The Legislature hereby finds and declares that:
1. There exists within the urban areas of this State a large number of deteriorated, substandard and unsanitary residential properties which have been abandoned by their owners;
2. These properties are a threat to the health, safety and well-being of the persons occupying neighboring properties;
3. There is also a shortage of decent, safe and affordable housing for persons of low or moderate income and the counties and cities of this State have an obligation to provide such persons with an opportunity to obtain residential property;
4. It is in the public interest to encourage the preservation and maintenance of housing in this State for persons of low or moderate income, in order to improve their living conditions and, in doing so, to benefit the health, safety and welfare of the people of this State; and
5. The provisions of this chapter are in addition to, and do not abrogate or limit the application of, any other provisions of law granting to a county or city the authority to:
(a) Develop affordable housing; and
(b) Rehabilitate abandoned residential properties.
(Added to NRS by 1989, 189; A 2005, 1305)