On Tuesday, June 1, Clark County in partnership with Nevada HAND, has broken ground on the Serene Pines Senior Apartments, marking an important milestone for the largest Welcome Home Community Housing Fund (CHF) investment to date. The County’s commitment of $20.6 million dollars represents a pivotal step in our ongoing commitment to housing in Southern Nevada.
“Today’s Serene Pines groundbreaking represents the largest single investment Clark County has ever made in an affordable housing development, and it reflects our commitment to ensuring Southern Nevada’s seniors can age with dignity in a safe, welcoming community,” said Michael Naft, Chair of the Clark County Commission. “This project will provide 281 affordable homes, as well as supportive services that will help residents thrive. As housing costs continue to rise, Clark County is proud to partner with Nevada HAND to expand housing opportunities for our seniors, many of whom are on fixed incomes and represent some of our most vulnerable community members.”
Initially, the CHF committed $17 million to the project. However, more funding was added this year to ensure that units are affordable for households making between approximately $36,000 - $56,000 per year and 29 units will serve those most at risk in our community, including households at poverty level, and those coming out of homelessness.
In response to the unprecedented crisis in housing affordability and availability, the Board of County Commissioners created the CHF in 2022. More on Welcome Home here: https://www.clarkcountynv.gov/residents/community_housing_fund/