Two years ago, we told you about an initiative to turn Las Vegas golf clubs into affordable housing developments for Southern Nevada.
Progress is already underway for the Royal Links Golf Club, but Desert Pines was still looking for developers as of our last report.
Now, through new financing from the State Infrastructure Bank, a partnership between the nonprofit Urban Strategies and developer McCormack Baron Salazar will helm the project.
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The bank approved $25 million to kick off the first phase of infrastructure for the Desert Pines Redevelopment Project , making this the largest affordable housing project in the state’s history.
“Nevadans deserve ample access to affordable and attainable housing options, and I’m proud to support the largest affordable housing project in Nevada history through the State Infrastructure Bank,” said Governor Joe Lombardo.
“Through projects like this, we’re helping secure the next generation of Nevada homeownership.”