Press Release: Major Affordable Housing Initiative Launches in Las Vegas
Las Vegas, NV (KTKV) – The ongoing transformation of Las Vegas golf clubs into affordable housing is gaining momentum as the Desert Pines Redevelopment Project moves forward. Supported by a substantial $25 million investment from the State Infrastructure Bank, this ambitious initiative will be managed by the nonprofit Urban Strategies and developer McCormack Baron Salazar, marking it as the largest affordable housing project in Nevada’s history.
Governor Joe Lombardo emphasized the significance of this project, stating, “Nevadans deserve ample access to affordable and attainable housing options… we’re helping secure the next generation of Nevada homeownership.” The initial phase of the Desert Pines project is projected to cost around $57.3 million of a total $450 million investment, which will yield 1,082 affordable multi-family homes alongside 280 market-rate residences.
Among the additional community amenities are a 10,000 square-foot community center, early education facility, job training center, and 75,000 square feet of commercial space, expected to enhance local job growth significantly. The project is set to generate nearly 7,400 jobs, a vital need as Nevada grapples with a housing crisis.
Further reinforcing the state’s commitment to worker rights, the redevelopment will adopt robust worker protections, including a Project Labor Agreement and a mandate to hire at least 50% of local residents. The total job creation expected from the project is projected to be over 7,000, breaking records for employment and local investment.
As construction begins, the Desert Pines Redevelopment Project embodies hope for Las Vegas families seeking affordable housing and economic opportunity in the heart of Southern Nevada.
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