Bedrock
Council action

Northeast Corner of Hickam Avenue and Jordanville Street, 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 Northeast Corner of Hickam Avenue and Jordanville Street, 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
  • $7M+ in PAB volume cap allocation is a critical financing milestone that unlocks 4% Low-Income Housing Tax Credits
  • Competitors and affordable housing developers should note this cap is spoken for in Ward 4.
02Deal summary

The rationale

$7M+ in PAB volume cap allocation is a critical financing milestone that unlocks 4% Low-Income Housing Tax Credits — competitors and affordable housing developers should note this cap is spoken for in Ward 4.

Las Vegas City Council is considering a resolution to direct Nevada's Dept. of Business & Industry to transfer $7,075,000 in 2026 State Private Activity Bond (PAB) volume cap to Palindrome Properties Group, LLC to finance the new construction of Silver Desert Estates, a 139-unit affordable housing development at the NE corner of Hickam Ave and Jordanville St (Ward 4).

03Deal facts

The filing record

Jurisdiction
Las Vegas, NV
Action type
Council action
Asset class
Multifamily / Residential
Applicant
Palindrome Properties Group, LLC
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
Northeast Corner of Hickam Avenue and Jordanville Street, Las Vegas, NV
36.23350, -115.26400 · approximate (jurisdiction center)
Street view

At street level

Street view of Northeast Corner of Hickam Avenue and Jordanville Street, 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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