In 1975, the Nevada Legislature determined that there was a shortage of safe, decent, and sanitary housing throughout the State for persons and families of low and moderate income.
Includes the following selection criteria:
In accordance with Section 42, each state allocating agency must have a Qualified Allocation Plan (QAP or Plan) which: Section 42 of the Internal Revenue Code (IRC or the Code) is the federal statute establishing the tax credit program. Nevada Housing Division administers the Low-Income Housing Tax Credit (LIHTC) program and is required as the state’s housing credit agency, to adopt a Plan describing the process for the allocation of housing credits. Meetings, Notices, Hearings, Actions & Events.