reglab/housing_qa huggingface dataset:
NV Rev Stat § 279.700 (2021)
2021 Nevada Revised Statutes|Chapter 279 - Redevelopment of Communities|NRS 279.700 - "Small business" defined.

As used in NRS 279.700 to 279.730, inclusive, "small business" means a business that employs not more than 25 persons.  (Added to NRS by 2013, 796)
NV Rev Stat § 279.710 (2021)
2021 Nevada Revised Statutes|Chapter 279 - Redevelopment of Communities|NRS 279.710 - Revolving loan account: Creation; investment; credit of interest and income; deposit of money; payment of claims; acceptance of gifts and grants.

  1. Each legislative body shall create a revolving loan account in the treasury of the community. The account must be administered by the agency.  2. The money in a revolving loan account created pursuant to this section must be invested as money in other accounts in the treasury of the community is invested. All interest and income earned on the money in a revolving loan account must be credited to the account. Any money remaining in a revolving loan account at the end of a fiscal year does not revert to the general fund of the community, and the balance in the account must be carried forward.  3. All payments of principal and interest on loans made to a small business from a revolving loan account must be deposited with the treasurer of the community for credit to the account.  4. Claims against a revolving loan account must be paid as other claims against the agency are paid.  5. An agency may accept gifts, grants, bequests and donations from any source for deposit in the revolving loan account.  (Added to NRS by 2013, 796)
NV Rev Stat § 279.720 (2021)
2021 Nevada Revised Statutes|Chapter 279 - Redevelopment of Communities|NRS 279.720 - Revolving loan account: Authorized uses of money in account; limitation.

  1. After deducting the costs directly related to administering a revolving loan account created pursuant to NRS 279.710, an agency may use the money in the account, including repayments of principal and interest on loans made from the account, and interest and income earned on money in the account, only to make loans at or below market rate to small businesses located within the redevelopment area or persons wishing to locate or relocate a new small business in the redevelopment area for the costs incurred:  (a) In expanding or improving an existing small business, including, without limitation, costs incurred for remodeling; or  (b) In locating or relocating a small business in the redevelopment area.  2. The term of any loan that may be made from the revolving loan account must be 5 years or less.  (Added to NRS by 2013, 796)
NV Rev Stat § 279.730 (2021)
2021 Nevada Revised Statutes|Chapter 279 - Redevelopment of Communities|NRS 279.730 - Application for loan; requirements of contract for loan; regulations.

  1. A small business located in a redevelopment area or a person who wishes to locate or relocate a new small business in a redevelopment area may submit an application to the agency for a loan from the revolving loan account created pursuant to NRS 279.710. An application must include a written description of the manner in which the loan will be used.  2. An agency shall, within the limits of money available for use in the revolving loan account, make loans to small businesses and persons whose applications have been approved. If an agency makes a loan from the revolving loan account, the agency shall ensure that the contract for the loan includes all terms and conditions for repayment of the loan.  3. Each agency:  (a) Shall adopt regulations that prescribe:  (1) The process by which a small business may submit to the agency an application for a loan from the revolving loan account;  (2) The criteria for eligibility for a loan from the revolving loan account;  (3) The contents of an application for a loan from the revolving loan account, which must include, without limitation:  (I) A description of the business history of the applicant;  (II) A description of the income history of the applicant;  (III) A copy of the business plan of the applicant;  (IV) A description of the contributions of the applicant to the revitalization of the redevelopment area; and  (V) A statement of whether any money from the loan will be used by the applicant to maintain or create any jobs;  (4) The maximum amount of a loan which may be made from the revolving loan account;  (5) The rate of interest for loans made from the revolving loan account; and  (6) The collateral and security interest that a small business is required to provide as security for the loan, which must be an amount sufficient to allow the agency to recoup the amount of the loan made to a small business if the small business defaults on the loan.  (b) May adopt such other regulations as it deems necessary to carry out the provisions of NRS 279.700 to 279.730, inclusive.  (Added to NRS by 2013, 797)
NV Rev Stat § 279A.010 (2021)
2021 Nevada Revised Statutes|Chapter 279A - Rehabilitation of Property in Residential Neighborhoods|NRS 279A.010 - Legislative findings and declarations.

