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Nevada State Officials Promise Aid for Both Landlords and Tenants Prior to October 15 End of Eviction Moratorium

Entrance to the State Legislature of Nevada in Carson City

Nevada State Officials Promise Aid for Both Landlords and Tenants Prior to October 15 End of Eviction Moratorium

LAS VEGAS, NV – With the controversial extension of the Nevada eviction moratorium issued last month by Governor Steve Sisolak due to finally come to an end come October 15, state officials have announced that ample aid for both landlords and tenants beleaguered by difficult circumstances brought about by the COVID-19 pandemic will be made available as soon as possible.

A second batch of funding – a total of $60M – has been granted to Clark County, with both tenants and landlords eligible to get a cut, officials recently revealed. However, according to State Treasurer Zach Conine, that funding – while significant – nonetheless amounts to a mere band-aid as it relates to the ongoing financial distress many are in due to the pandemic.

“Sixty million dollars is a big number, but let’s be clear: we think the problem is a lot more significant than that,” he said. “Our goal for these new assistance programs as we roll them out is to make sure they have a lot of people involved for bandwidth, and try to make the program as quick and effective as possible.”

In order to keep aid coming, Conine noted that state officials are continually lobbying Congress for more assistance. In addition, the State Treasurer’s office will lend aid to the Nevada Supreme Court as it relates to new mediation programs, which will attempt to help landlords and tenants to come together and work out payment plan options for back rent and/or mortgage payments.

Governor Sisolak, in recent interviews, has expressed hope that the state will be able to make the additional rental assistance funding available to Nevada residents affected by COVID-19 in time for the current eviction moratorium deadline of October 15.

However, some Nevada landlords have expressed a lack of confidence in state government’s ability to roll out the promised assistance in time, citing numerous delays with previous rounds of rental assistance as well as state’s continuing backlog of unemployment claims. 

Shelter Realty is a Real Estate and Property Management Company specializing in the areas of HendersonLas Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.