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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
West Las Vegas, a neighborhood in Las Vegas, Nevada, has a significant presence of Low-Income Housing Tax Credit (LIHTC) funded affordable housing. The area has 790 units in LIHTC-funded projects, with 472 designated as low-income units. Based on the 2022 population of 31,144 and using the national average household size, the estimated housing inventory for the neighborhood is approximately 11,933 units. The LIHTC-funded affordable housing covers about 6.6% of the estimated housing inventory in West Las Vegas.
The LIHTC program has invested substantially in West Las Vegas, with project tax credits totaling $5,539,889. This translates to an average federal funding of about $7,012 per unit in LIHTC-funded projects. The neighborhood has seen consistent development of affordable housing over more than a decade, with the earliest project, Sunset Palms (formerly Las Vegas Family), completed in 1999, and the most recent, Ethel Mae Robinson Senior II, finished in 2011.
The 2000s were particularly active for affordable housing development in West Las Vegas. Notable projects from this period include the David Hoggard Family Community and Sen. Harry Reid Senior Apartments, both completed in 2004, and Horizon Crest, finished in 2007. The LIHTC-funded housing in West Las Vegas offers a diverse range of unit types. There are 237 one-bedroom units, 305 two-bedroom units, 160 three-bedroom units, and 14 four-bedroom units, catering to various family sizes and needs.
Over the past decade, West Las Vegas has experienced demographic shifts. The population has slightly decreased from 32,221 in 2013 to 31,144 in 2022. Despite this minor decline, the median income has shown an upward trend, rising from $33,520 in 2013 to $38,763 in 2022, indicating a gradual economic improvement in the area.
The racial composition of West Las Vegas has evolved. The Hispanic population has increased from 42% in 2013 to 50% in 2022, while the Black population has decreased from 44% to 32% during the same period. The Asian population has doubled from 2% to 4%, and the White population has remained relatively stable at around 10%. These demographic changes, particularly the increase in median income, may have influenced the lack of new LIHTC projects in the neighborhood since 2011.
West Las Vegas has a notable presence of LIHTC-funded affordable housing, with 790 total units and 472 low-income units. The neighborhood saw significant affordable housing development between 1999 and 2011, with the LIHTC program investing over $5.5 million in the area. The LIHTC-funded units cover about 6.6% of the estimated housing inventory. The area has experienced demographic changes over the past decade, including a slight population decrease, an increase in median income, and shifts in racial composition, which may have influenced recent affordable housing development patterns.