The Biden administration is eyeing a 20-acre parcel of Bureau of Land Management land near Las Vegas to kick off a push to develop affordable housing on some public lands as a solution to the West’s growing housing shortage.
BLM is proposing to sell the land at a discount — $100 per acre, well below the land’s market value — to allow Nevada’s Clark County to develop thousands of units that would be sold to first-time homebuyers.
If the sale is approved, it would be the first parcel for housing development sold under a memorandum of understanding the Interior and Housing and Urban Development departments signed last year.
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The total proposed cost to Clark County: $2,000.
