Western Alliance Bank

Western Alliance Bank is financing the Senator Joseph M. Neal Jr. Apartments, a 192-unit affordable housing project in North Las Vegas, scheduled to open in Fall 2027. The bank’s investment includes the purchase of tax-exempt bonds and tax credit equity. The community, named after Nevada’s first Black state senator, will feature one- and two-bedroom units with amenities and prioritize senior residents. The project addresses Las Vegas’s affordable housing shortage via a partnership between public and private sectors, offering units for residents earning below the area median income, with many benefiting from HUD Section 8 assistance.