Nehemiah Corporation of America
Nehemiah Corporation of America is a non-profit organization based in Sacramento, California specializing in homeownership, affordable housing and community development. It started in 1994 as a small organization, but grew to prominence later in the 1990s after it developed a program that allowed home buyers to make down payments on their purchases using funds that were derived from the home sellers. This program, the Nehemiah Program, became popular and was widely emulated, giving birth to what came to be known as the seller-funded down-payment assistance industry. The industry attracted criticism from U.S. federal agencies (particularly the Government Accountability Office and the Internal Revenue Service) and was ultimately shut down in 2008 by a change in federal law.
Nevada Power Company
Nevada Power was founded on March 20, 1906 as Consolidated Power and Telephone, the electric and telephone company for the year-old town of Las Vegas. It split into two companies in 1929. The telephone company, Southern Nevada Telephone Company, eventually was acquired by Centel. It was later owned by Sprint and Embarq, and is now part of CenturyLink. The power company became Southern Nevada Power. In 1937, it became the first utility to receive power from the Hoover Dam. As the Las Vegas Valley boomed in the 1950s, its power needs exceeded the power available from the dam, and Southern Nevada Power began building its own steam turbines. After buying the Elko-Lamoille Power Company, it was renamed Nevada Power in 1961. A year later, it became the first Nevada company on the New York Stock Exchange.