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Jacobs Entertainment’s deal to swap a to-be-constructed housing development on Second Street for the aging Sarrazin Arms Apartments on Third Street will provide the Reno Housing Authority with 65 affordable housing units.

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Developer to build 65 affordable housing units for Reno in swap

The deal is crucial to Jacob’s master plan for J Resort, formerly the Sands Regency Casino Hotel, which Jacobs purchased in 2017.

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