reglab/housing_qa huggingface dataset:
NV Rev Stat § 319.141 (2021)
2021 Nevada Revised Statutes|Chapter 319 - Assistance to Finance Housing|NRS 319.141 - Housing Advocate: Creation of position; appointment; classification; qualifications; duties; removal.

  1. The Housing Advocate is hereby created within the Division.  2. The Administrator shall appoint a person to serve in the position of Housing Advocate. The Housing Advocate is in the unclassified service of the State and serves at the pleasure of the Administrator.  3. The person so appointed pursuant to subsection 2 must be knowledgeable about affordable housing and manufactured housing.   4. The Housing Advocate shall:  (a) Respond to written and telephonic inquiries received from residents who reside in affordable housing and manufactured housing and provide assistance to such residents in understanding their rights and responsibilities;  (b) Conduct community outreach and provide information concerning housing to residents who reside in affordable housing and manufactured housing;  (c) Identify and investigate complaints of residents of affordable housing and manufactured housing that relate to their housing and provide assistance to such residents to resolve the complaints;  (d) Establish and maintain a system to collect and maintain information pertaining to written and telephonic inquiries received by the Division; and  (e) Any other duties specified by the Administrator.  5. The Administrator may remove the Housing Advocate from the office for any reason not prohibited by law.  (Added to NRS by 2017, 3615)
NV Rev Stat § 319.145 (2021)
2021 Nevada Revised Statutes|Chapter 319 - Assistance to Finance Housing|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 agency for the State of Nevada, as that term is defined in 26 U.S.C. § 42(h)(7)(A), for the purpose of allocating and distributing credits for low-income housing pursuant to 26 U.S.C. § 42.  2. The Division:  (a) May adopt regulations establishing procedures necessary for the proper allocation and distribution of credits for low-income housing pursuant to 26 U.S.C. § 42; and  (b) Shall exercise all powers necessary to administer the allocation and distribution of those credits.  3. The Division may act for the State of Nevada as the agency to facilitate the state’s designation as a participating jurisdiction in the HOME Investment Partnership Act (42 U.S.C. §§ 12701 et seq.). Upon receiving such a designation, the Division may exercise all powers necessary to administer the program.  4. The Division shall administer the program established to increase the efficiency with which energy is used in dwellings owned or occupied by persons of low income pursuant to 42 U.S.C. §§ 6861 et seq.  (Added to NRS by 1987, 1352; A 1991, 1639; 1997, 2612)
NV Rev Stat § 319.147 (2021)
2021 Nevada Revised Statutes|Chapter 319 - Assistance to Finance Housing|NRS 319.147 - Certification of assisted living facilities: Requirements; regulations.

