New affordable-housing complex opens in east Las Vegas

A newly constructed affordable‑housing complex has opened in east Las Vegas and is already about 80 percent leased, reflecting a persistent demand for designated units across Southern Nevada. The Southern Nevada Regional Housing Authority and The Michaels Organization, a New Jersey‑based property firm, held a ribbon‑cutting ceremony on Tuesday for the 121‑unit Gholson Landing. The two entities partnered to deliver the $32 million development aimed at low‑income tenants. The property sits on North 28th Street between Charleston Boulevard and Stewart Avenue. According to a press release, the complex reached roughly 80 percent occupancy just months after completion. Gholson Landing, located at 2601 Sunrise Avenue, neighbors several schools and occupies a six‑acre parcel. It offers one‑ to four‑bedroom apartments along with a fitness center, playground, computer lab and other amenities. The community named the project after Thomas Gholson, who served as law‑enforcement manager for the Las Vegas Housing Authority in the 1990s. That agency later merged into the regional housing authority. Property records indicate the regional housing authority acquired the site in 2016 from the Las Vegas‑Clark County Library District, which had obtained the land in 2015 from the city of Las Vegas. The Las Vegas City Council granted approval for the development in spring 2024. Councilwoman Olivia Diaz, whose ward encompasses the location, remarked at the ceremony that the parcel had lain vacant and was part of a land swap among government agencies. “The goal has been to bring more affordable‑housing units to the community,” Diaz said, adding that constructing this type of housing “is not an easy task,” because “there is so much red tape that you have to wade into the projects.” The Housing Solutions Lab at New York University notes that affordable‑housing developers typically receive government subsidies to help finance projects, enabling them to charge rents below market rates that would otherwise fail to cover construction and operating costs. Financing for Gholson Landing combined low‑income housing tax credits with federal American Rescue Plan Act funds distributed through the state‑launched Home Means Nevada Initiative. Nevada, where most residents reside in the Las Vegas Valley, has long faced a shortage of affordable dwellings. The National Low Income Housing Coalition estimates the state lacks more than 78,000 affordable and available rental homes for extremely low‑income tenants.