The Legislature hereby finds and declares that:  1. There exists within the urban areas of this State a large number of deteriorated, substandard and unsanitary residential properties because of the inability of their owners, for whatever reason, to pay for their repair and maintenance;  2. These properties are a threat not only to the health, safety and well-being of the persons who occupy them but also to neighboring persons and property;  3. There is also a shortage of decent, safe and affordable housing for persons of low or moderate income and the counties and cities of this State have an obligation to encourage persons who own residential property to maintain that property in a decent, safe and sanitary condition;  4. It is in the public interest to encourage the preservation and maintenance of housing in this State for persons of low or moderate income, in order to improve their living conditions and, in doing so, to benefit the health, safety and welfare of the people of this State; and  5. The provisions of this chapter are in addition to, and do not abrogate or limit the application of, any other provisions of law granting to a county or city the authority to:  (a) Develop affordable housing; and  (b) Rehabilitate residential neighborhoods and individual properties within those neighborhoods.  (Added to NRS by 1987, 2203; A 2005, 1302)
NV Rev Stat § 279A.020 (2021)
2021 Nevada Revised Statutes|Chapter 279A - Rehabilitation of Property in Residential Neighborhoods|NRS 279A.020 - Definitions.

As used in this chapter, unless the context otherwise requires:  1. "Affordable housing" has the meaning ascribed to it in NRS 278.0105.  2. "Agency" means an agency of a county or city established or designated to administer a program.  3. "Fund" means a revolving fund for loans for the rehabilitation of residential property.  4. "Governing body" means the governing body of a county or city.  5. "Program" means a program for the rehabilitation of residential neighborhoods established by a governing body pursuant to this chapter.  6. "Rehabilitation" includes structural improvements, landscaping and any other measure to improve the appearance of property or maintain property in a decent, safe and sanitary condition.  (Added to NRS by 1987, 2203; A 2019, 1413)
NV Rev Stat § 279A.030 (2021)
2021 Nevada Revised Statutes|Chapter 279A - Rehabilitation of Property in Residential Neighborhoods|NRS 279A.030 - County or city may establish program; contents of ordinance.

  1. The governing body of a county or city may adopt an ordinance establishing a program for the rehabilitation of residential neighborhoods in that county or city.  2. The ordinance must contain provisions:  (a) Establishing an agency, or designating an existing agency, of the county or city to administer the program.  (b) Creating a revolving fund for loans for the rehabilitation of residential property and designating the amount of the original allocation of money by the governing body for the fund.  (c) Providing the criteria and procedures for allocating additional money to the fund.  (d) Providing the maximum amount of a loan from the fund and the period and rate of interest of each loan.  (e) Setting forth the criteria for determining the eligibility of an applicant for a loan and of property for rehabilitation.  (f) Setting forth that, with respect to a residential property rehabilitated pursuant to this chapter, the monthly mortgage payment or monthly rent, as applicable, must not, during the term of any loan made pursuant to this chapter, exceed 50 percent of the gross monthly income of the household occupying the residential property.  (g) Establishing such other requirements for participation in the program as the governing body considers necessary.  (Added to NRS by 1987, 2204; A 2005, 1303)
NV Rev Stat § 279A.040 (2021)
2021 Nevada Revised Statutes|Chapter 279A - Rehabilitation of Property in Residential Neighborhoods|NRS 279A.040 - Loan for rehabilitation: Qualifications.

