Clearinghouse CDFI provided an $8.6 million loan to Red Rock Las Vegas Senior Living to refinance an existing loan and support continued growth at its assisted living facility in Las Vegas, Nevada.
Driving Community-Based Healthcare Solutions
Originally financed by Clearinghouse CDFI in 2016, Red Rock Senior Living has stabilized operations under new ownership and expanded its capacity, converting 21 behavioral health beds into 20 additional assisted living beds. The facility now offers 122 assisted living beds, delivering critical services to individuals with disabilities, veterans, and those managing PTSD or substance use recovery.
With 80% of residents classified as extremely low-income, Red Rock Senior Living plays a vital role in advancing healthcare access and economic stability for vulnerable seniors across Las Vegas.
This refinancing ensures long-term operational sustainability, supports quality healthcare services for low-income individuals, and strengthens a local enterprise contributing to the region’s economic vitality.
Clearinghouse CDFI is proud to invest in community-driven solutions that promote economic independence, responsible stewardship, and quality of life for underserved populations.
- Download the PDF: Just Funded – Red Rock Senior Facilities – 2024
- View the 2016 Red Rock Assisted Living Just Funded
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