Nevada Appeal Capitol Bureau
Thursday, January 6, 2022
The state Infrastructure Bank has opened a 30-day period to receive comments on plans to fund affordable housing and other infrastructure projects in Nevada.
The proposed Capital Allocation Plan will distribute $75 million worth of projects and leverage many millions more in outside capital.
The plan includes up to $20 million to support affordable housing projects in partnership with the AFL-CIO Housing Investment Trust.
In addition, there is up to $15 million to support charter school projects in low-income communities and $40 million to leverage federal infrastructure dollars from the Infrastructure Investment and Jobs Act.
“Launching the state Infrastructure Bank is one of the biggest ways we can create good-paying jobs while working to address our state’s crumbling infrastructure,” said Treasurer Zach Conine.
Gov. Steve Sisolak said the Infrastructure Bank is an integral part of the plan to help Nevada recover from the impact of the pandemic.
The plan can be found at nevadatreasurer.gov under public notices.
Members of the public are encouraged to submit comments on the proposed Capital Allocation Plan. The comment period is open through Feb. 4 and comments can be submitted by emailing ask@nevadatreasurer.gov
