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Clark County’s Rebecca Place aims to expand homeownership opportunities in Southern Nevada

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Clark County’s Rebecca Place aims to expand homeownership opportunities in Southern Nevada


For Clark County Commissioner Marilyn Kirkpatrick, the groundbreaking for Rebecca Place marked a moment she said nearly brought her to tears — a sign, she believes, that more Southern Nevadans could soon have a realistic path to owning a home.

“I always think that if you want to own a home, you should have an opportunity, and I run into so many people, ‘You know what, I don’t think I can get there.’ Now, I run into people who say, ‘I think I can get there,’” Kirkpatrick said.

Rebecca Place is a 30-home development planned near Rebecca Road and West Tropical Parkway. The homes are estimated to cost around $300,000, far below the recent median price for single-family homes of $470,000, according to Las Vegas Realtors.

The project is aimed at what officials describe as the “missing middle” — families who make too much to qualify for low-income housing but still struggle to afford higher-priced homes.

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Homebuyers at Rebecca Place will be limited to households earning between $68,000 and $85,000 per year.

“We love to call it attainable housing because we think their salary should have them attain homeownership,” Kirkpatrick said.

The development is expected to be the first in Nevada built through a community land trust, or CLT. Under the model, the land is owned by the community while the home is owned by the individual, who also pays a ground lease. When the home is resold, it cannot be sold for market price — a restriction the county says is designed to keep the home affordable for the next buyer.

During a visit to the site in the early stages of development, Shannon Mitchell, a nurse who was at a park across the street, said housing costs have become out of reach for younger adults.

“It’s not affordable for my children, 22 to25 years old. They’re paying more rent than what I pay for more my mortgage,” Mitchell said.

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Mitchell said she supports the concept and the opportunities it could create. “That’s a good idea for the county, a good idea for opportunities for the families in between,” she said. The project could be in place by late summer.

Some residents have raised concerns about how the development could affect home values. The county said the homes cannot be sold for market value, so they should be assessed accordingly.

Kirkpatrick said the project is meant to offer long-term stability for families who may be able to move in by the end of the year.

“Kids today can’t see the forest through the trees on maybe ever owning a home. This has a piece in it. You can pass it down to your family,” she said.



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Nevada

One dead, four hospitalized after head-on crash on I-15 in Clark County

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One dead, four hospitalized after head-on crash on I-15 in Clark County


LAS VEGAS (FOX5) — Nevada Highway Patrol responded to a two-vehicle crash on Interstate 15 near mile marker 94 Sunday evening.

The crash was reported at 6:43 p.m. on June 28.

MORE ON FOX5: Driver sustains life-threatening injuries in Las Vegas multi-vehicle crash

A passenger sedan and a pickup truck were involved in the crash. One vehicle was traveling southbound, lost control, crossed through the median, and struck the other vehicle head-on in the northbound travel lane.

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One adult male died at the scene. Two people were transported by ground ambulance, and two others were transported by life flight to a local hospital.

Road closures

All northbound I-15 travel lanes were closed at mile marker 94, but have since opened as of Sunday night.

Nevada Highway Patrol said further information will be provided following the preliminary investigation.

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Officials elevate response efforts to combat eastern Nevada wildfires

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Officials elevate response efforts to combat eastern Nevada wildfires












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