Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter319 Assistance to Finance Housing |
LOANS FOR MULTIPLE-UNIT HOUSING AND SITES FOR MOBILE HOMES |
NAC319.790. Eligibility of tenant.
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1. The Division will determine the maximum levels of income and other requirements for eligible tenants after considering:
(a) The median income of residents of each county in the State;
(b) The requirements and standards, including maximum levels of income, of applicable federal and state statutes and regulations;
(c) The size of the tenant’s family; and
(d) Any other factor which it deems relevant.
2. A family’s financial eligibility is determined by the family’s verified gross income, including:
(a) Salary or wages;
(b) Income from overtime;
(c) Tips;
(d) Income from part-time employment;
(e) Bonuses;
(f) Dividends;
(g) Interest;
(h) Royalties;
(i) Pensions;
(j) Compensation received from the Veterans’ Administration;
(k) Net rental income;
(l) Alimony;
(m) Payments for child support;
(n) Public assistance;
(o) Compensation for disability;
(p) Payments received from social security;
(q) Compensation for unemployment;
(r) Military allowances;
(s) Income received from business activities or investments; and
(t) Income received from trusts.
[Housing Division, Loans for Multifamily Homes Reg. § 8, eff. 7-23-80]—(NAC A 4-13-88)