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Agenda Item
16. Recommendation to approve a resolution transferring Washoe County's 2023 pro-rata share of the State of Nevada's Private Activity Bonding Authority ($6,889,172.03) to the Director of the State of Nevada Department of Building and Industry to support the development of affordable housing projects, specifically the construction of a multifamily housing project of approximately 240 affordable housing units, with rent amount restricted to 60% of Area Median Income or below located off of Chocolate Drive in Sun Valley, Nevada, and to authorize the chair to sign the resolution. (APN: 502-250-09 and 502-250-10, Applicant: Pedcor Investments, LLC. Project property owner) Manager's Office. (All Commission Districts.) FOR POSSIBLE ACTION