  1. An applicant for a loan for the rehabilitation of residential property must, at the time application is made:  (a) Be a natural person who:  (1) Is a resident of or an owner of residential property in the city or an unincorporated area of the county, as the case may be;  (2) Is a member of a household having a gross income of less than 120 percent of the median gross income for households of the same size residing in the same county or city, as applicable, as that percentage is defined by the United States Department of Housing and Urban Development, or rents residential property to such households;  (3) Owns and resides on or rents for residential purposes only the property for which the loan is sought;  (4) Has the financial resources to repay the loan in accordance with the terms of the agreement;  (5) Has the ability to complete the rehabilitation within a reasonable time and maintain the property in a decent, safe and sanitary condition; and  (6) Meets such other requirements as are imposed by the governing body; or  (b) Be an organization that:  (1) Is recognized as exempt pursuant to 26 U.S.C. § 501(c)(3) or 501(c)(4);  (2) Provides affordable housing to natural persons who meet the criteria set forth in subparagraphs (1) and (2) of paragraph (a); and  (3) Has the financial resources to repay the loan in accordance with the terms of the agreement.  2. Any residential property for which a loan for rehabilitation is sought must be:  (a) Entirely situated within the boundaries of the city or within an unincorporated area of the county, as the case may be;  (b) Capable of rehabilitation within reasonable limits; and  (c) Subject to not more than two encumbrances.  (Added to NRS by 1987, 2204; A 2005, 1303; 2019, 1413)
NV Rev Stat § 279A.050 (2021)
2021 Nevada Revised Statutes|Chapter 279A - Rehabilitation of Property in Residential Neighborhoods|NRS 279A.050 - Loan for rehabilitation: Duties of agency.

  1. Upon receiving an application for a loan for the rehabilitation of residential property, the agency shall:  (a) Inspect the property to determine if rehabilitation of the property is feasible; and  (b) Determine the amount of the loan that the condition of the property justifies.  2. After inspection of the property, the agency shall interview the applicant or, if the applicant is an organization described in paragraph (b) of subsection 1 of NRS 279A.040, the representative of the organization, to determine if the applicant satisfies the criteria for eligibility for a loan and, if the applicant satisfies those criteria, the amount, terms and conditions of the loan.  3. The agency shall recommend to the governing body the amount of the loan, if any, and the terms and conditions of the loan.  (Added to NRS by 1987, 2204; A 2005, 1304)
NV Rev Stat § 279A.060 (2021)
2021 Nevada Revised Statutes|Chapter 279A - Rehabilitation of Property in Residential Neighborhoods|NRS 279A.060 - Loan for rehabilitation: Evidenced by promissory note; agreement between county or city and natural person or organization to whom loan is made.

If the governing body approves the application for a loan, the loan must be:  1. Evidenced by a promissory note, the principal amount of which must be equal to the amount of the loan, secured by a mortgage on the property; and  2. Made pursuant to an agreement between the county or city and the natural person or organization to whom the loan is made, identifying the property, specifying the amount and period of, and rate of interest on, the loan and providing that:  (a) The property must be rehabilitated for decent, safe and sanitary residential use; and  (b) The rehabilitation must begin and be completed within a period determined by the governing body.  (Added to NRS by 1987, 2205; A 2005, 1304)
NV Rev Stat § 279A.070 (2021)
2021 Nevada Revised Statutes|Chapter 279A - Rehabilitation of Property in Residential Neighborhoods|NRS 279A.070 - Duties of natural person or organization to whom loan is made; deferment of repayment of loan.

  1. A natural person to whom a loan is made pursuant to this chapter shall:  (a) Maintain the property in a decent, safe and sanitary condition; and  (b) Reside, or have a member of his or her family reside, on the property.  2. An organization to which a loan is made pursuant to this chapter shall maintain the property in a decent, safe and sanitary condition.  3. If the natural person or organization to whom a loan is made is unable to repay in accordance with the established schedule, the governing body may defer, upon good cause shown, repayment of the amount of the loan until the sale of the rehabilitated property.  (Added to NRS by 1987, 2205; A 2005, 1305)
NV Rev Stat § 279A.080 (2021)
2021 Nevada Revised Statutes|Chapter 279A - Rehabilitation of Property in Residential Neighborhoods|NRS 279A.080 - Agency to provide advice and technical assistance; access to property required; deficiencies in maintenance of property.

