Title 25

NRS 319.430 Ending upon expiration: Notice; meeting; penalty for failure to provide notice; regulations. 1. An owner who intends to end the affordability restriction on a project upon the expiration of the affordability restriction shall provide written notice to: (a) The governi…

NRS 319.440 Maintenance after expiration: Notice; annual report; notice for subsequent ending; regulations. 1. If an owner of a project intends to maintain an affordability restriction on a project after the expiration of the affordability restriction, the owner must: (a) Provide…

NRS 319.500 Creation; investment of money; claims. 1. There is hereby created in the State General Fund the Account for Affordable Housing, to be administered by the Division. All money that is collected for the use of the Account from any source, including pursuant to a specific…

NRS 319.510 Use and distribution of money in Account. 1. Except as otherwise provided in subsection 2, money deposited in the Account for Affordable Housing must be used: (a) For the acquisition, construction or rehabilitation of affordable housing for eligible families by public…

NRS 319.520 Regulations concerning distribution and use of money in Account; requirements for recipient of money. 1. The Administrator shall consult with representatives of housing authorities, organizations of persons with low income, providers of housing, financial institutions…

NRS 319.530 Pets must be allowed in housing acquired, constructed or rehabilitated with money from Account; limitations; service animals and service animals in training. 1. A tenant of housing acquired, constructed or rehabilitated with any money from the Account for Affordable H…

NRS 319.600 Grant program; requirements; regulations; report. 1. The Division shall develop and implement a supportive housing grant program for the purpose of awarding grants for the development of supportive housing and the provision of supportive housing services. The program …

NRS 319.610 Nevada Supportive Housing Development Account: Creation; gifts, grants and donations; interest; use; nonreversion. 1. The Nevada Supportive Housing Development Account is hereby created in the State General Fund. 2. The Division may accept gifts, bequests, grants, app…

NRS 319.700 Definitions. As used in NRS 319.700 to 319.770, inclusive, unless the context otherwise requires, the words and terms defined in NRS 319.705 to 319.730, inclusive, have the meanings ascribed to them in those sections. (Added to NRS by 2025, 2779)

NRS 319.705 “Attainable housing” defined. “Attainable housing” has the meaning ascribed to it in NRS 278.0105. (Added to NRS by 2025, 2779)

NRS 319.710 “Attainable housing project” defined. “Attainable housing project” means any project or program that receives a grant of money from the Nevada Attainable Housing Account pursuant to NRS 319.740. (Added to NRS by 2025, 2779)

NRS 319.715 “Council” defined. “Council” means the Nevada Attainable Housing Council created by NRS 319.760. (Added to NRS by 2025, 2779)

NRS 319.720 “Eligible entity” defined. “Eligible entity” means a person or entity that is eligible to receive money from the Nevada Attainable Housing Account in accordance with the allocation plan for attainable housing adopted by the Administrator pursuant to NRS 319.745. The t…

NRS 319.725 “Essential worker” defined. “Essential worker” means a person employed in: 1. Health care; 2. Education; 3. Public safety; 4. Construction labor; or 5. Any other industry that is a critical sector of employment in this State, as determined by executive order of the Go…

NRS 319.730 “Nevada Attainable Housing Account” defined. “Nevada Attainable Housing Account” or “Account” means the Nevada Attainable Housing Account created by NRS 319.735. (Added to NRS by 2025, 2780)

NRS 319.735 Creation; administration of Account; interest and income; nonreversion. [Effective through December 31, 2029.] 1. The Nevada Attainable Housing Account is hereby created in the State General Fund. All money that is collected for the use of the Account from any source …

NRS 319.740 Use and distribution of money in Account; requirements for recipient of money. 1. Except as otherwise provided in this section, money in the Account may be distributed by the Division, in consultation with the Council, to eligible entities for expenditures relating to…

NRS 319.745 Allocation plan. 1. For each calendar year, the Administrator shall adopt an allocation plan for disbursing money from the Nevada Attainable Housing Account for attainable housing. A disbursement of money from the Account must comply with the allocation plan for the c…

NRS 319.750 Responsibility of eligible entity to provide or secure matching funds. An eligible entity must provide or secure matching funds in an amount that is not less than the amount of money awarded to the eligible entity from the Account. Such matching funds may come from, w…

NRS 319.755 Annual report to Interim Finance Committee. 1. The Division shall submit a report to the Interim Finance Committee for consideration at the last meeting of each fiscal year and the last meeting of each calendar year relating to the Nevada Attainable Housing Account. 2…

NRS 319.760 Nevada Attainable Housing Council: Creation; membership; terms of members; vacancies; per diem allowance and travel expenses; administrative support. 1. The Nevada Attainable Housing Council is hereby created to provide oversight and strategic guidance for the adminis…

NRS 319.765 Nevada Attainable Housing Council: Duties. The Nevada Attainable Housing Council shall: 1. Review and comment on: (a) The annual housing progress report compiled by the Division pursuant to NRS 278.235; (b) The reports compiled by the Division pursuant to NRS 278.237;…

NRS 319.770 Procedures for members of Nevada Attainable Housing Council to disclose certain financial interests. The Division shall establish procedures to ensure that any member of the Council discloses any direct or indirect financial interest in an attainable housing project o…

NRS 319.900 False statements; penalty. Any person who knowingly makes or causes to be made, either directly or indirectly, or through any agency whatsoever, any false statement in writing concerning an applicant’s income, employment, financial position, the size of the applicant’…