Nevada

New grants seek to help Nevada homebuyers with down payments amid uncertain housing market

Published

10 months ago

March 21, 2025

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.

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Nevada

Travel Nevada Presents The Neon in Nature Series, Featuring Artwork by DARIUSTWIN, at the Nevada State Museum, Las Vegas, January 15 – April 6, 2026

Published

7 hours ago

January 8, 2026

Press Room

Travel Nevada Presents The Neon in Nature Series, Featuring Artwork by DARIUSTWIN, at the Nevada State Museum, Las Vegas, January 15 – April 6, 2026

Nevada Division of Tourism

Unique exhibition marks DARIUSTWIN’s first museum show in the U.S.

LAS VEGAS, NV / ACCESS Newswire / January 8, 2026 / Travel Nevada is proud to present The Neon in Nature Series, which features artwork by light painting photographer and animator Darren Pearson (better known as DARIUSTWIN)at the Nevada State Museum, Las Vegas, beginning January 15, 2026. The exhibition is DARIUSTWIN’s first U.S. museum show. To celebrate the exhibition opening, Travel Nevada will pay admission fees for the first 200 guests to arrive directly at the Nevada State Museum, Las Vegas on Thursday, January 15, 2026.

Created exclusively in Nevada, The Neon in Nature Series captures just some of the stunning landscapes and striking night skies that you’ll find in Nevada when you get a little out there – all juxtaposed with DARIUSTWIN’s signature light paintings infused with and inspired by Nevada character (and characters). The exhibition will inspire museum guests to visit the Nevada ghost towns, state parks, historical landmarks, and more that take center stage in this unique, vibrant, and whimsical exhibition.

“Nevada’s diverse surroundings and dark night skies provided an ideal backdrop to compose this series,” said DARIUSTWIN. “I’m grateful to the Travel Nevada team for commissioning the work and to the Nevada State Museum, Las Vegas, for housing my very first museum exhibition in the country. I’m hopeful that it will encourage museum guests to travel throughout Nevada, which I found was so rich in history and ripe with adventure opportunities.”

“When the Travel Nevada team first saw DARIUSTWIN’s work, we immediately knew that a partnership with him would inspire people to get a little out there in the state. The Neon in Nature Series is a creative take on what makes Nevada special,” said Rafael Villanueva, chief executive officer of Travel Nevada. “Additionally, we’re thrilled that this exhibition will be housed in the Nevada State Museum, Las Vegas. We share a mission with the museum to enhance the quality of life for Nevada’s visitors and residents, and what better place to host The Neon in Nature series than a city whose history is intertwined with neon?”

The Neon in Nature Series, Presented by Travel Nevada will be on view at the Nevada State Museum, Las Vegas through April 6, 2026.

“The Nevada State Museum, Las Vegas is delighted to host this art- and Nevada-focused installation by DARIUSTWIN,” said Hollis J. Gillespie, director of the Nevada State Museum, Las Vegas. “The Neon in Nature Series exemplifies our mission of educating the public about the history and natural history of the state, and it does so in an electrifying way. We look forward to sharing it with our visitors.”

EDITORS:  Select high-resolution images from The Neon in Nature Series, Presented by Travel Nevada are available here. Photo credit for all images: “Photo courtesy of Travel Nevada/DARIUSTWIN. ©️ 2024 DARIUSTWIN.”

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About Travel Nevada

The heart of Nevada shines through Travel Nevada, an organization focused on sharing the experiences, landmarks and living legends that make the Silver State a one-of-a-kind destination. Through community collaborations and strategic partnerships, we aim to connect with both locals and visitors alike, showcasing the sometimes-surprising, always-exciting treasures that keep people coming to Nevada. It’s theirs to explore-and ours to safekeep, from preserving our wild-at-heart way of life to our wide-open spaces. For more information, visit TravelNevada.com.

