CLARK COUNTY, Nev.--Nevada Assembly Speaker Steve Yeager has appointed Clark County CU CEO Matt Kershaw to serve on the board of directors for the Nevada State Infrastructure Bank, the Nevada CU League reported.
As a representative on the infrastructure bank’s board, Kershaw will support the mission of being the boutique lending facility of first choice for innovative special projects across Nevada — including being a funding source for various transportation, utility, housing, and education projects.
The bank is a financing tool that was created to provide loans and other financial assistance to various units of state and local government for development, construction, repair, improvement, maintenance, decommissioning, operation, and ownership of certain facilities and infrastructure. Through public-private partnerships, direct loans and credit enhancement products are offered to help finance these special projects.