October 28, 2026 - 4:37 pm

Across Southern Nevada, house hunters have pulled back in droves from new subdivisions over the past few years amid a series of financial hurdles.

Now, a local developer has landed state funding to build a more-affordable townhouse complex that he hopes will draw buyers.

The Las Vegas City Council last week approved plans by developer Scott Goldstein’s firm, Prospect Street Capital, for a 97-lot townhome project in the northwest valley. Plans call for three- and four-bedroom homes spanning from 1,359 to 1,518 square feet.

According to a news release, the $33.4 million project is backed by a $10.5 million low-interest loan from the state-run Nevada Attainable Housing Account.

This fund was established by legislation last year that allocated $133 million to help expand affordable housing options statewide.

‘Make homes more affordable’

Goldstein, founder and managing partner of Las Vegas-based Prospect Street , said in an interview that the homes in his project — located along…