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)