LAS VEGAS, NV – Today, U.S. Senator Jacky Rosen (D-NV) joined a webinar with members of the Nevada Housing Coalition to provide an update on the federal government’s COVID-19 response, as well as to highlight the immediate housing needs as Nevada re-opens.
“Even before the pandemic, far too many families in Nevada struggled to maintain a roof over their heads,” said Senator Rosen. “I had a call today with members of the Nevada Housing Coalition to discuss ways in which Congress can help individuals and families remain safely in their homes and provide access to affordable housing. I will continue fighting to ensure Nevadans have the resources they need during these times of uncertainty.”
BACKGROUND: Senator Rosen is a co-sponsor of the Emergency Rental Assistance and Rental Market Stabilization Act, which authorizes $100 billion in emergency rental assistance to help tenants and landlords during the pandemic. This money will help tenants pay their rent and utility bills, with assistance benefiting tenants going directly to landlords so that both are made whole.
Rosen voted in support of the bipartisan Coronavirus Aid, Relief, and Economic Security (CARES) Act, legislation that, among other things, allows homeowners with mortgages backed by the federal government to defer mortgage payments for up to a year without fees or additional interest, provided $4 billion in Emergency Solutions Grants (ESG) funding to respond to and prevent outbreaks among people experiencing homelessness, and provided $1.25 billion in Tenant-Based Rental Assistance. Rosen partnered with local organizations to provide updates on the federal government’s response to the COVID-19 crisis and answer questions on access to federal resources.
Senator Rosen has been working to address affordable housing issues in Nevada and introduced the Affordable Housing for Veterans Act, bipartisan legislation to expand access to low-interest home loans for our veterans. Senator Rosen is a co-sponsor of the Affordable Housing Credit Improvement Act (S. 1703), bipartisan legislation that would expand the Low-Income Housing Tax Credit (LIHTC), which would encourage private investment in the production and preservation of affordable rental housing.
Earlier this year, Rosen led a group of ten Senators in a letter urging the President to request increased funding for affordable housing in his FY 2021 Budget request to Congress, specifically for the Neighborhood Reinvestment Corporation, also known as NeighborWorks America, a Congressionally-chartered, national nonprofit, whose programs offer critical affordable housing assistance to low- and middle-income Nevada families.