Bedrock
Council action

Corner of I Street and Washington Avenue, Las Vegas, NV

On municipal recordLas Vegas, NV
4/ 5
High impact
Bedrock impact score
Action type
Council action
Asset class
Multifamily / Residential
Status
On municipal record
Filed
2026-08-05
Jurisdiction
Las Vegas, NV
Days on record
Not dated
Aerial view of Corner of I Street and Washington Avenue, Las Vegas, NVApprox — jurisdiction center
Aerial — close view · EsriInteractive map ↓
Street View ↗
01Investment highlights

Why this deal matters

  • Council action in Las Vegas, NV · Multifamily / Residential
  • Bedrock impact score 4 of 5 — High impact
  • A $13.8M PAB volume cap allocation is the critical tax-exempt bond financing mechanism unlocking Low-Income Housing Tax Credits for this 173-unit affordable project
  • Approval signals the deal's capital stack is advancing and the site is moving toward construction.
02Deal summary

The rationale

A $13.8M PAB volume cap allocation is the critical tax-exempt bond financing mechanism unlocking Low-Income Housing Tax Credits for this 173-unit affordable project — approval signals the deal's capital stack is advancing and the site is moving toward construction.

Las Vegas City Council is considering a resolution to direct the State Department of Business and Industry to transfer $13,800,000 in 2026 State Private Activity Bond (PAB) volume cap to Brinshore Development and Affordable Housing Program, Inc. for the new construction of Marble Manor 2b, a 173-unit multifamily development with 146 affordable units at I Street and Washington Avenue (Ward 5).

03Deal facts

The filing record

Jurisdiction
Las Vegas, NV
Action type
Council action
Asset class
Multifamily / Residential
Applicant
Brinshore Development, LLC and Affordable Housing Program, Inc.
Status
On municipal record
Filed
2026-08-05
Days on record
Not dated
04Location

Where this sits

Approximate — centered on the jurisdiction (no exact street address on file).Esri World Imagery
Corner of I Street and Washington Avenue, Las Vegas, NV
36.23350, -115.26400 · approximate (jurisdiction center)
Street view

At street level

Street view of Corner of I Street and Washington Avenue, Las Vegas, NV
Google Street View · nearest outdoor imagery
Area demographics

Clark County

2,228,866
Population
$61,048
Median HH income
809,026
Households
$1,023
Median rent
U.S. Census · ACS 5-year
Nearby amenities

Within ~1 mile

6 Transit
17 Schools
20 Dining
1 Grocery
2 Banks
3 Parks
Points of interest · Google Places
05Record timeline

Filing to current status

  1. Filed with jurisdiction
    2026-08-05
    On the municipal record
  2. Scored by Bedrock
    Relevance 4 / 5
    Automated land-use signal
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