Stewart Pines II Senior Apartments

1391 E. Stewart Avenue
Las Vegas, Nevada 89101
(702) 598-0420
Manager: Monica Ramirez
stewartpines@nevadahand.org

Opened in 2003

49 Total Units
• 12 one bedroom apartments
• 37 two bedroom apartments
• Free Transportation Services
• Computer Center w/ Internet Access
• Controlled Access Entry
• Library
• Fitness Center
• Planned age appropriate activities by on-site Resident Service Coordinator
• On-site Laundry facility
• Covered parking available
• Community room w/ Kitchen and Entertainment Room

Units are targeted to very low-income multi-family households
• 49 units for households earning less than 40% area median income

The development costs were financed through a variety of public and private partners
• Lennar Affordable Communities provided the equity by purchasing LIHTC issued by the Nevada    Housing Division
• City of Las Vegas provided $350,000 in Federal HOME funds
• The Federal Home Loan Bank of San Francisco awarded an AHP Grant of $227,935
• Cal Fed Grant provided a grant of $5,000
• Wells Fargo provided $2,000,000 in construction financing
• Cal Fed provided approximately $500,000 in permanent financing