Loans

Applications are being sought by the USDA from rural small businesses and agriculture producers looking to make energy efficiency improvements and renewable energy installations, U.S. Agriculture Secretary Tom Vilsack announced Monday. Up to $12.3 million in grants and $57.8 million in loan guarantees are available nationwide.

CARSON CITY - Economic development authorities, nonprofits and towns in rural Nevada that want to support rural business or create a revolving loan fund for business may now apply for USDA Rural Development’s Rural Business Enterprise Grant (RBEG). An estimated $82,060 is available. Applications are due by June 30, 2014.

Economic development authorities, nonprofits and towns in rural Nevada that want to support rural business or create a revolving loan fund for business may now apply for USDA Rural Development’s Rural Business Enterprise Grant. An estimated $82,060 is available. Applications are due by June 30, 2014.

The purpose of the RBEG is to support the creation and growth of sustainable rural business opportunities and jobs. Eligible entities are public bodies, private nonprofit corporations, rural development authorities, and federally recognized tribes. Individual businesses are not eligible.

Nevada State Development Corporation partnered with Wells Fargo Bank to assist Foster Machining with an SBA 504 loan, allowing the machine shop to buy a new building at 5070 Sigstrom in Carson City.

Co-owner Scott Foster — who runs Foster Machining with his brother Timothy — said the company outgrew the 7,500 square-foot space it was renting, and turned to NSDC to buy a building that could more comfortably house its 20 employees and the shop and office space they needed.

The Nevada Rural Housing Authority will host a free Homebuyer’s Expo on Saturday, April 5, from 10:30 a.m. to 2:30 p.m. in the Ponderosa Room at John Ascuaga’s Nugget, 1100 Nugget Ave, Sparks.

The Expo is designed to educate prospective homeowners on what goes into buying a house, as well as maintaining the home after purchase. There will be presenters from NRHA, as well as lenders, builders, title companies and non-profit partners.

The Mayor said he would like our Board of Supervisors to approve a 1/8 cent sales tax increase. I’d like you to tell them to vote “NO.”

Not because we can’t afford the average $12.50 per family increase and not because none of the projects are worthwhile. It is because the Mayor and a few of our Supervisors have demonstrated that their vision of Carson City is one where an increased cost of living, increased debt, and increased long term fiscal obligations should be our future.

With a drought disaster declared last month for all Nevada counties by the U.S. Secretary of Agriculture, the Small Business Administration is now accepting applications for their Economic Injury Disaster Loan program for all small, nonfarm businesses that has been impacted or injured by the drought.

The U.S. Department of Agriculture has designated nine counties in Nevada as primary natural disaster areas due to the drought. The counties included are Lyon, Washoe, Churchill, Mineral, Lander, Pershing, Clark, Nye and Humboldt.

Farmers and ranchers in Carson City, Douglas and Storey counties as well as Esmeralda, Lincoln, White Pine, Elko and Eureka counties also qualify for natural disaster assistance because their counties are contiguous.

The drought experienced this spring and summer has prompted the U.S. Small Business Administration to offer low-interest federal disaster loans to small, non-farm businesses in Carson City, Lyon County as well as Storey and Washoe counties.

These loans that must be applied for would offset economic losses because of reduced revenues caused by the drought experienced from May 20 to July 14, 2013, said Alfred E. Judd, director of SBA’s Disaster Field Operations Center ‑ West.

Gov. Brian Sandoval ordered the 27^th Special Session during the predawn hours of Tuesday. Legislators worked through the morning to pass five measures, including one that will allow the Board of County Commissioners in Clark County to raise the Sales and Use Tax in order to fund the hiring of additional police officers.

Mother’s Day is this Sunday and in honor of mother’s, daughters, sisters, aunts, and all women, it is interesting to note how far women have come in just a few short decades when it comes to home ownership.

In 1968, the federal Fair Housing Act was passed making it illegal to discriminate on the basis of race, color, religion or national origin when renting or selling a home. In 1974, the Fair Housing Act was amended to prohibit housing discrimination on the basis of sex. Prior to that time, women (as well as minorities) found it nearly impossible to obtain credit or to buy a home.

Carson City and nearby Douglas County as well as Esmerelda and White Pine counties have been designated disaster areas due to damages and losses caused by recent drought, the U.S. Department of Agriculture confirms today in a news release.

And the following California counties contiguous to Nevada have also been declared disaster areas because of drought conditions: Alpine, El Dorado, Inyo, Mono and Placer.

Friday, Jan. 18 is the deadline for qualified borrowers who lost their homes in foreclosure to file claims for a one-time payment under the $25 billion national mortgage foreclosure settlement, Nevada Attorney General Catherine Cortez Masto said.

Sometimes it takes a while to get the big picture, to see things coming into focus. Now, I am not much for conspiracy theories, but if anything looks like it is being driven by design, this is one. The theories driving it were formulated many lifetimes ago. The people whose sick minds spawned them are long dead. For the life of me I do not understand how any egomaniac could possibly get his jollies from a trend he might have started but maybe not even his great-grandson might see coming to fruition. But there it is, a hundred year timeline on several fronts.