  1. During the rehabilitation of the property, the agency shall provide such advice and technical assistance as may be reasonably requested.  2. The owner of the property shall permit representatives of the agency, the governing body and, if state or federal assistance is involved, the State or Federal Government, to have access to the property during normal business hours to ensure compliance with this chapter and with the provisions of the loan and agreement for rehabilitation.  3. If the agency discovers deficiencies in the maintenance of the property during any inspection, it shall advise the owner of the property in the proper methods of correcting those deficiencies.  (Added to NRS by 1987, 2205)
NV Rev Stat § 279A.090 (2021)
2021 Nevada Revised Statutes|Chapter 279A - Rehabilitation of Property in Residential Neighborhoods|NRS 279A.090 - Deposit of payments in fund; availability of money for future loans.

The governing body shall deposit in the fund all money received in payment on a loan for the rehabilitation of residential property and make that money available for future loans.  (Added to NRS by 1987, 2205)
NV Rev Stat § 279A.100 (2021)
2021 Nevada Revised Statutes|Chapter 279A - Rehabilitation of Property in Residential Neighborhoods|NRS 279A.100 - Preference to applicants with low income and applicants that are organizations which serve natural persons with low income; conditions.

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.  (Added to NRS by 1987, 2205; A 2005, 1305)
NV Rev Stat § 279A.110 (2021)
2021 Nevada Revised Statutes|Chapter 279A - Rehabilitation of Property in Residential Neighborhoods|NRS 279A.110 - Powers of governing body.

The governing body may:  1. Contract directly with a contractor for the rehabilitation of the property of a qualified applicant.  2. Establish a panel of contractors who have agreed to provide continuing maintenance at a discount to property rehabilitated pursuant to this chapter.  3. Use for the purposes of this chapter any money made available to it for housing for persons having low or moderate incomes under state or federal law, if permitted by the terms of the state or federal law.  4. Accept gifts, grants, loans and bequests of money for the purposes of this chapter.  (Added to NRS by 1987, 2206)
NV Rev Stat § 279B.010 (2021)
2021 Nevada Revised Statutes|Chapter 279B - Rehabilitation of Abandoned Residential Property|NRS 279B.010 - Legislative findings and declarations.

The Legislature hereby finds and declares that:  1. There exists within the urban areas of this State a large number of deteriorated, substandard and unsanitary residential properties which have been abandoned by their owners;  2. These properties are a threat to the health, safety and well-being of the persons occupying neighboring properties;  3. There is also a shortage of decent, safe and affordable housing for persons of low or moderate income and the counties and cities of this State have an obligation to provide such persons with an opportunity to obtain residential property;  4. It is in the public interest to encourage the preservation and maintenance of housing in this State for persons of low or moderate income, in order to improve their living conditions and, in doing so, to benefit the health, safety and welfare of the people of this State; and  5. The provisions of this chapter are in addition to, and do not abrogate or limit the application of, any other provisions of law granting to a county or city the authority to:  (a) Develop affordable housing; and  (b) Rehabilitate abandoned residential properties.  (Added to NRS by 1989, 189; A 2005, 1305)
NV Rev Stat § 279B.020 (2021)
2021 Nevada Revised Statutes|Chapter 279B - Rehabilitation of Abandoned Residential Property|NRS 279B.020 - Definitions.

