Nevada HAND Building 51-Unit Affordable Housing Complex in Downtown Las Vegas
LAS VEGAS, NV – Nevada HAND, the state’s largest developer of affordable housing, has begun work on constructing a new rental complex in downtown Las Vegas aimed at low-income tenants, following the company’s demolition of a long-shuttered complex that had previously occupied the property.
Dubbed Ogden Pines, the $20 million project, upon completion, will take the form of a four-story, 51-unit building located at 1200 East Ogden Avenue, at the corner of Maryland Parkway. Previously, the property had been occupied by a 39-unit apartment complex that Nevada HAND had demolished to make way for this new development.
Work on Ogden Pines is slated to be completed in 2027 and, once open, the developer notes that it will offer a slew of amenities for its tenants, including energy-efficient appliances, a community room, a fitness room, and secured building access to ensure the safety of residents.
Nevada has long had an issue with a lack of affordable housing options for lower-income residents, with the problem especially prevalent in the Las Vegas region.
The Kenny Guinn Center for Policy Priorities reported in 2025 that approximately 50 percent of all renters in the state were “excessively cost-burdened” due to what was referred to as a “severe housing affordability crisis” brought on by both a lack of available low-cost options and stagnant local income growth.
Nevada HAND’s Vice President of Corporate Affairs, Waldon Swenson, noted recently that it was more efficient to demolish the old apartment complex standing where Ogden Pines is currently being developed than repairing the rundown building, as it allowed the company to start from scratch and include more modern technology in the units.
Currently Nevada HAND has 5,400 low-cost rental units throughout Southern Nevada, and Swenson said that his company almost never experiences vacancies due to what he called the “tremendous need” for affordable housing options in the region.
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Christopher Boyle is an expert investigative journalist for SEARCHEN NETWORKS® and reports for independent news and media organizations in the United States. Christopher keeps a keen-eye on what’s happening in the Vegas real estate market on behalf of Shelter Realty Property Management