  1. The Division shall certify an assisted living facility for the purpose of providing services pursuant to the provisions of the home and community-based services waiver which are amended pursuant to NRS 422.3962 if the facility:  (a) Provides assisted living supportive services to senior citizens of low or moderate income;  (b) Provides or arranges for the provision of case management services for its residents;  (c) Guarantees affordable housing for a period of at least 15 years after the facility is certified;  (d) Is financed through tax credits relating to low-income housing or other public funds; and  (e) Satisfies any other requirements set forth by the Division in any regulations adopted by the Division.  2. The Division shall adopt regulations concerning the certification of assisted living facilities pursuant to this section.  3. As used in this section:  (a) "Assisted living facility" has the meaning ascribed to it in paragraph (a) of subsection 3 of NRS 422.3962.  (b) "Assisted living supportive services" has the meaning ascribed to it in paragraph (b) of subsection 3 of NRS 422.3962.  (Added to NRS by 2005, 922)
NV Rev Stat § 319.167 (2021)
2021 Nevada Revised Statutes|Chapter 319 - Assistance to Finance Housing|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, the Division may enter into instruments, agreements and other such transactions for one or more of the following purposes:  (a) Reducing or modifying the amount or duration of any payment, interest rate, spread or similar risk;  (b) Lowering the cost of borrowing when used in combination with the issuance or carrying of bonds or investments; or  (c) Enhancing the relationship between risk and return with respect to the programs of the Division for lending or investment or any portion thereof.  2. In entering into such instruments, agreements or other such transactions, the Division shall consider the creditworthiness of the counterparties and other relevant criteria relating to the objectives of the programs of the Division.  (Added to NRS by 2001, 2120; A 2003, 2194; 2009, 650)
NV Rev Stat § 319.169 (2021)
2021 Nevada Revised Statutes|Chapter 319 - Assistance to Finance Housing|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 created in the State General Fund.  2. The Account must be administered by the Division. Except as otherwise provided in NRS 118B.213 and 489.265, all money received by the Division pursuant to NRS 118B.185 or any other source must be deposited into the Account.  3. The interest and income earned on the money in the Account, after deducting any applicable charges, must be credited to the Account.  4. Claims against the Account must be paid as other claims against the State are paid.  5. The Administrator shall adopt regulations setting forth the use of the money in the Account, including, without limitation:  (a) Licensing, regulating and inspecting:  (1) Housing for persons of low-income that is financed pursuant to this chapter; and   (2) Manufactured homes, mobile homes, manufactured buildings, commercial coaches, factory-built housing or manufactured home parks pursuant to chapters 118B, 461, 461A and 489 of NRS;  (b) Licensing, regulating and inspecting manufacturers, general servicepersons, dealers, responsible managing employees, salespersons, distributors and specialty servicepersons pursuant to chapter 489 of NRS;  (c) Maintaining title records, and issuing certificates of ownership, property liens and conversions to real property of a mobile home or manufactured home;  (d) Investigating complaints, including, without limitation, complaints:  (1) Between a landlord and a tenant of a mobile home park; and  (2) Alleging unlicensed activity; and  (e) Administering any educational and training program for a provider of manufactured housing.  6. As used in this section:  (a) "Commercial coach" has the meaning ascribed to it in NRS 489.062.  (b) "Dealer" has the meaning ascribed to it in NRS 489.076.  (c) "Distributor" has the meaning ascribed to it in NRS 489.081.  (d) "Factory-built housing" has the meaning ascribed to it in NRS 461.080.  (e) "General serviceperson" has the meaning ascribed to it in NRS 489.102.  (f) "Manufactured building" has the meaning ascribed to it in NRS 461.132.  (g) "Manufactured home" has the meaning ascribed to it in NRS 489.113.  (h) "Manufactured home lot" has the meaning ascribed to it in NRS 118B.016.  (i) "Manufactured home park" has the meaning ascribed to it in NRS 118B.017.  (j) "Manufacturer" has the meaning ascribed to it in NRS 489.115.  (k) "Mobile home" has the meaning ascribed to it in NRS 489.120.  (l) "Mobile home park" has the meaning ascribed to "manufactured home park" in NRS 118B.017.  (m) "Responsible managing employee" has the meaning ascribed to it in NRS 489.1353.  (n) "Salesperson" has the meaning ascribed to it in NRS 489.137.  (o) "Specialty serviceperson" has the meaning ascribed to it in NRS 489.147.  (Added to NRS by 2017, 3614)
NV Rev Stat § 319.170 (2021)
2021 Nevada Revised Statutes|Chapter 319 - Assistance to Finance Housing|NRS 319.170 - Funds and accounts; investments and deposits.

Except as otherwise provided in NRS 319.169 and 319.500, the Division may:  1. Establish such funds or accounts as may be necessary or desirable for furtherance of the purposes of this chapter.  2. Invest or deposit its money, subject to any agreement with bondholders or noteholders, and is not required to keep any of its money in the State Treasury. The provisions of chapters 355 and 356 of NRS do not apply to such investments or deposits.  (Added to NRS by 1975, 628; A 1989, 1214; 2017, 3616)
NV Rev Stat § 319.171 (2021)
2021 Nevada Revised Statutes|Chapter 319 - Assistance to Finance Housing|NRS 319.171 - Investment in collateralized mortgage obligations or trusts.

Except as otherwise provided in NRS 319.169 and 319.500, the Division may invest its money in collateralized mortgage obligations or in trusts created to finance, acquire or invest in collateralized mortgage obligations if the collateralized mortgage obligations or trusts so created are:  1. In furtherance of the purposes of the Division; and  2. Rated within one of the top three rating categories of a national rating service at the time the investment is made.  (Added to NRS by 1987, 1351; A 1989, 1215; 2017, 3616)
NV Rev Stat § 319.172 (2021)
2021 Nevada Revised Statutes|Chapter 319 - Assistance to Finance Housing|NRS 319.172 - Authority to make loans of investment securities.

  1. The Division may lend any securities in which it invests pursuant to NRS 319.170 if the Division receives collateral from the borrower in the form of cash or marketable securities that are:  (a) Acceptable to the Division; and  (b) At least 102 percent of the value of the securities borrowed.  2. The Division may enter into such contracts as are necessary to extend and manage loans pursuant to this section.  (Added to NRS by 1999, 927)
NV Rev Stat § 319.174 (2021)
2021 Nevada Revised Statutes|Chapter 319 - Assistance to Finance Housing|NRS 319.174 - Advisory Committee on Housing: Creation; members; terms; vacancies; Chair; meetings; duties.

