NAC319.970. Annual plan: Publication by Division; contents; application form.

     1. Each calendar year constitutes a plan year for the purposes of the provisions of NAC 319.951 to 319.999, inclusive. The Division will publish an annual plan for each plan year. The annual plan will include:

     (a) Any findings by the Administrator relating to any applicable requirements for low-income housing and the priorities, policies and criteria for use during the plan year;

     (b) Dates for submitting applications and any other deadlines and procedural policies for use during the plan year;

     (c) The amount of the state ceiling and the total amount of tax credits available for reservation and award for the plan year and the manner in which those amounts will be apportioned among the reservation accounts specified in NAC 319.951 to 319.999, inclusive;

     (d) The criteria for selection, including minimum requirements, set-aside provisions, preference points and rules for breaking ties, for establishing the priorities and requirements for the plan year; and

     (e) Any other information or policies relied upon by the Division during the plan year that are in addition to or in lieu of the provisions of NAC 319.951 to 319.999, inclusive.

     2. The Division will prepare a form for the application for tax credits and instructions for the application for each plan year. The instructions will include a list of documents that must be submitted with the application.

     (Added to NAC by Housing Div. by R057-97, eff. 1-15-98)