FEB 22 2022 / ISSUE NO. 12 / ARCHIVE
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This Week’s Top Stories
- Nevada Housing Division Announced $300.7 million Tax-Exempt Bond For Affordable Housing Projects
Fourteen affordable housing projects totaling 2,898 units are currently under construction. These projects are located in Reno, Las Vegas, and North Las Vegas and contain a mix of senior and family complexes, and new construction and rehabilitated units. Nine of these developments, totaling 2,153 units, are projected for completion in 2022 or early 2023. The remaining projects are projected for completion in early 2024. - City Council Awards More Than $121 Million In American Rescue Plan Act Funds for Affordable Housing, Nonprofits, Businesses And Pandemic Response
The funds were divided into four categories, with 20% going toward affordable housing projects, 20% to businesses, 20% to pandemic response and 40% to nonprofit organizations. The city received these funds from the federal government in 2021 and the money must be spent by Dec. 31, 2024. - 2021 Gaming Revenue Set New Record of $53 Billion, 21% Higher Than 2019’s Previous All-Time High
Nevada ranks the #1 state in commercial gaming, generating $13.4 Billion in 2021, 70.6% increases from 2020 and 11.6% increases from 2019. Pennsylvania ranks #2 with $4.8 billion and New Jersey ranks #3 with $4.7 billion in 2021.
Nevada State Line, 1955
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Nevada State Line, 1955 pic.twitter.com/LvpkJsMQjD
— Vintage Las Vegas (@summacorp) July 18, 2020
Commercial Real Estate
Econ and Finance
- LVGEA Announces State Of Economic Development Speakers
Hotel and Gaming
Government
- Las Vegas City Council Approved UNLV New Hotel in Medical District
Community
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About Us
Vegas Business Digest is a forward-thinking, local publication that focuses on Las Vegas business news and community. Our mission is to document the stories of our city and help making our hometown better.
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