Nevada Administrative Code
Chapter 319 - Assistance to Finance Housing
EMPLOYER-ASSISTED HOUSING PROGRAMS
Section 319.492 - "Eligible borrower" defined
Universal Citation: NV Admin Code 319.492
Current through December 12, 2024
"Eligible borrower" means a person who:
1. Is a member of a participating employee group;
2. Is a member of an eligible family as defined in NRS 319.060;
3. Has a household income that does not exceed 170 percent of the median income for the area in which the home is located, unless the Division approves a higher limit; and
4. Completes a homebuyer education class approved by the Division that is in accordance with the homebuyer education topics, guidelines and protocols of the United States Department of Housing and Urban Development.
Added to NAC by Housing Div. by R192-08, eff. 12-17-2008
NRS 319.140, § 3 of ch. 348, Stats. 2007
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.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
