how the market is, it just helps with people maybe being able to qualify for more.”
Jeff Newbury is Senior Vice President of Mortgage Lending at Greater Nevada Mortgage, one of the lenders distributing the grants. He calls any home buying assistance transformational, especially amid so much market uneasiness.
“For a middle-income family, that is a massive, massive boost, because housing can positively contribute into so many other areas,” Newbury said. “When people put roots down, they tend to build strong communities. I think that’s what you see with this program, first-time homebuyers and working families getting into this opportunity, and building roots in our communities.”
So, how do you qualify? You have to make between 80.01% and 140% of the median income in your area.
According to the U.S. Department of Housing and Urban Development (HUD), the median family income in Clark County is $87,800. That means if your family makes between just over $70,200 and $122,290 per year, you can qualify for these grants.
And, because they’re grants, that means buyers don’t have to pay them back, which real estate agents and mortgage brokers can be a huge benefit for people on the market.
However, local mortgage broker Reynaldo Herrera thinks the tight requirements for these new grants might get people’s hopes up who don’t qualify, especially in a climate where buyers are looking for any help they can get.
“This is just my opinion, to me, it’s as equivalent as going to a casino and trying to win a jackpot,” Herrera said. “A very limited number of people are going to access that capital, but for those limited people, it’s going to be huge.”
Diaz, the local Realtor, is more optimistic though, and says even if you’re not sure if you qualify for these grants, it doesn’t hurt to ask your real estate agent or your mortgage broker.
“I think it is going to help a lot of people,” Diaz said. “I’ve already reached out to three of my clients who’ve been waiting, as soon as I mentioned the grant, they were like, wait a minute I think my sister wants to buy and they were saying a bunch of people might want to buy.”
For more information on the new grants, click here to read the full press release from Nevada Governor Joe Lombardo’s office.
Nevada
‘Winnemucca Day’ helps fuel Backus, Wolf Pack to 58-40 win over Utah State
RENO, Nev. (Nevada Athletics) – Nevada Women’s Basketball returned to Lawlor for the first game of 2026, hosting Utah State.
The Pack picked up its first conference win of the season with the 58-40 victory over the Aggies.
Freshmen showed out for the Pack (5-9, 1-3 MW) with Skylar Durley nearly recording a double-double, dropping 12 points and grabbing nine rebounds. Britain Backus had five points to go along with two rebounds and a season high four steals.
Junior Izzy Sullivan also had an impactful game with 17 points, going 6-for-11 from the paint and grabbing five boards. She also knocked down Nevada’s only two makes from beyond the arc, putting her within one for 100 career threes.
The Pack opened up scoring the first four points, setting the tone for the game. It was a close battle through the first 10 as Utah State (6-7, 2-2 MW) closed the gap to one.
However, Nevada never let them in front for the entire 40 minutes.
Nevada turned up the pressure in the second quarter, holding Utah State to a shooting drought for over four minutes. Meanwhile, a 5-0 scoring run pushed the Pack to a 10-point lead.
For the entire first 20, Nevada held Utah State to just 26.7 percent from the floor and only nine percent from the arc, going only 1-for-11.
For the Pack offense, it shot 48 percent from the paint. Nevada fell into a slump coming out of the break, only scoring eight points.
It was the only quarter where the Pack was outscored.
The fourth quarter saw the Pack get back into rhythm with a 6-0 run and forcing the Aggies into another long scoring drought of just under four and a half minutes.
Durley had a layup and jumper to help with securing the win.
Nevada will remain at home to face Wyoming on Wednesday at 6:30 p.m.
Copyright 2026 KOLO. All rights reserved.
Nevada
EDITORIAL: Nevada’s House Democrats oppose permitting reform
Politicians of both parties have promised to fix the nation’s broken permitting system. But those promises have not been kept, and the status quo prevails: longer timelines, higher costs and a regulatory maze that makes it nearly impossible to build major projects on schedule.
Last week, the House finally cut through the fog by passing the Standardizing Permitting and Expediting Economic Development Act. As Jeff Luse reported for Reason, the legislation is the clearest chance in years to overhaul a system that has spun out of control.
Notably, virtually every House Democrat — including Reps. Dina Titus, Susie Lee and Steven Horsford from Nevada — opted for the current regulatory morass.
The proposal addressed problems with the National Environmental Policy Act, which passed in the 1970s to promote transparency, but has grown into an anchor that drags down public and private investment. Mr. Luse notes that even after Congress streamlined the act in 2021, the average environmental impact statement takes 2.4 years to complete. That number speaks for itself and does not reflect the many reviews that stretch far beyond that already unreasonable timeline.
The SPEED Act tackles these failures head on. It would codify recent Supreme Court guidance, expand the projects that do not require exhaustive review and set real expectations for federal agencies that too often slow-walk approvals. Most important, it puts long-overdue limits on litigation. Mr. Luse highlights the absurdity of the current six-year window for filing a lawsuit under the Environmental Policy Act. Between 2013 and 2022, these lawsuits delayed projects an average of 4.2 years.