  1. There is hereby created the Advisory Committee on Housing, consisting of nine members as set forth in subsection 2.  2. The Advisory Committee consists of:  (a) One member who is a Legislator appointed by the Legislative Commission;  (b) One member appointed by the Nevada Rural Housing Authority;  (c) One member appointed by the Southern Nevada Regional Housing Authority;  (d) One member appointed by the Reno Housing Authority; and  (e) Five members appointed by the Director as follows:  (1) One member who is knowledgeable and has experience in supportive housing programs and projects;  (2) One member who is representative of builders and developers of multifamily housing projects;   (3) One member who is knowledgeable in banking and the financing of housing projects;  (4) One member who represents a local community development agency or regional planning agency in southern Nevada; and   (5) One member who represents a local community development agency or regional planning agency in northern Nevada.  The members of the Advisory Committee are not entitled to any additional compensation for their service in that capacity.  3. A member of the Advisory Committee serves a term of 2 years and until his or her successor is appointed. A member may be reappointed for additional terms of 2 years in the same manner as the original appointment.  4. A vacancy in the membership of the Committee must be filled in the same manner as the original appointment for the remainder of the unexpired term.   5. The members of the Advisory Committee shall select a Chair from among their membership. The term of office of the Chair is 2 years. The Advisory Committee shall meet at least once each calendar quarter, and at the call of the Chair or upon the written request of the Administrator or a majority of the members of the Advisory Committee.  6. The Division shall provide administrative support to the Advisory Committee.  7. The Advisory Committee shall:  (a) Review and comment on:  (1) The annual housing progress report compiled by the Division pursuant to NRS 278.235;  (2) The annual plan established by the Division for allocating tax credits for low-income housing pursuant to 26 U.S.C. § 42; and  (3) Any other matter or information submitted to it by the Division.  (b) Annually prepare and submit to the Private Activity Bond Council created by NRS 348A.050, a report concerning housing that addresses, without limitation:  (1) Community needs for housing in this State;  (2) Housing trends; and  (3) Housing goals for this State.  8. As used in this section:  (a) "Director" means the Director of the Department of Business and Industry.  (b) "Private activity bond" has the meaning ascribed to it in NRS 348A.010.  (Added to NRS by 2019, 2428)
NV Rev Stat § 319.190 (2021)
2021 Nevada Revised Statutes|Chapter 319 - Assistance to Finance Housing|NRS 319.190 - Authority to make loans and issue letters of credit.

  1. The Division may make, undertake commitments to make and participate with lending institutions in the making of mortgage loans and may make temporary loans and advances in anticipation of mortgage loans to finance the acquisition, construction, development, renewal, redevelopment, rehabilitation or refinancing of residential housing, including, without limitation, multifamily housing, within this state.  2. The Division may issue letters of credit to finance the acquisition, construction, development, renewal, redevelopment, rehabilitation or refinancing of residential housing, including, without limitation, multifamily housing, within this state if, at the time a letter of credit is issued, the Division has a credit rating within one of the three highest rating categories of a nationally recognized rating agency.  (Added to NRS by 1975, 628; A 1977, 195; 1987, 1354; 1991, 214; 2001, 2121; 2003, 2192, 2194; 2009, 650)
NV Rev Stat § 319.200 (2021)
2021 Nevada Revised Statutes|Chapter 319 - Assistance to Finance Housing|NRS 319.200 - Terms and conditions of mortgage loan.

Any mortgage loan made by the Division must be secured in such manner, be repaid in such period and bear interest at such rate or rates as are determined by the Division.  (Added to NRS by 1975, 628; A 2001, 2122; 2003, 2194; 2009, 650)
NV Rev Stat § 319.210 (2021)
2021 Nevada Revised Statutes|Chapter 319 - Assistance to Finance Housing|NRS 319.210 - Investment in mortgages.

  1. The Division may:  (a) Invest in, purchase or make commitments to purchase, and take assignments from lending institutions of mortgage loans and promissory notes accompanying such mortgage loans, including mortgage loans or participations with lending institutions in such promissory notes and mortgage loans, for the construction, rehabilitation, purchase, leasing or refinancing of residential housing within this state.  (b) Sell, at public or private sale, with or without public bidding, any mortgage or other obligation held by the Division.  2. At or before the time of purchase, the lending institution shall certify to the Division with respect to all mortgage loans transferred to the Division:  (a) That the mortgage loans transferred to the Division are for residential housing for eligible families within this state; or  (b) That the proceeds of sale or its equivalent will be reinvested in mortgage loans for residential housing for eligible families within this state in an aggregate principal amount equal to the amount of such sale proceeds.  (Added to NRS by 1975, 628; A 2001, 2122; 2003, 2194; 2009, 650)
NV Rev Stat § 319.220 (2021)
2021 Nevada Revised Statutes|Chapter 319 - Assistance to Finance Housing|NRS 319.220 - Mortgages in default: Foreclosure; modification of terms.

