Nevada Revised Statutes
Chapter 319 - Assistance to Finance Housing
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 housing database.
2. The database must include, without limitation, the compilation and analysis of demographic, economic and housing data from a variety of sources, including, without limitation, reports submitted pursuant to NRS 278.235, that:
(a) Provides for an annual assessment of the affordable housing market at the city and county level, including data relating to housing units, age of housing, rental rates and rental vacancy rates, new home sales and resale of homes, new construction permits, mobile homes, lots available for mobile homes and conversions of multifamily condominiums;
(b) Addresses the housing needs of various population groups in Nevada, such as households that rent, homeowners, elderly households, veterans, persons with disabilities or special needs, homeless persons, recovering persons with a substance use disorder, persons suffering from mental health ailments and victims of domestic violence, with each group distinguished to show the percentage of the population group at different income levels, and a determination of the number of households within each special-needs group experiencing housing costs greater than 50 percent of their income, overcrowding or substandard housing;
(c) Contains an estimate of the number and condition of subsidized and other low-income housing units at the county level and the identification of any subsidized units that are forecast to convert to market-rate units within a 2-year planning period;
(d) Provides a demographic and economic overview by local and county jurisdiction, if feasible, for the population of Nevada, including age, race and ethnicity, household size, migration, current and forecast employment, household income and a summary relating to the effects of demographics and economic factors on housing demand;
(e) Provides the number of housing units available to a victim of domestic violence from any housing authority, as defined in NRS 315.021, and from participation in the program of housing assistance pursuant to section 8 of the United States Housing Act of 1937, 42 U.S.C. § 1437f; and
(f) Provides the number of terminations of victims of domestic violence in this State from the program of housing assistance pursuant to section 8 of the United States Housing Act of 1937, 42 U.S.C. § 1437f.
3. The costs of creating and maintaining the database:
(a) Must be paid from the Account for Affordable Housing created by NRS 319.500; and
(b) May not exceed $175,000 per year.
4. If an owner of multifamily residential housing that is offered for rent or lease in this State and is:
(a) Accessible to persons with disabilities; and
(b) Affordable housing, as defined in NRS 278.0105,
has received any loan, grant or contribution for the multifamily residential housing from the Federal Government or the State, the owner shall, not less than quarterly, report to the Division information concerning each unit of the multifamily residential housing that is available and suitable for use by a person with a disability.
5. The Division shall adopt regulations to carry out the provisions of subsection 4.
(Added to NRS by 2009, 539; A 2019, 830, 1419)

Structure Nevada Revised Statutes

Nevada Revised Statutes

Chapter 319 - Assistance to Finance Housing

NRS 319.020 - Legislative findings and declaration; liberal construction.

NRS 319.030 - Definitions.

NRS 319.040 - "Administrator" defined.

NRS 319.042 - "Affordable housing" defined.

NRS 319.045 - "Collateralized mortgage obligation" defined.

NRS 319.050 - "Division" defined.

NRS 319.060 - "Eligible family" defined.

NRS 319.070 - "Governmental agency" defined.

NRS 319.090 - "Lending institution" defined.

NRS 319.100 - "Mortgage" defined.

NRS 319.110 - "Mortgage loan" defined.

NRS 319.115 - "Person with a disability" defined.

NRS 319.120 - "Real property" defined.

NRS 319.130 - "Residential housing" defined.

NRS 319.135 - "Sponsor" defined.

NRS 319.140 - General powers and duties of Division; audit; exemption from State Purchasing Act.

NRS 319.141 - Housing Advocate: Creation of position; appointment; classification; qualifications; duties; removal.

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.

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.

NRS 319.147 - Certification of assisted living facilities: Requirements; regulations.

NRS 319.167 - Division may enter into instruments, agreements and other transactions for certain purposes.

NRS 319.169 - Account for Housing Inspection and Compliance: Creation; administration; deposits; interest and income; claims; uses established by regulation.

NRS 319.170 - Funds and accounts; investments and deposits.

NRS 319.171 - Investment in collateralized mortgage obligations or trusts.

NRS 319.172 - Authority to make loans of investment securities.

NRS 319.174 - Advisory Committee on Housing: Creation; members; terms; vacancies; Chair; meetings; duties.

NRS 319.190 - Authority to make loans and issue letters of credit.

NRS 319.200 - Terms and conditions of mortgage loan.

NRS 319.210 - Investment in mortgages.

NRS 319.220 - Mortgages in default: Foreclosure; modification of terms.

NRS 319.230 - Loans to or purchase of securities from lending institutions; collateral.

NRS 319.235 - Financing rental sites for mobile homes and equipment for conservation of energy in residential dwelling units.

NRS 319.240 - Lending fees and charges.

NRS 319.250 - Insurance.

NRS 319.260 - Prerequisites to financing residential housing.

NRS 319.265 - Requirements for regulations adopted by Division that establish program for financing certain residential housing projects.

NRS 319.270 - Notes and bonds: Issuance; limitation on outstanding obligations.

NRS 319.280 - Notes and bonds: Execution; terms; chapter 349 of NRS inapplicable.

NRS 319.290 - Notes and bonds: Pledges as security.

NRS 319.300 - Bonds: Trust indentures as security.

NRS 319.310 - Notes and bonds: Guarantees of payment.

NRS 319.320 - Notes and bonds: Redemption; remarketing or refunding.

NRS 319.323 - Issuance of collateralized mortgage obligations; use of proceeds; submission of findings to State Board of Finance.

NRS 319.325 - Division may provide that bonds, notes or loans be insured or secured; payment of costs associated with insurance.

NRS 319.327 - Exemption of interest on Division’s bonds from federal income taxation: Waiver; issuance of obligations not exempt from taxation.

NRS 319.330 - Refunding obligations: Issuance, sale and exchange.

NRS 319.340 - Bond reserve funds: Establishment; use; requirements.

NRS 319.350 - Bond reserve funds: Limitations.

NRS 319.360 - Bond reserve funds: Purpose; status reports.

NRS 319.370 - Remedies of bondholders and noteholders.

NRS 319.380 - Pledge against impairment of holders’ rights and remedies; credit of State not pledged.

NRS 319.390 - Notes and bonds as legal investments.

NRS 319.410 - Definitions.

NRS 319.420 - Termination: Notice; meeting; penalties; regulations.

NRS 319.430 - Ending upon expiration: Notice; meeting; penalty for failure to provide notice; regulations.

NRS 319.440 - Maintenance after expiration: Notice; annual report; notice for subsequent ending; regulations.

NRS 319.500 - Creation; investment of money; claims.

NRS 319.510 - Use and distribution of money in Account.

NRS 319.520 - Regulations concerning distribution and use of money in Account; requirements for recipient of money.

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.

NRS 319.900 - False statements; penalty.