Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Reno Redevelopment Agency outlines $7.6 million in near‑term projects, seeks Fourth Street plan and property acquisitions
Summary
The city’s Redevelopment Agency presented an operating plan on May 5 that shows RDA 1 beginning to generate increment after debt obligations, and RDA 2 with more than $6.6 million available for projects. The agency proposed tactical grants, a restoration program, a Fourth Street revitalization plan and targeted property purchases.
The Reno Redevelopment Agency presented its FY26 operating plan to the Reno City Council on May 5 and won council direction to advance the budget. Revitalization Manager Brian McCarter told the council that Redevelopment Area 1 (downtown) and Redevelopment Area 2 (non‑contiguous districts including the Baseball District and parts of Fourth Street) together produce increment that now allows the agency to fund near‑term capital work.
McCarter said RDA 1 is beginning to produce increment above longstanding debt obligations and expects about $4,600,000 of new increment next year; RDA 2 is producing roughly $10,200,000…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
