Las Vegas, NV (KXNT) - Clark County Commissioners have approved nearly $120 million to support the development of more than 3,100 homes for low-income families and seniors across the community. These initial “Welcome Home” funds are the first of its kind by a local government in Nevada.
In April, “Welcome Home”, Clark County’s Community Housing Fund was created to address what was seen as an urgent need for housing for low-income residents – families, seniors, and those who are employed, but unable to find affordable housing.
Altogether, the funding will support the construction of 2,139 new housing units, plus the rehabilitation of 967 existing units.
The funding approved includes $12.5 million for 276 new apartments for seniors near Decatur and Rome boulevards, $12 million to rehabilitate 237 units in the Desert Rose Apartments, and $4 million for 176 new apartments for families at 4000 Desert Inn Road.
The Welcome Home fund was created in April to assist those who are employed but still cannot find housing they can reasonably afford. The approved funds had been re-allocated from COVID-19 relief funding.