Fernley council transfers 2025 private activity bond cap to Nevada Rural Housing
Council approved Resolution 25-011 to transfer the city's unused 2025 private activity bond cap to Nevada Rural Housing; the agency said the transfer supports rural homeownership and rental assistance, and reported 21 local homebuyers served since June using similar programs.
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The Fernley City Council unanimously approved Resolution 25-011 to transfer the city's unused 2025 private activity bond volume cap to Nevada Rural Housing, a state housing finance agency that supports rural homeownership, rental assistance and housing development.
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