About the Nevada State Museum, Las Vegas

Founded in 1982, the mission of the Nevada State Museum, Las Vegas, serves to educate a diverse public about the history and natural history of Nevada. The museum collects, preserves, exhibits, and disseminates material that contributes to an understanding and appreciation of the state. For more information, visit https://www.lasvegasnvmuseum.org/

About DARIUSTWIN

Darren Pearson, known as DARIUSTWIN, is a light painting photographer and animator whose glowing creations have illuminated landscapes around the world. Using long-exposure photography and custom crafted LED lights, Darren “paints” with light in real time, creating skeletal figures, dinosaurs, aliens, and fantastical characters that exist for only a moment before disappearing into the night. His work has been featured by National Geographic, Intel, Honda, and Apple, among others.

Based in Southern California, Darren has been creating light paintings for more than a decade, transforming the ordinary into the extraordinary, one exposure at a time. See more at dariustwin.com and follow @dariustwin.

Contact:
Tracie Barnthouse, Chief Communications Officer
tbarnthouse@travelnevada.com; 775-624-0618

SOURCE: Nevada Division of Tourism

View the original press release on ACCESS Newswire

Information contained on this page is provided by an independent third-party content provider. XPRMedia and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact pressreleases@xpr.media

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Nevada

Nevada gets thrilling overtime win against Wyoming at home 70-60

Published

20 hours ago

January 8, 2026

Press Room

Nevada gets thrilling overtime win against Wyoming at home 70-60

RENO, Nev. (Nevada Athletics) – Nevada Women’s Basketball won its second straight game Wednesday night, getting a thrilling 70-60 overtime win against Wyoming at Lawlor Events Center.

Reigning Old Trapper Mountain West Freshman of the Week Skylar Durley led the Pack (6-9, 2-3 MW) in scoring with 18 points and led both teams in rebounds with a career high 14, recording her first double-double of her career.

Ahrray Young went 5-for-10 from the field for 11 points to go with eight boards.

Nevada’s resilience in the latter part of the fourth, which was punctuated by a key block from Young, forced the game into overtime.

The Pack’s shutdown defense held Wyoming (4-10, 1-4 MW) at bay in the final five, only allowing one point off of a free throw.

On the other end, the offense of Nevada went on a 6-0 run and shot 83.3 percent from the field.

Nevada outscored Wyoming 11-1 and held the Cowgirls without a field goal in OT.

The Pack opened regulation in perfect fashion, shooting a 7-for-7 from the field, 2-for-2 from three and 2-for-2 from the line in the first five minutes of action.

Nevada had a 10-0 run that was capitalized by holding Wyoming to a two-and-a-half minute scoring drought.

Through the first quarter, Nevada shot 64.3 percent and remained perfect from both deep and free throws.

Nevada’s hot start simmered in the second, only getting six points and closing the quarter on a field goal drought of just under four minutes.

Meanwhile, Wyoming’s shooting improved from the first, closing the gap to two.

Despite the slower quarter, Nevada carried its lead into the second half, 45-41.

The third quarter was nearly even, Nevada only shooting slightly better and outscoring Wyoming, 15-14.

The game stayed close through the fourth with three ties and four lead changes, leading to extra time.

As a team, the Pack outrebounded the Cowgirls, 40-28, and had 24 bench points to their six.

Nevada will hit the road and look to even its conference record as it faces New Mexico Saturday at 12 p.m.

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Nevada

Centennial vs. Liberty: Watch Nevada girls high school basketball showdown live

Published

1 day ago

January 7, 2026

Press Room

Centennial vs. Liberty: Watch Nevada girls high school basketball showdown live

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The defending 5A state champion Centennial Bulldogs (7-3) open conference play with a challenging road test Wednesday night when they travel to Henderson to face the Liberty Patriots (10-7) in a Nevada 5A Southern basketball clash.

Coach Karen Weitz’s Bulldogs, seeking their second consecutive state title, will rely on their formidable frontcourt duo of forwards Nation Williams and Inieye Oruh, complemented by standout guard Sanai Branch. They will face a Patriots squad that has shown marked improvement under head coach Lorenzo Jarvis, powered by senior leaders Samantha Chesnut and Kiana Harworth alongside junior standout Neviah Nick.

With Liberty’s home court advantage potentially neutralizing Centennial’s championship pedigree, this early conference matchup could set the tone for both teams’ title aspirations in the competitive 5A Southern division.

Opening tipoff is set for 6:30 p.m. PT on Wednesday, January 7 with a live TV broadcast on NFHS Network.

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