Las Vegas

Las Vegas, NV · Real Estate
luxuryguideusa.com
The Center Square
Officials fast-track $218M housing project on federal site
(The Center Square) - A $218 million affordable housing project has been fast-tracked for development on a federal site near Las Vegas. In addition, the 390-unit project in the city of Henderson is getting help from taxpayer-funded programs. The Nevada state government provided $1.7 million in tax credits, said Christine Hess, the Nevada Housing Division’s CFO. Hess told The Center Square that the project also received a $10.5 million loan from Clark County and a $4.26 million loan from the state’s Growing Affordable Housing Program. The project relies on private loans and federal tax investments, but the other funds were needed to cover the financing gap, Hess explained. She said the taxpayer-funded state and county money will allow the project to be completed. The federal government is playing a significant role. Last week, the Bureau of Land Management transferred almost 19 acres of land near Las Vegas Boulevard and Larson Lane for the housing project. For the transfer, Ovation, the housing project developer, bought the land at $100 an acre, said Steve Aichroth, administrator of the Nevada Housing Division. He told The Center Square that this type of deal allows these developments to be built. According to the city of
nevadabusiness.com
LVR Reports Another Dip in Home Sales, Citing Higher Mortgage Rates
LAS VEGAS – A report released Friday by Las Vegas REALTORS® (LVR) shows local home prices held steady while sales declined again in October as higher mortgage interest rates continued to be a drag on the housing market. LVR reported the median price of existing single-family homes sold...
fastfoodclub.com
newsnetmedia.com
hoodline.com
yieldpro.com
KTNV
wolfmediausa.com
963kklz.com
news3lv.com
news3lv.com
Historic New Orleans Square faces possible demolition amid high costs
LAS VEGAS (KSNV) — New Orleans Square at Commercial Center has long been a staple of Las Vegas history, but the decades-old property is now facing an uncertain future as Clark County weighs whether to spend tens of millions of dollars to renovate it or demolish it altogether. Clark...