Mark Amodei (R-NV02)

Tax Staffer: Monika Konrad, monika.konrad@mail.house.gov.

District Highlights

20 projects
113,741,699 in NMTC allocation
156,925,880 total project financing
533 FTE jobs created or retained
376 construction jobs created
9 manufacturing businesses

20

projects

$113,741,699

NMTC Allocation

$156,925,880

in total project financing

533

FTE jobs

376

construction jobs

9

manufacturing and industrial businesses supported

NMTC Project Profiles (Inside the District)

Nevada Nanotech Systems, Inc.

Sparks,
NV
(2024)

Manufacturing

CDE(s): Advantage Capital

A major investment project is driving industrial growth and employment in Sparks, NV

Algorithmic Intuition, Inc.

Reno,
NV
(2023)

Manufacturing

CDE(s): Advantage Capital

Algorithmic Intuition, Inc. (“Ai2”) is a company that has developed an IoT solution that leverages machine learning algorithms and neural nets to facilitate 24/7 smart monitoring of key vitals in

Jerry Smith Community Wellness Center

Reno,
NV
(2023)

FQHCs, Healthcare

CDE(s): Accion Opportunity Fund, Raza Development Fund

Northern Nevada HOPES' new community wellness center prepares to serve 12,000 residents

Talage, Inc.

Reno,
NV
(2023)

Tech

CDE(s): Advantage Capital

Talage, Inc. (the “Company”) has developed and is selling a digital insurance platform that, among other things, enables insurance agents to sell/service commercial policies. At a high level, the Talage

Algorithmic Intuition Inc.

Reno,
NV
(2022)

Business Development, Loan Fund

CDE(s): Advantage Capital

Algorithmic Intuition is a start-up that provides technology solutions to assist with elderly patient monitoring. The solution is cost effective, hardware light, and non-invasive. This project provided Algorithmic Intuition with

Elko Healthcare

Elko,
NV
(2020)

Community, FQHCs, Healthcare, Office, Retail, Retail and Commercial

CDE(s): AMCREF Community Capital, Central States Development Partners, Clearinghouse CDFI, Petros Community Impact Fund, Prestamos CDFI

NMTC financing was used to support the development of a new multi-disciplinary surgery and health center in rural Nevada.

Algorithmic Intuition

Reno,
NV
(2020)

Community, Healthcare

CDE(s): Advantage Capital

Working capital to obtain 510K approval to bill Medicare/Medicaid and launch their marketing and sales team.

Nevada Nanotech Systems

Sparks,
NV
(2020)

Business Development, Manufacturing

CDE(s): Advantage Capital

Working capital for a manufacturer of MEMs sensors to continue product commercialization and development and to add jobs.

Northern Nevada Hopes

Reno,
NV
(2015)

Community, FQHCs, Healthcare

CDE(s): AI Wainwright, Clearinghouse CDFI, Enhanced Capital

In early 2016, HOPES completed the new three-story facility called the Stacie Mathewson Community Wellness Center.

Vineburg Machine

Mound House,
NV
(2014)

Business Development, Machine Shops and Metal Fabrication, Manufacturing, Rural

CDE(s): Advantage Capital

New equipment purchases helped a machine shop retain its 36 current employees and create 10 additional jobs.

Washoe Travel Plaza

Gardnerville,
NV
(2015)

Business Development, Retail, Retail and Commercial, Rural, Targeted Populations

CDE(s): Clearinghouse CDFI

Washoe Travel Plaza is a first-of-its-kind NMTC project located on the Washoe Native American reservation in Nevada.