Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter319 Assistance to Finance Housing |
LOANS FOR MULTIPLE-UNIT HOUSING AND SITES FOR MOBILE HOMES |
NAC319.725. Federally insured, guaranteed or subsidized loan required if project sponsored by certain partnerships.
Latest version.
- If a project is sponsored by a partnership which:
1. Has more than 10 partners; or
2. Is a limited partnership,
Ê the project must be financed by a mortgage loan which is insured, guaranteed or subsidized by the United States or a governmental agency or instrumentality thereof.
(Added to NAC by Housing Division, eff. 10-26-83; A by R140-01, 8-2-2002)