A new affordable housing complex for low-income seniors is coming to the area just south of the Las Vegas Strip. Nevada HAND held a ceremonial groundbreaking Monday for Serene Pines, a 281-unit community on Serene Avenue just west of Las Vegas Boulevard.

The $82.7 million project is slated to open in 2028 and will feature a community room, computer lab, fitness center, and pool, according to a news release from the developer. Clark County contributed $20.6 million to the project — the largest single investment the county has ever made in an affordable housing development, according to Clark County Commission Chairman Michael Naft.

A Growing Need for Affordable Housing in Las Vegas

Nevada has long struggled with a shortage of affordable housing, particularly in the Las Vegas area, where the tourism-driven economy relies heavily on service-sector jobs. Early last year, the Kenny Guinn Center for Policy Priorities reported that Nevada was grappling with a “severe housing affordability crisis,” finding that nearly half of the state’s renters were “excessively cost-burdened” and that income growth had “lagged far behind housing costs.”

“Many seniors live on fixed incomes and represent some of our most vulnerable community members,” Naft said in a statement announcing the groundbreaking.

Nevada HAND is the state’s largest affordable housing developer, with 37 communities in its portfolio.

More Senior Housing on the Way

Serene Pines isn’t the only new affordable housing project for seniors taking shape south of the Strip. Ovation Development is building a separate 194-unit complex on Bruner Avenue, just west of Las Vegas Boulevard near the M Resort. That project broke ground last year and is expected to welcome residents starting in 2027, according to Ovation chief operating officer Jess Molasky.

Together, the two projects will add 475 units of affordable senior housing to a corridor where demand far outpaces supply. For more on Nevada’s housing market, see our coverage of Las Vegas real estate and development trends.

Photo by Scott Blake on Unsplash