Nevada City Scores Cheap Land for Budget Homes
Published Date: 3/24/2026
Notice
Summary
The government plans to sell an 18.59-acre piece of public land in Henderson, Nevada, directly to the city at a discount to help build affordable housing. This sale affects the City of Henderson and supports more homes for people who need them. Comments on this plan are open until May 8, 2026, so the community can share their thoughts before the sale happens.
Analyzed Economic Effects
5 provisions identified: 2 benefits, 2 costs, 1 mixed.
18.59 Acres Sold for $1,859
The Bureau of Land Management proposes to sell an 18.59-acre parcel in Henderson, Nevada, directly to the City of Henderson at a nominal price of $100 per acre (total $1,859) under the Southern Nevada Public Land Management Act (SNPLMA) FY2025 pricing. HUD reviewed the nomination and confirmed the West Henderson Affordable Housing Apartments will dedicate 100 percent of the parcel to low- and very low-income families (those earning 60 percent or less of Area Median Income).
Five-Year Reversion If Not Occupied
If the affordable housing project is not authorized for residential occupancy with a final Certificate of Occupancy within 5 years from the date of the sale patent, the United States may require the land to revert to the United States or require payment of the then-current fair market value. The patentee may request additional time, but the BLM has sole discretion to grant or deny extensions.
Existing Rights-of-Way and Encumbrances Stay
Title to the parcel will remain subject to numerous existing rights-of-way and encumbrances (including oil and gas pipelines, fiber optic lines, powerlines, public roadways, and water pipeline rights-of-way) and other limitations prescribed by law. The buyer is responsible for due diligence and must accept those encumbrances, which can limit development options and add costs.
No Evidence of Hazardous Releases
As required by CERCLA section 120(h), the BLM examined the lands and found no evidence that hazardous substances were stored for one year or more, nor that hazardous substances were disposed of or released on the property. This environmental finding applies to the subject parcel in Henderson, Nevada.
Option to Buy U.S. Reserved Interests Later
The City of Henderson or a subsequent landowner may request at any time to purchase reserved interests held by the United States at the then-current fair market value, but must pay all U.S. processing costs and the United States is not obligated to agree to sell. Any such purchase would be at current fair market value and subject to customary processing fees.
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Key Dates
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