Destruction of money


Greater Nevada Credit Union announced that it has three positions available on the Board of Directors for three-year terms beginning March 19, 2013. Applications for the three positions are being accepted until November 12, 2012.

The Board of Directors sets the strategic course for the credit union and oversees its general activities. Directors serve as volunteers and therefore receive no compensation. However, Greater Nevada does cover the costs of training that its Directors may need in order to be more effective. To qualify for nomination as a Director, a Greater Nevada member must:

A popular, new program offered by the Nevada Rural Housing Authority (NRHA) is making home ownership even more affordable. Through the Home at Last™ Access program, qualified home buyers receive a generous 4 percent down payment grant, which does not have to be paid back.

Now, the program is offering even lower mortgage interest rates on a conventional, 30-year fixed rate loan. Through participating lenders, the interest rates on FHA, VA or USDA-RD home mortgages have dropped from 3.75 percent to the current rate of 3.5 percent, which is an historic low.

RBS Financial Products will pay a $42 million settlement to resolve an investigation into the firm’s role in purchasing and securitizing subprime and payment option adjustable rate mortgages in Nevada.
The assurance of discontinuance, filed in Eighth Judicial District Court, requires RBSFP to commit to certain changes in its practices to the extent it securitizes Nevada mortgages and to pay the State $42 million to be used for payments to affected borrowers, mortgage fraud enforcement, and foreclosure prevention, and attorney’s fees and costs.

Carson City Library Director Sara Jones was named the 2012 Nevada Library Association’s (NLA) Librarian of the Year at its 67th annual conference, held Oct. 4 & 5 at the Sahara West Library in Las Vegas. Jones joins the ranks of an elite group of librarians recognized for effective advancement and extension of library services; exemplary library management; notable activity in recruitment to the profession; statewide planning and for broadening the scope of library and information service to the community.

CARSON CITY – Nevada is among the states with the highest amount of government debt per capita at $14,949, according to a new report from State Budget Solutions (SBS), a non-partisan advocate for state budget reform.

The level of debt put Nevada at 37^th highest among the states.

USDA Rural Development State Director Sarah Adler announced the spending

From the Carson City sample ballot for the general election on November 6:

Question CC1.

"Shall Carson City, Nevada, be authorized to impose an additional sales tax of up to ¼ of 1 percent pursuant to NRS Chapter 377A to finance the design, construction, and maintenance of a library and public plaza park in the downtown on lands donated by the Hop and Mae Adams Foundation?"

Where to begin....

CARSON CITY – Nevada today affirmed the U.S. Department of Agriculture’s automatic drought disaster declaration, which applies to all 17 Nevada counties.

LAS VEGAS – State senate Majority Leader and 4th Congressional District candidate Steven Horsford, D-North Las Vegas, said he supports the federal health care law that was upheld by the U.S. Supreme Court in late June.

CARSON CITY – The deadline for a free, federal independent foreclosure review for Nevadans whose homes were in foreclosure in 2009 or 2010 has been extended to Sept. 30, 2012, Attorney General Catherine Cortez Masto said today.

The previous deadline was July 31.

The Carson City Board of Supervisors will be discussing on Thursday an amendment to the previous redevelopment incentive loan package offered to Micheal Hohl Motors to keep the company's three dealerships in the county.

The company has already received $2.4 million in redevelopment funds that was used to help build the new Honda and Subaru dealerships on South Carson Street, and is preparing to take out the remaining $2.4 million for remodeling of the GM dealership.

RENO – President Barack Obama made a brief stopover here today, visiting with a couple who refinanced their home through a White House initiative helping underwater homeowners who have government-backed loans.

After meeting with Paul and Valerie Keller, Obama urged Congress to expand the Home Affordable Refinancing Program (HARP) to other mortgages as well.

A group of young men and women who are walking across the country to raise awareness for the DREAM Act made a stop in Carson City on Wednesday, in an unsuccessful attempt to elicit support from Nevada Gov. Brian Sandoval.

The Campaign For An American DREAM walkers each have their life stories about how they or their family members came to this country as children, but now face deportation because of their immigration status.

A dozen Carson High School Students recently learned the importance of building and maintaining good credit. The goal was to provide knowledge that would make them more savvy borrowers.

Four 90-minute classes held January 26 and 27 were taught by Jesse Hartford, Consumer Loan Specialist, and Jackie Tilton, Consumer Loan Processer, both from Greater Nevada Credit Union (GNCU). Topics included interest rates and accruals and different types of loans.

Prospective students, parents and community members are invited to explore the reality of customized teaching and learning during the Spring 2012 Custom Learning Academy (CLA) Open House in Truckee from 6 to 7:30 p.m. on Wednesday, March 21. CLA employs a highly personalized approach to education, offers national standard-based curriculum tailored to the individual needs of each student and is fully accredited by the Western Association of Schools and Colleges (WASC).

CARSON CITY – When state Sen. Greg Brower asked the Attorney General’s office earlier this month about the $6 million in outside legal costs incurred so far in defending the state in a freeway construction dispute, he said his motives were purely fiscal in nature.