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2025 ULI Fall Meeting 2025 ULI Fall Meeting
, November 04 – 06, 2025

Affordable Oasis: Creative Solutions to Address Nevada’s Housing Crisis

Mission Priority Tours
Mon Oct 28 8:00 AM — 2:30 PM (GMT-05:00) Eastern Time
Hear from Nevada’s leading affordable housing developers about how they are addressing the local housing crisis. Decatur Commons consists of 480 units (240 family units and 240 senior units) of high-quality affordable housing for low-income families and seniors located on a 20-acre infill site in the heart of Las Vegas. Neighborhood amenities include proximity to the health department, schools, parks, retail stores, grocery stores, and a Regional Transportation Commission (RTC) bus route right outside the door. Designed with long-term sustainability in mind, Decatur Commons features energy-efficient appliances, windows, LED lighting, solar panels, and desert landscaping. Nevada HAND’s Resident Services are available to every resident at no cost and provide year-round life-enriching programs and access to community services in the areas of education, health and wellness, economic stability, and community engagement. In recognition of its excellence, Decatur Commons won the 2023 NAIOP Spotlight Award for Mixed-Use Development and a 2023 CoStar Impact Award for multifamily development.

As one of Nevada’s largest and leading apartment developers of both market-rate and affordable housing for low-income seniors and working families, Ovation Development and its nonprofit partner, Coordinated Living of Southern Nevada, ensure affordable housing communities maintain the exceptional quality associated with market-rate projects. To date, Ovation has completed 14 affordable housing communities, bringing to market more than 2,000 affordable apartment units. With seven more projects in the planning stages or under construction, by early 2028, Ovation will add an additional 1,500 affordable residences, providing much-needed financial relief for low-income residents in Southern Nevada, including families, seniors, and those who are employed but unable to find affordable housing. This tour will visit Tempo IV, an affordable senior living community with 208 units across two buildings, which will be completed in 2024.