Nevada § 279A.100 Preference to applicants with low income and applicants that are organizations which serve natural persons with low income; conditions

Nevada Statutes

§ 279A.100 — Preference to applicants with low income and applicants that are organizations which serve natural persons with low income; conditions

Nevada § 279A.100

Title 22COOPERATIVE AGREEMENTS BY PUBLIC AGENCIES; REGIONAL

Ch. 279ARehabilitation

This text of Nevada § 279A.100 (Preference to applicants with low income and applicants that are organizations which serve natural persons with low income; conditions) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 279A.100 (2026).

Text

If at any time the aggregate amount represented by pending applications from qualified applicants for loans for the rehabilitation of residential property exceeds the amount available in the fund, the governing body shall give preference to:

1.Applicants who are members of households having a gross income that is 50 percent or less of the median gross income for households of the same size within the same geographic area; and

2.Applicants that are organizations which serve natural persons described in subsection 1.

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If at any time the aggregate amount represented by pending applications from qualified applicants for loans for the rehabilitation of residential property exceeds the amount available in the fund, the governing body shall give preference to:
1. Applicants who are members of households having a gross income that is 50 percent or less of the median gross income for households of the same size within the same geographic area; and
2. Applicants that are organizations which serve natural persons described in subsection 1.