Nev. Admin. Code § 319.711 - Priorities for allocation of volume cap for projects
1.
Except as otherwise provided in this section, when allocating volume cap, the
Division shall give priority to senior projects and special needs projects if
the Division determines that there is a need for such projects.
2. A local government may establish a
priority for the allocation of volume cap for projects proposed by the local
government. If a local government has established a priority for allocation and
if the Division has determined that it has sufficient volume cap for projects
to supplement volume cap on all projects submitted by a local government, the
Division shall apply the priority of the local government to all projects
proposed by the local government when allocating volume cap to the projects of
the local government. If the Division has determined that it does not have
sufficient volume cap to supplement volume cap on all projects submitted by a
local government, the Division:
(a) May give
priority to senior projects or special needs projects; and
(b) Shall not finance family projects
proposed by the local government until the Division has sufficient volume cap
to supplement volume cap for those projects.
3. The Division may allocate volume cap to
finance a project submitted by a local government if the local government does
not have:
(a) Sufficient volume cap; or
(b) Volume cap to contribute to the
project and the local government is in support of the
project.
4. As used in
this section, "family project" means a project for housing that does not
discriminate as to family size, age of head of household or dependents, or
marital status of the residents.
Notes
NRS 319.140
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