Nevada State Treasurer Zach Conine announced today that the State of Nevada will have up to $1.26 billion in bond affordability.
This will allow the state to help support capital projects and programs between 2025 and 2027.
This is the largest affordability amount in Nevada's history; with it the state will be able to issue general obligation bonds that will create jobs in the building and construction trades, as well as provide support for affordable housing and economic development.
The report released by the treasurer says that this is the result of Nevada's excellent financial management, and the Treasury's record-breaking debt management and investment performance.
This affordability calculation is estimated to result in more than 6,900 construction jobs and almost 14,000 supplier jobs.
