Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter319 Assistance to Finance Housing |
TAX CREDITS FOR LOW-INCOME HOUSING |
NAC319.990. Ranking of certain projects that receive equal number of preference points.
Latest version.
- If two or more projects are eligible for a reservation of tax credits against the same apportionment account and have received the same number of preference points, the Division will rank the projects in order of priority based on criteria established in the annual plan. If the projects cannot be so ranked using those criteria, the Division will conduct a lottery to rank the projects.
(Added to NAC by Housing Div. by R057-97, eff. 1-15-98)