Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Meeting Summary topic
No spam. Unsubscribe anytime.
State Board of Finance approves minutes and two housing bond reauthorizations; GAHP update informational
Summary
On Oct. 4 the State Board of Finance approved minutes from Aug. 8 and unanimously reauthorized two Nevada Housing Division bond placements (28th & Sunrise, Duncan & Edwards); staff provided an informational GAHP update on a pilot with NewWest Community Capital.
The State Board of Finance convened via videoconference on Oct. 4, 2024, and approved the minutes from its Aug. 8 meeting. Treasurer Zach Conine moved to approve the minutes and the motion passed unanimously.
The board also unanimously approved two separate Administrator’s Findings of Fact requested by the Nevada Housing Division: up to $26,000,000 for the 121‑unit 28th & Sunrise Apartments and up to $20,000,000 for the 80‑unit Duncan & Edwards Apartments. Both items had been presented previously in June 2024 and were brought back because the housing division changed each issuance from a public offering to a private placement. An informational update on GAHP and a pilot partnership with NewWest Community Capital was presented by NHD staff; no votes were required on that item. The meeting adjourned at 1:16 pm.