While opponents insist the bill would silence communities, Mr. Luse notes that NEPA already includes multiple public hearings and comment periods. Also, the vast majority of lawsuits are not filed by members of the people who live near the projects. According to the Breakthrough Institute, 72 percent of NEPA lawsuits over the past decade came from national nonprofits. Only 16 percent were filed by local communities. The SPEED Act does not shut out the public. It reins in well-funded groups that can afford to stall projects indefinitely.
Some Democrats claim the bill panders to fossil fuel companies, while some Republicans fear it will accelerate renewable projects. As Mr. Luse explains, NEPA bottlenecks have held back wind, solar and transmission lines as often as they have slowed oil and gas. That is why the original SPEED Act won support from green energy groups and traditional energy producers.
Permitting reform is overdue, and lawmakers claim to understand that endless red tape hurts economic growth and environmental progress alike. The SPEED Act is the strongest permitting reform proposal in years. The Senate should approve it.
Nevada
McKenna Ross’ top Nevada politics stories of 2025
The Silver State was plenty purple in 2025.
Nevada has long had a reputation for its libertarian tilt. Nowadays, partisanship leads many political stories. In top state government and politics stories of the year, some political lines were blurred when politicians bucked their party’s go-to stances to make headlines, while other party stances stayed entrenched.
Here are a handful of the biggest stories out of Nevada government and politics in 2025.
Film tax credit saga returns for parts 2 and 3
A large-scale effort to bring a film studio to Southern Nevada was revived — and died twice — in 2025. Sony Pictures Entertainment and Warner Bros. Discovery, who were previously leading opposing efforts to build multi-acre studio lots with tax breaks, joined forces in February to back one bill in front of the Nevada Legislature. They were joined by developer Howard Hughes Corp. in a lobbying push throughout the four-month session, then once again during a seven-day special legislative session in mid-November.
The renewed legislation drew plenty of praise from union and business leaders and created an unlikely coalition of fiscal conservatives and progressives on the left against it. Proponents said the proposal would help create a new industry for Nevada, creating thousands of construction and entertainment industry-related jobs. Opponents criticized the billion-dollar effect it would have on the state’s general fund as a “Hollywood handout.”
In the end, the opposition won out. It passed the Assembly 22-20 in the last week of the regular session and received the same vote count during the special session — though six members switched their votes.
The state Senate voted on the proposed Summerlin Studios project only during the special session, where it failed because 11 senators voted against it or were absent for the Nov. 19 vote. Several lawmakers called out the intense political pressure to pass the bill, despite their concerns of how the subsidies would have affected state coffers.
Democrats fight to strengthen mail-in voting
The movement to enshrine mail-in voting in Nevada also stretched through both 2025 legislative sessions, as well as a federal Supreme Court case.
Democratic lawmakers sought to establish state laws around voting by mail, including about the placement of ballot boxes between early voting and Election Day and the timeline in which clerks had to count mailed ballots received after polls closed.
Assembly Speaker Steve Yeager, D-Las Vegas, proposed a compromise with Republican Gov. Joe Lombardo through a bill expanding ballot drop box access in the run-up to Election Day and implementing voter ID requirements, but Lombardo vetoed the bill.
Democrats found a way during the special session, however. In the final hour before the session’s end on Nov. 19, Senate Democrats introduced and considered a resolution to propose enshrining mail-in voting in the Nevada Constitution via a voter amendment. The resolution must past the next consecutive session before it can go on the 2028 general election ballot.
This all comes as the U.S. Supreme Court weighs a case that could affect Nevada’s existing law that allows ballots postmarked on Election Day to be counted as late as 5 p.m. four days after Election Day.
Cyberattack on Nevada cripples the state for weeks
Nevada state government was crippled for four weeks in the late summer and fall when a ransomware attack was discovered in state systems in August.
Many state services were moved off-line to sequester the IT threats, leading to 28 days of outages after the Aug. 24 discovery of the ransomware attack. Those included worker’s compensation claims, DMV services, online applications for social services and a background check system.
According to the after-action report, a malicious actor entered the state’s computer system as early as May 14. The threat actor had accessed “multiple critical servers” by the end of August. State officials emphasized that core financial systems and Department of Motor Vehicle data were not breached by the hackers.
The state did not pay a ransom, according to officials. Instead, it worked with external cybersecurity vendors to deal with incident response and recovered about 90 percent of affected data. That costed about $1.5 million for those contracts and overtime pay.
Budget woes leave state in status quo limbo
Financial uncertainty clouded Nevada state government throughout the year as the impact of federal purse-shrinking, uncertainty around the effect of Trump administration tariffs and the reduced tax revenue from a tourism slump persisted throughout 2025.
Nevada lawmakers passing the state’s two-year budget cycle were put in a tight spot when economic forecasts projecting state revenue were downgraded during the legislative session and ultimately passed a state budget that avoided funding multiple new programs.
Contact McKenna Ross at mross@reviewjournal.com. Follow @mckenna_ross_ on X.
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