North Las Vegas officials are weighing a proposal to buy an affordable‑housing complex currently operated by Nevada HAND, a nonprofit that develops and manages low‑income housing throughout the state. City documents indicate the purchase is intended to safeguard the existing units and keep them affordable for residents of the Owens Avenue corridor.

City rationale and funding source

According to the city, the acquisition would be financed with grant money earmarked for housing and community services. The municipality stresses that the deal would not alter day‑to‑day management; Nevada HAND would continue to run the property under the same terms.

Resident reactions

Some tenants expressed surprise at the news. Colleen Murray, who has lived in the complex for nearly seven years, said she had never heard of the city’s plans. “This is the first I’ve heard,” she told Channel 13. Her neighbor, Leon Sagere, echoed the sentiment, stating, “No, I didn’t know.” Both residents voiced uncertainty about how a change in ownership might affect their homes.

“I’m kind of thrown off my square here and don’t know what to think,” Murray added, emphasizing the personal stakes for those who call the complex home.

Nevada HAND’s response

When approached for comment, Nevada HAND declined to comment on the potential transaction.

City’s broader housing strategy

The city noted that similar arrangements have been used elsewhere in Southern Nevada, where local jurisdictions partner with nonprofit operators to preserve affordable units. By retaining Nevada HAND as the manager, officials hope to maintain continuity for current tenants while securing the long‑term availability of low‑cost housing in the valley.

Next steps

The North Las Vegas City Council is expected to bring the purchase agreement before council members at its Wednesday meeting. Council members will consider the terms of the deal, the source of grant funding, and any potential impact on residents before voting.

Stakeholders and community members are encouraged to attend the meeting and voice their concerns or support. The outcome will shape the city’s approach to affordable housing preservation, a critical issue for families seeking stable, affordable homes in the rapidly growing Las Vegas metropolitan area.

Original reporting: KTNV 13 Action News Las Vegas (local) — read the source article.