News 3 LV: Developers, Clark County work to meet affordable housing demand
Molasky was explaining the dilemma for developers as he guided U.S. Representative Steven Horsford on a tour of Ovation’s “Harmony” development, which offers what’s described as luxury independent living for seniors, including utilities, for about $1000 a month. But, Molasky said inflation, higher construction costs, and rising interest rates aren’t the only challenges developers presently have to address a 79-thousand unit shortfall in Clark County.