Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Mutual funds clock record Rs 87 lakh crore AUM; SIP flows peak at Rs 32,297 crore
    • Zedcrest tops equity funds despite August pullback
    • US equity mutual funds record largest underweight in AI equities
    • Indian households’ savings mix shifts: Mutual funds and equity gain, insurance flows weaken — what it means
    • How Cryptocurrency ETFs Evolved in 2026
    • Zcash Surges 6.3% on ETFs, Privacy Narrative, Technicals | Top Stories
    • Domestic investors are shifting more mutual-fund money into small and mid-cap stocks: Elara Capital
    • 3 Monthly Income ETFs to Buy Once That Have Paid You Every Single Month for More Than a Decade
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Funds»$375M in public land sales to fund 36 recreation and restoration projects in Nevada and California • Nevada Current
    Funds

    $375M in public land sales to fund 36 recreation and restoration projects in Nevada and California • Nevada Current

    October 30, 2024


    Federal funding generated from the sale of public land in Nevada will be used to finance 36 projects aimed at enhancing recreation and restoration projects across Nevada and the California side of the Lake Tahoe Basin.

    The Department of the Interior announced Tuesday that $375 million, sourced from land sales under the Southern Nevada Public Land Management Act (SNPLMA), will be split between several projects to enhance recreation opportunities, fund capital improvements, conserve wildlife habitat, and reduce the threat of wildfire across the state.

    Since its inception in 1998, SNPLMA – implemented by the Bureau of Land Management – has generated over $3.5 billion from the auction of about 18,000 acres of public land in the Las Vegas Valley. 

    Those sales have fueled 20 rounds of funding for 179 projects in Nevada, the Lake Tahoe Basin, and areas within Lake Mead National Recreation Area in Arizona. The law initially authorized the sale of nearly 68,000 acres in Clark County, roughly 23,000 of which have been sold over SNPLMA’s 26-year history.

    “This program supports jobs and local economies, improves recreation in rural and underserved areas, and aligns with our commitment to conserve at least 30% of U.S. lands and waters by 2030 under the America the Beautiful initiative,” said Acting Deputy Secretary Laura Daniel-Davis.

    A majority of the funding, $235 million, was earmarked to support the development of parks, trails, and conservation areas across Nevada. 

    A portion of that $235 million will be used to acquire about 19 acres of private land on the east slope of the Sierra Nevada Carson Range within the Humboldt-Toiyabe National Forest in Area. The purchase is expected to help protect sensitive species, such as California spotted owl, flammulated owl, and northern goshawk, while expanding recreation access to public lands. 

    Funding from Clark County land sales will also be used to fund a desert tortoise population density survey at the Boulder City Conservation Easement site that will examine if the site can support more desert tortoise relocations. 

    Under the Clark County Multiple Species Habitat Conservation Plan tortoises removed from sprawling construction sites are relocated to approved sites, including the Boulder City Conservation Easement site, which received a transfer of 51 juvenile desert tortoises last year. 

    About $23 million in funding will also be used to finance five conservation initiatives, including promoting native plants for restoration and water conservation in Las Vegas, managing illegal roads at the Lake Mead National Recreation Area, developing water guzzlers for Bighorn Sheep at the Desert National Wildlife Refuge, and native trout conservation. 

    Federal land managers approved $25 million in funding for five projects related to hazardous fuel reduction and wildfire prevention in the Lake Tahoe Basin, Carson City, and the Spring Mountains National Recreation Area.

    The Eastern Nevada Landscape Restoration Project in White Pine and Lincoln Counties also received nearly $5 million in funding, which provides funds to promote healthy ecosystems within the Great Basin with an emphasis on treating shrub-steppe, pinyon-juniper and riparian ecosystems. 



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Deutsche Bank’s asset manager explores curbs on German property funds

    September 21, 2026

    Multi-asset allocation funds see ₹3,671 crore inflow in August; 3-year returns touch 18.5%

    September 21, 2026

    Empowered Funds LLC Announces Amended Liquidation Date for ETFs

    September 18, 2026
    Leave A Reply Cancel Reply

    Top Posts

    Mutual funds clock record Rs 87 lakh crore AUM; SIP flows peak at Rs 32,297 crore

    September 23, 2026

    Zcash Surges 6.3% on ETFs, Privacy Narrative, Technicals | Top Stories

    September 22, 2026

    Zedcrest tops equity funds despite August pullback

    September 23, 2026

    How Cryptocurrency ETFs Evolved in 2026

    September 22, 2026
    Don't Miss
    Mutual Funds

    Mutual funds clock record Rs 87 lakh crore AUM; SIP flows peak at Rs 32,297 crore

    September 23, 2026

    Mutual funds industry hits record Rs 87 lakh crore AUM India’s mutual fund industry reached…

    Zedcrest tops equity funds despite August pullback

    September 23, 2026

    US equity mutual funds record largest underweight in AI equities

    September 22, 2026

    Indian households’ savings mix shifts: Mutual funds and equity gain, insurance flows weaken — what it means

    September 22, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Bitcoin ETFs Hit With $278 Outflows Amid Trump-Musk Feud

    June 6, 2025

    Dodge & Cox Global Bond Fund Q2 2024 Commentary (DODLX)

    July 27, 2024

    New mortgage rules to boost luxury housing market, experts say

    October 17, 2024
    Our Picks

    Mutual funds clock record Rs 87 lakh crore AUM; SIP flows peak at Rs 32,297 crore

    September 23, 2026

    Zedcrest tops equity funds despite August pullback

    September 23, 2026

    US equity mutual funds record largest underweight in AI equities

    September 22, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    🇮🇸 CPP Investments and Equinix complete atNorth acquisition to support growth of leading Nordic data center platform

    September 1, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.