As used in this chapter, unless the context otherwise requires:  1. "Abandoned residential property" means residential property which has been:  (a) Acquired by the governing body pursuant to the provisions of NRS 361.603 or subsection 3 of NRS 279B.100, or by a grant from the Federal Government, the state government or any political subdivision of the State;  (b) Declared to have been abandoned by the Federal Government, the state government or the governing body; and  (c) Determined by the governing body to be in need of rehabilitation because of its deteriorated, substandard or unsanitary condition.  2. "Affordable housing" has the meaning ascribed to it in NRS 278.0105.  3. "Agency" means an agency of a county or city established or designated to administer a program.  4. "Governing body" means the governing body of a county or city.  5. "Program" means a program for the rehabilitation of abandoned residential properties established by a governing body pursuant to this chapter.  6. "Rehabilitation" includes structural improvements, landscaping and any other measure to improve the appearance of property or maintain property in a decent, safe and sanitary condition.  (Added to NRS by 1989, 189; A 2019, 1414)
NV Rev Stat § 279B.030 (2021)
2021 Nevada Revised Statutes|Chapter 279B - Rehabilitation of Abandoned Residential Property|NRS 279B.030 - County or city may establish program; contents of ordinance.

  1. The governing body of a county or city may adopt an ordinance establishing a program for the rehabilitation of abandoned residential properties in that county or city.  2. The ordinance must contain provisions:  (a) Establishing an agency, or designating an existing agency, of the county or city to administer the program;  (b) Setting forth the criteria for determining the eligibility of an applicant for the rehabilitation of abandoned residential property; and  (c) Establishing such other requirements for participation in the program as the governing body considers necessary.  (Added to NRS by 1989, 190)
NV Rev Stat § 279B.040 (2021)
2021 Nevada Revised Statutes|Chapter 279B - Rehabilitation of Abandoned Residential Property|NRS 279B.040 - Qualifications for rehabilitation.

  1. An applicant for rehabilitation of abandoned residential property must, at the time application is made:  (a) Be a natural person who:  (1) Is a resident of the city or an unincorporated area of the county, as the case may be;  (2) Is a member of a household having a gross income of less than 120 percent of the median gross income for households of the same size residing in the same county or city, as applicable, as that percentage is defined by the United States Department of Housing and Urban Development;  (3) Intends to reside on the abandoned residential property for which the rehabilitation is sought;  (4) Has the financial resources to rehabilitate the abandoned residential property in accordance with the terms of the agreement;  (5) Has the ability to complete the rehabilitation within a reasonable time and maintain the property in a decent, safe and sanitary condition; and  (6) Meets such other requirements as are imposed by the governing body; or  (b) Be an organization that:  (1) Is recognized as exempt pursuant to 26 U.S.C. § 501(c)(3) or 501(c)(4);  (2) Provides affordable housing to natural persons who meet the criteria set forth in subparagraphs (1) and (2) of paragraph (a); and  (3) Has the financial resources to rehabilitate the abandoned residential property in accordance with the terms of the agreement.  2. Any abandoned residential property for which an application for the rehabilitation is sought must be:  (a) Entirely situated within the boundaries of the city or within an unincorporated area of the county, as the case may be;  (b) Capable of rehabilitation within reasonable limits; and  (c) Subject to not more than two encumbrances.  (Added to NRS by 1989, 190; A 2005, 1305; 2019, 1414)
NV Rev Stat § 279B.050 (2021)
2021 Nevada Revised Statutes|Chapter 279B - Rehabilitation of Abandoned Residential Property|NRS 279B.050 - Agency to inspect property and interview applicant for rehabilitation; recommendation to governing body.

  1. Upon receiving an application for rehabilitation of abandoned residential property, the agency shall inspect the property to determine if rehabilitation of the property is feasible.  2. After inspection of the property, the agency shall interview the applicant or, if the applicant is an organization described in paragraph (b) of subsection 1 of NRS 279B.040, the representative of the organization, to determine if the applicant satisfies the criteria for eligibility for the rehabilitation of abandoned residential property and, if the applicant satisfies those criteria, the terms and conditions of the agreement to rehabilitate the property.  3. The agency shall recommend to the governing body the terms and conditions of the agreement.  (Added to NRS by 1989, 190; A 2005, 1306)