The Division may:  1. Renegotiate, refinance or foreclose, or contract for the foreclosure of, any mortgage in default;  2. Waive any default or consent to the modification of the terms of any mortgage;  3. Commence any action to protect or enforce any right conferred upon it by any law, mortgage, contract or other agreement;  4. Bid for and purchase property upon which it holds a mortgage at any foreclosure or at any other sale, or acquire and take possession of any such property;  5. Operate, manage, lease, dispose of and otherwise deal with such property in such manner as may be necessary to protect the interest of the Division and the holders of its bonds, notes and other obligations; and  6. Consent to any modification with respect to rate of interest, time and payment of any installment of principal or interest, security or any other term of any contract, mortgage, mortgage loan, mortgage loan commitment, contract or agreement of any kind to which the Division is a party, subject to any agreement with bondholders or noteholders.  (Added to NRS by 1975, 629)
NV Rev Stat § 319.235 (2021)
2021 Nevada Revised Statutes|Chapter 319 - Assistance to Finance Housing|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 conferred on it by this chapter:  1. The acquisition and improvement of real property to be used for rental sites for mobile homes, whether or not the mobile homes are to be financed pursuant to this chapter; and  2. The purchase and installation of equipment and materials to be used in residential dwelling units for conservation of energy or for use of energy from alternative sources,  and any related improvements appropriate to any of these purposes.  (Added to NRS by 1981, 1664)
NV Rev Stat § 319.240 (2021)
2021 Nevada Revised Statutes|Chapter 319 - Assistance to Finance Housing|NRS 319.240 - Lending fees and charges.

The Division may charge and collect such fees and charges as the Division may establish from time to time for its lending and mortgage purchase programs.  (Added to NRS by 1975, 630)
NV Rev Stat § 319.250 (2021)
2021 Nevada Revised Statutes|Chapter 319 - Assistance to Finance Housing|NRS 319.250 - Insurance.

The Division may procure insurance against any loss in connection with its property and other assets, including mortgages and mortgage loans, in such amounts and from such insurers as it deems desirable.  (Added to NRS by 1975, 630)
NV Rev Stat § 319.260 (2021)
2021 Nevada Revised Statutes|Chapter 319 - Assistance to Finance Housing|NRS 319.260 - Prerequisites to financing residential housing.

The Division shall not finance any residential housing unless, prior to such financing, the Administrator finds that:  1. There exists a shortage of decent, safe and sanitary housing at rentals or prices which eligible families can afford within the general housing market area as determined by the Administrator.  2. Private enterprise and investment have been unable, without assistance, to provide an adequate supply of decent, safe and sanitary housing in such housing market area at rentals or prices which persons or families of low and moderate income can afford or to provide sufficient mortgage financing for residential housing for occupancy by such persons or families.  3. The proposed residential housing will increase the supply or improve the quality of decent, safe and sanitary housing for eligible families.  4. The residential housing to be developed or assisted by the Division pursuant to the provisions of this chapter will be of public use and will provide a public benefit.  5. The Division’s estimates of its revenues from the financing of the residential housing, together with all subsidies, grants or other financial assistance from governmental agencies or other entities to be received in connection with the residential housing, will be sufficient to pay the amount estimated by the Division as necessary for debt service on its notes and bonds to be issued for the financing of the residential housing.  (Added to NRS by 1975, 630)
NV Rev Stat § 319.265 (2021)
2021 Nevada Revised Statutes|Chapter 319 - Assistance to Finance Housing|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 for the financing of projects, the regulations must not include any provision which restricts or requires the deferral of more than 60 percent of the payment of profits and overhead to a developer of a project that is:  (a) Constructed, developed, financed or insured in whole or in part through any program established by the United States Department of Housing and Urban Development; and  (b) Secured by a performance bond,   except that such regulations may establish the maximum amount of pro forma profit and overhead for a developer of a project as a percentage of the appraised value of the project.  2. As used in this section, "project" means a housing facility for residential use which consists of two or more dwelling units for occupancy by eligible tenants on a rental basis. The term includes property which is to be leased, purchased or developed for sites for multifamily housing and upon which the Division takes a security interest and records a regulatory agreement, whether the Division issues bonds, a mortgage loan or a letter of credit for the lease, purchase or development of the multifamily housing.  (Added to NRS by 2009, 606)
NV Rev Stat § 319.267 (2021)
2021 Nevada Revised Statutes|Chapter 319 - Assistance to Finance Housing|NRS 319.267 - Duty of certain owners of residential housing to submit quarterly report to Aging and Disability Services Division of Department of Health and Human Services.

Repealed. (See chapter 152, Statutes of Nevada 2019, at page 832.)