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NRS 319.020 - Legislative findings and declaration; liberal construction. - The Legislature finds and declares that: 1. There exists a...
NRS 319.030 - Definitions. - As used in this chapter, the words and terms defined...
NRS 319.040 - "Administrator" defined. - "Administrator" means the Administrator of the Division. (Added to NRS...
NRS 319.042 - "Affordable housing" defined. - "Affordable housing" has the meaning ascribed to it in NRS...
NRS 319.045 - "Collateralized mortgage obligation" defined. - "Collateralized mortgage obligation" means an obligation which represents an interest...
NRS 319.050 - "Division" defined. - "Division" means the Housing Division of the Department of Business...
NRS 319.060 - "Eligible family" defined. - "Eligible family" means a person or family, selected without regard...
NRS 319.070 - "Governmental agency" defined. - "Governmental agency" means the United States of America, this state...
NRS 319.090 - "Lending institution" defined. - "Lending institution" means any bank or trust company, Federal National...
NRS 319.100 - "Mortgage" defined. - "Mortgage" means a mortgage deed, deed of trust or other...
NRS 319.110 - "Mortgage loan" defined. - "Mortgage loan" means an interest-bearing obligation secured by a mortgage...
NRS 319.115 - "Person with a disability" defined. - "Person with a disability" has the meaning ascribed to it...
NRS 319.120 - "Real property" defined. - "Real property" means all lands, including rights to space above...
NRS 319.130 - "Residential housing" defined. - "Residential housing" means one or more new or existing residential...
NRS 319.135 - "Sponsor" defined. - "Sponsor" means any natural person, association, corporation, joint venture, partnership,...
NRS 319.140 - General powers and duties of Division; audit; exemption from State Purchasing Act. - 1. The Division shall administer the provisions of this chapter....
NRS 319.141 - Housing Advocate: Creation of position; appointment; classification; qualifications; duties; removal. - 1. The Housing Advocate is hereby created within the Division....
NRS 319.143 - Division required to create and maintain statewide low-income housing database; certain owners of multifamily residential property required to submit quarterly report to Division; regulations. - 1. The Division shall create and maintain a statewide low-income...
NRS 319.145 - Designation as housing credit agency; authority to administer HOME Investment Partnership Act; duty to administer program to increase efficiency in use of energy in dwellings owned or occupied by persons of low income. - 1. The Division is hereby designated as the housing credit...
NRS 319.147 - Certification of assisted living facilities: Requirements; regulations. - 1. The Division shall certify an assisted living facility for...
NRS 319.167 - Division may enter into instruments, agreements and other transactions for certain purposes. - 1. Upon the approval of the State Board of Finance,...
NRS 319.169 - Account for Housing Inspection and Compliance: Creation; administration; deposits; interest and income; claims; uses established by regulation. - 1. The Account for Housing Inspection and Compliance is hereby...
NRS 319.170 - Funds and accounts; investments and deposits. - Except as otherwise provided in NRS 319.169 and 319.500, the...
NRS 319.171 - Investment in collateralized mortgage obligations or trusts. - Except as otherwise provided in NRS 319.169 and 319.500, the...
NRS 319.172 - Authority to make loans of investment securities. - 1. The Division may lend any securities in which it...
NRS 319.174 - Advisory Committee on Housing: Creation; members; terms; vacancies; Chair; meetings; duties. - 1. There is hereby created the Advisory Committee on Housing,...
NRS 319.190 - Authority to make loans and issue letters of credit. - 1. The Division may make, undertake commitments to make and...
NRS 319.200 - Terms and conditions of mortgage loan. - Any mortgage loan made by the Division must be secured...
NRS 319.210 - Investment in mortgages. - 1. The Division may: (a) Invest in, purchase or make...
NRS 319.220 - Mortgages in default: Foreclosure; modification of terms. - The Division may: 1. Renegotiate, refinance or foreclose, or contract...
NRS 319.230 - Loans to or purchase of securities from lending institutions; collateral. - 1. The Division may: (a) Make loans to lending institutions...
NRS 319.235 - Financing rental sites for mobile homes and equipment for conservation of energy in residential dwelling units. - The Division may finance, through the use of any power...
NRS 319.240 - Lending fees and charges. - The Division may charge and collect such fees and charges...
NRS 319.250 - Insurance. - The Division may procure insurance against any loss in connection...
NRS 319.260 - Prerequisites to financing residential housing. - The Division shall not finance any residential housing unless, prior...
NRS 319.265 - Requirements for regulations adopted by Division that establish program for financing certain residential housing projects. - 1. If the Division adopts regulations which establish a program...
NRS 319.270 - Notes and bonds: Issuance; limitation on outstanding obligations. - 1. Subject to the limitation imposed by subsections 4 and...
NRS 319.280 - Notes and bonds: Execution; terms; chapter 349 of NRS inapplicable. - 1. The notes and bonds must be signed by the...
NRS 319.290 - Notes and bonds: Pledges as security. - The Division in issuing any notes or bonds may contract...
NRS 319.300 - Bonds: Trust indentures as security. - In the discretion of the Administrator, bonds issued by the...
NRS 319.310 - Notes and bonds: Guarantees of payment. - The Division may procure or agree to the procurement of...
NRS 319.320 - Notes and bonds: Redemption; remarketing or refunding. - 1. The Division, subject to such agreements with noteholders or...
NRS 319.323 - Issuance of collateralized mortgage obligations; use of proceeds; submission of findings to State Board of Finance. - 1. The Division may, in addition to the notes and...
NRS 319.325 - Division may provide that bonds, notes or loans be insured or secured; payment of costs associated with insurance. - The Division may: 1. Provide that any bonds or notes...
NRS 319.327 - Exemption of interest on Division’s bonds from federal income taxation: Waiver; issuance of obligations not exempt from taxation. - The Division may: 1. Waive, by such means as the...
NRS 319.330 - Refunding obligations: Issuance, sale and exchange. - 1. The Division may issue refunding obligations to refund any...
NRS 319.340 - Bond reserve funds: Establishment; use; requirements. - 1. The Division may establish one or more bond reserve...
NRS 319.350 - Bond reserve funds: Limitations. - The Division shall not at any time issue bonds, secured...
NRS 319.360 - Bond reserve funds: Purpose; status reports. - The provision of bond reserve fund requirements is designed to...
NRS 319.370 - Remedies of bondholders and noteholders. - 1. If the Division defaults in the payment of principal...
NRS 319.380 - Pledge against impairment of holders’ rights and remedies; credit of State not pledged. - 1. The State of Nevada hereby pledges to and agrees...
NRS 319.390 - Notes and bonds as legal investments. - 1. The notes and bonds of the Division are legal...
NRS 319.410 - Definitions. - As used in NRS 319.410 to 319.440, inclusive, unless the...
NRS 319.420 - Termination: Notice; meeting; penalties; regulations. - 1. An owner who intends to terminate an affordability restriction...
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...
NRS 319.440 - Maintenance after expiration: Notice; annual report; notice for subsequent ending; regulations. - 1. If an owner of a project intends to maintain...
NRS 319.500 - Creation; investment of money; claims. - 1. There is hereby created in the State General Fund...
NRS 319.510 - Use and distribution of money in Account. - 1. Except as otherwise provided in subsection 2, money deposited...
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,...
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...
NRS 319.900 - False statements; penalty. - Any person who knowingly makes or causes to be made,...