Gov. Joe Lombardo was among state and local officials marking opening of an affordable housing complex for seniors Monday. (Photo by Ronda Churchill for The Warren Group)
Amid the pandemic in 2020, Mary Ellen Ballard and her husband Hurbert downsized from their Las Vegas home to live in a camper trailer in order to stay near their children in Oregon during the lockdown.
By the time they returned to Southern Nevada, the 80-year-olds, who live on fixed incomes, found they were priced out of the rental market after rents increased more than 20%.
“About a year and a half later when we got back to Las Vegas, we found that the rents had gone up to the point that an apartment didn’t really fit our budget,” Ballard said.
The Ballards have recently been able to move into a new affordable housing project called Tempo IV, developed by Ovation Development Corp., which celebrated its official grand opening Monday.
The complex, located near Russell Road and Boulder Highway, has 208 new affordable apartments for seniors with nine units available for seniors making less than 50% of area median income and 199 units for seniors making less than 60 percent of AMI.