Nevada Administrative Code
Chapter 319 - Assistance to Finance Housing
ACCOUNT FOR LOW-INCOME HOUSING
Section 319.912 - Balance required before distribution; notice of solicitation of proposals; deadline for submission of proposals
Universal Citation: NV Admin Code 319.912
Current through February 27, 2024
1. Money will not be allocated from the Account until there is $1,500,000 available for distribution in the Account.
2. Upon the initial accumulation of $1,000,000 in the Account, the Division will give public notice of a solicitation of each proposal for a project. The notice will specify:
(a) The amount of money available for distribution in that round of funding, including the amount of each local share;
(b) Where and in what form a proposal must be submitted;
(c) The deadline for the submission of a proposal to the Division;
(d) The amount of the application fee, if any, that must be submitted with the proposal;
(e) The criteria used by the Division to evaluate a proposal; and
(f) The expected schedule for the Division's review and approval or denial of a proposal.
3. The deadline for the submission of a proposal to the Division will be at least 90 days after the date of the public notice.
Added to NAC by Housing Div., eff. 6-20-90; A by R001-02, 6-28-2002
NRS 319.140, 319.520
Disclaimer: These regulations may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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