Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • These mutual fund schemes, AMCs are worst hit by high exposure to HDFC Bank as stock crashes 5 pc- The Week
    • Rupeezy Launches Specialized Investment Funds to Bridge the Gap Between Mutual Funds and PMS
    • $500 a Month in Passive Income Is Closer Than You Think With These 4 Dividend ETFs
    • SEC Approves Nasdaq Pilot for Tokenized Stocks and Major ETFs Trading
    • 3 Dividend ETFs That Can Replace a Pension in 2026
    • Amundi and Spiko Launch SAFO: A Chainlink-Powered Tokenized Mutual Fund With $100M AUM
    • Spot Bitcoin ETFs see $163.5M outflows on macro pressure
    • A Complete Guide For Long-Term Value And Dividend Investors
    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

    Bond Funds That Have Offered Some Inflation Protection

    March 18, 2026

    Bank of Cyprus attracts strong interest from major global investment funds

    March 18, 2026

    ULIPs or Mutual Funds: The Smarter Tax-Saving Choice – Money Insights News

    March 16, 2026
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    SEC Approves Nasdaq Pilot for Tokenized Stocks and Major ETFs Trading

    March 19, 2026

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023
    Don't Miss
    Mutual Funds

    These mutual fund schemes, AMCs are worst hit by high exposure to HDFC Bank as stock crashes 5 pc- The Week

    March 19, 2026

    HDFC Bank saw its worst sell-off since Covid-19 on Thursday, causing a sharp drop in…

    Rupeezy Launches Specialized Investment Funds to Bridge the Gap Between Mutual Funds and PMS

    March 19, 2026

    $500 a Month in Passive Income Is Closer Than You Think With These 4 Dividend ETFs

    March 19, 2026

    SEC Approves Nasdaq Pilot for Tokenized Stocks and Major ETFs Trading

    March 19, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    US Crypto ETFs Record Massive $1.23B Outflows Amid Market Volatility

    October 20, 2025

    Power Grid board approves raising up to Rs 5,000 cr via bonds

    October 22, 2024

    Latecomer to LatAm ESG market moves to unlock potential

    July 12, 2024
    Our Picks

    These mutual fund schemes, AMCs are worst hit by high exposure to HDFC Bank as stock crashes 5 pc- The Week

    March 19, 2026

    Rupeezy Launches Specialized Investment Funds to Bridge the Gap Between Mutual Funds and PMS

    March 19, 2026

    $500 a Month in Passive Income Is Closer Than You Think With These 4 Dividend ETFs

    March 19, 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

    ₹10,000 monthly SIP in this mutual fund has grown to ₹1.52 crore in 22 years

    September 17, 2025
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

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