Clark County Purchases 20 Acres of Federal Land for 210-Unit Affordable Housing Community
LAS VEGAS, NV – Clark County announced this week that they had purchased 20 acres of U.S. government-controlled land from the Bureau of Land Management (BLM) to construct Nevada’s first-of-its-kind affordable residential housing community.
Officials confirmed that Clark County bought the land – located along Cactus Avenue in the southwest Las Vegas Valley – from BLM for the price of $100 an acre, with the intention of constructing 210 single-family homes aimed at first-time homebuyers who earn approximately $70,000 a year or less.
The community will be dubbed “Cactus Trails” once it is complete, and will offer three- and four-bedroom homes with numerous amenities for its residents, such as a playground, walking and hiking trails, and much more.
The plan, originally announced on July 16, will see Clark County retaining ownership of the land, which will ensure that prices remain at affordable levels, according to a post made by officials on X (formerly Twitter).
Plans for the project are expected to be submitted this fall,” the post said. “After the homes are built, qualified homebuyers will purchase the home while the County maintains ownership of the land to keep the cost of homebuying attainable for working families.”
Documents were signed last Friday officially transferring the 20 acres of land at a ceremony attended by officials from Clark County, the Biden Administration, BLM, and the Department of Housing and Urban Development (HUD).
At the event, District F Commissioner Justin Jones noted that Clark County’s commitment to providing affordable housing for its residents is a top priority.
Clark County has invested millions of dollars to foster development of affordable housing for working families and seniors on fixed income within our community,” he said. “Cactus Trails will be a first-of-its kind development in our community, aiming to offer affordable homeownership opportunities to working families.”
Shelter Realty is a Real Estate and Property Management Company specializing in the areas of Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.