Henderson Approves 390 Affordable Apartments

The new complex in west Henderson offers housing for households earning $48,000 or less.

Updated on Oct. 22, 2026 in Apartments

Henderson Approves 390 Affordable Apartments

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The Henderson City Council has approved a new development featuring 390 affordable housing units in west Henderson. The project, led by Ovation Homes, will provide apartments for households earning $48,000 or less.

Why it matters

This development increases the local inventory of income-restricted housing options for lower-income households. By targeting residents earning 60 percent or less of the area median income, the project aims to address housing affordability in the region.

The new complex will offer 390 units for households with an annual income of $48,000 or less. This income cap is set at 60 percent of the Clark County area median income of $80,000.

The players

Henderson City Council

The local governing body responsible for municipal zoning and development approvals.

Ovation Homes

The private developer overseeing the construction and leasing of the apartment complex.

The details

Located on nearly 19 acres at the corner of Las Vegas Boulevard and Larson Lane, the complex will feature a mix of one to three-bedroom apartments. To maintain eligibility for these units, residents must fall within the defined income threshold relative to the area median. Construction is slated to commence by the end of 2026, with the developer, Ovation Homes, expected to begin accepting applications in mid-2028.

October 20, 2026: The Henderson City Council officially approved the project.
Late 2026: Construction is scheduled to begin by the holidays.
2028: The project is expected to be completed.
Mid-2028: The developer will open the application process for potential residents.

Money Landscape

This development aligns with standard income-restricted housing models that utilize regional median income metrics to determine eligibility. It represents a significant addition to the area's inventory as the city attempts to manage long-term housing affordability.

Households with annual incomes of $48,000 or less should watch for the application opening in mid-2028. Interested individuals should consult with a financial professional to review how these income-restricted rents could affect their long-term housing budget.

The takeaway

This project creates 390 housing opportunities for families meeting the defined income criteria in west Henderson. Residents looking for affordable housing should keep a record of these project timelines and plan to review their budget and credit status before the application window opens.