A provision buried in President Donald Trump’s sprawling megabill could catalyze future affordable housing development in Nevada.
The One Big Beautiful Bill Act lowers the threshold for affordable housing developers to qualify for federal, noncompetitive Low-Income Housing Tax Credits and increase the amount of competitive credits available by 12 percent. Consulting firm Novogradac predicts these changes could result in the financing of 1.22 million additional affordable rental homes by 2035.
“Without a doubt, more needs to be built,” said Audra Hamernik, president and CEO of affordable housing developer Nevada HAND. “We are the very worst in the nation when you look at the amount of affordable housing needed.”
The National Low Income Housing Coalition’s 2025 Gap report granted Nevada t