Transforming West Las Vegas

Revitalizing West Las Vegas: The Revolution Wealth OZ Fund is dedicated to the revitalization of West Las Vegas through targeted investments that stimulate economic growth, foster sustainability, and drive innovation. The fund seeks to transform the area into a vibrant, self-sustaining community where residents can thrive. This transformation will be achieved by addressing the critical needs of the community, such as affordable housing, job creation, and access to renewable energy, while preserving the cultural heritage of West Las Vegas.

Economic Empowerment: At the heart of the fund’s mission is economic empowerment. By establishing Family Wealth Trusts and ensuring that residents have a direct stake in the community’s success, the fund aims to create a model of inclusive growth where wealth is not just generated but also equitably distributed. Local entrepreneurs and small businesses will receive support to expand, innovate, and create jobs, contributing to a robust and diverse local economy.

Sustainability: Sustainability is a core pillar of the West Las Vegas transformation. The fund is committed to developing green infrastructure and renewable energy projects that reduce the community’s carbon footprint and provide long-term environmental benefits. The integration of a 5 MW solar energy prototype, in partnership with the Nevada Clean Energy Fund (NCEF), is a key initiative that will position West Las Vegas as a leader in sustainable urban development.

Innovation: Innovation will drive the revitalization of West Las Vegas, with a focus on leveraging new technologies to improve the quality of life for residents. From smart energy grids to digital platforms that enhance community engagement, the fund is committed to bringing cutting-edge solutions to the forefront of the development process. This commitment to innovation ensures that West Las Vegas will be a forward-looking community, equipped to meet the challenges of the future.

Core Objectives

Establishment of Family Wealth Trusts: One of the cornerstone initiatives of the Revolution Wealth OZ Fund is the establishment of Family Wealth Trusts for each household in West Las Vegas. These trusts will provide residents with a direct financial stake in the community’s development, allowing them to benefit from the growth and prosperity generated by the fund’s investments. The Family Wealth Trusts are designed to create long-term wealth for residents, ensuring that the economic gains from the revitalization efforts are shared equitably.

Formation of the Community Development Entity (CDE) – 1 Trust 1 Vote System: The fund will establish a Community Development Entity (CDE) that will serve as the governing body for local projects and investments. The CDE will operate on a “1 Trust 1 Vote” system, ensuring that every Family Wealth Trust has an equal say in the decision-making process. This democratic approach empowers residents to take an active role in shaping the future of their community, fostering a sense of ownership and accountability.

Development of a 5 MW Solar Energy Prototype in Collaboration with NCEF: In collaboration with the Nevada Clean Energy Fund (NCEF), the fund will develop a 5 MW solar energy prototype to serve as a model for sustainable energy generation in West Las Vegas. This project will not only provide clean, renewable energy to the community but also create jobs and training opportunities in the growing field of renewable energy. The solar prototype is a critical component of the fund’s commitment to sustainability, reducing the community’s reliance on non-renewable energy sources and lowering overall energy costs for residents.

Long-Term Impact

Job Creation and Economic Growth: The Revolution Wealth OZ Fund is projected to generate significant job growth in West Las Vegas by supporting local businesses, attracting new industries, and investing in infrastructure projects. The fund’s initiatives are expected to create thousands of jobs across various sectors, from construction and renewable energy to technology and retail. This job creation will stimulate economic growth, increase household incomes, and improve the overall standard of living for residents.

Community Benefits: Beyond economic growth, the fund is committed to enhancing the quality of life in West Las Vegas through investments in education, healthcare, and public spaces. The development of new schools, health clinics, and community centers will provide residents with access to essential services, while improvements to parks and public spaces will create a more livable, vibrant environment. The establishment of the CDE will ensure that these benefits are distributed equitably, with a focus on meeting the needs of all residents.

Environmental Sustainability Goals: The long-term environmental sustainability goals of the fund include reducing carbon emissions, increasing energy efficiency, and promoting the use of renewable energy sources. The 5 MW solar energy prototype is just the beginning; the fund plans to expand its renewable energy initiatives, with the ultimate goal of making West Las Vegas a carbon-neutral community. Additionally, green building practices and sustainable urban planning will be prioritized in all development projects, ensuring that West Las Vegas remains environmentally resilient for generations to come