Adoption of measures to maintain and develop attainable housing to carry out housing plan required in master plan; conditions under which governing body may reduce, subsidize or reimburse certain fees; annual reports.
Nev. Rev. Stat. § 278.235
in effect1. If the governing body of a city or county is required to include the housing element in its master plan pursuant to NRS 278.150 , the governing body, in carrying out the plan for maintaining and developing attainable housing to meet the housing needs of the community, which is required to be included in the housing element pursuant to subparagraph (8) of paragraph (c) of subsection 1 of NRS 278.160 , shall adopt at least six of the following measures:
(a) Reducing, subsidizing or reimbursing, in whole or in part impact fees, fees for the issuance of building permits collected pursuant to NRS 278.580 and fees imposed for the purpose for which an enterprise fund was created.
(b) Selling land owned by the city or county, as applicable, to developers exclusively for the development of attainable housing at not more than 10 percent of the appraised value of the land, and requiring that any such savings, subsidy or reduction in price be passed on to the purchaser of housing in such a development. Nothing in this paragraph authorizes a city or county to obtain land pursuant to the power of eminent domain for the purposes set forth in this paragraph.
(c) Donating land owned by the city or county to a nonprofit organization to be used for attainable housing.
(d) Leasing land by the city or county to be used for attainable housing.
(e) Requesting to purchase land owned by the Federal Government at a discounted price for the creation of attainable housing pursuant to the provisions of section 7(b) of the Southern Nevada Public Land Management Act of 1998, Public Law 105-263.
(f) Establishing a trust fund for attainable housing that must be used for the acquisition, construction or rehabilitation of attainable housing.
(g) Establishing a process that expedites the approval of plans and specifications relating to maintaining and developing attainable housing.
(h) Providing money, support or density bonuses for attainable housing developments that are financed, wholly or in part, with low-income housing tax credits, private activity bonds or money from a governmental entity for attainable housing, including, without limitation, money received pursuant to 12 U.S.C. § 1701q and 42 U.S.C. § 8013.
(i) Providing financial incentives or density bonuses to promote appropriate transit-oriented or multi-story housing developments that would include an attainable housing component.
(j) Offering density bonuses or other incentives to encourage the development of attainable housing.
(k) Providing direct financial assistance to qualified applicants for the purchase or rental of attainable housing.
(l) Providing money for supportive services necessary to enable persons with supportive housing needs to reside in attainable housing in accordance with a need for supportive housing identified in the 5-year consolidated plan adopted by the United States Department of Housing and Urban Development for the city or county pursuant to 42 U.S.C. § 12705 and described in 24 C.F.R. Part 91.
2. A governing body may reduce, subsidize or reimburse impact fees, fees for the issuance of building permits or fees imposed for the purpose for which an enterprise fund was created to assist in maintaining or developing a project for attainable housing, pursuant to paragraph (a) of subsection 1, only if:
(a) The governing body makes a determination that reducing, subsidizing or reimbursing such fees will not impair adversely the ability of the governing body to pay, when due, all interest and principal on any outstanding bonds or any other obligations for which revenue from such fees was pledged.
(b) The governing body holds a public hearing concerning the effect of the reduction, subsidization or reimbursement of such fees on the economic viability of the general fund of the city or county, as applicable, and, if applicable, the economic viability of any affected enterprise fund.
3. On or before March 15 of each year, the governing body shall submit to the Housing Division of the Department of Business and Industry a report, in the form prescribed by the Housing Division, of how the measures adopted pursuant to subsection 1 assisted the city or county in maintaining and developing attainable housing to meet the needs of the community for the preceding year. The report must include an analysis of the need for attainable housing within the city or county that exists at the end of the reporting period. The governing body shall cooperate with the Housing Division to ensure that the information contained in the report is appropriate for inclusion in, and can be effectively incorporated into, the statewide low-income housing database created pursuant to NRS 319.143 .
4. On or before April 15 of each year, the Housing Division shall compile the reports submitted pursuant to subsection 3 and post the compilation on the Internet website of the Housing Division.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-278.htmlFetched: 10/4/2026