Las Vegas NowNV Gets Poor Grades on Affordable Housing
That's the finding in a new study by Colorado College. The Colorado Springs-based school's "State of the Rockies Report Card" gave failing grades to Nevada's two largest counties, with better marks in other parts of the state.
Clark county received a D+ and Washoe county a D. Carson City and Douglas County received a C+. The best grades were Humboldt and Lyon counties, both with A-.
In Reno-Sparks, 21.2-percent of homes are affordable for those earning a median income. That drops to 20 percent in Carson City, and 18.9-percent in Las Vegas, which rank among the lowest in the Rocky Mountain West. This compares to a high mark of 76.3-percent of homes being affordable in Pueblo, Colo.
Other grades for Nevada counties were: Churchill, B; Esmeralda, B; Eureka, B-; Lander, B+; Lincoln, D; Mineral, C-; Nye, B+; Pershing, B+; Storey, C; White Pine, C.
In the entire Rocky Mountain region, 8 percent of the counties received a D+ and 7-percent received a D; 8-percent of counties earned an A and 8-percent earned an A-.
(Copyright 2008 by The Associated Press. All Rights Reserved.)
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