{"data":{"id":"us-nv/nrs-319.410","jurisdiction":"us-nv","citation":"NRS 319.410","heading":"Definitions.","body":"As used in NRS 319.410 to 319.440, inclusive, unless the context otherwise requires:\n1. “Affordability restriction” means a limit on rent that an owner may charge for occupancy of a dwelling unit in a project or a limit on the income of tenants for persons or families seeking to qualify as tenants in a project.\n2. “Federal low-income housing tax credit” has the meaning ascribed to it in NRS 360.863.\n3. “Owner” means a person who has an ownership interest in a project.\n4. “Project” means a residential housing development consisting of one or more dwelling units that:\n(a) Has been financed in whole or in part by tax credits relating to low-income housing, including, without limitation, the federal low-income housing tax credit, or any other money provided by a governmental agency, for which compliance is administered by the Division; and\n(b) Is subject to an affordability restriction.\n5. “Qualified contract” has the meaning ascribed to it in 26 U.S.C. § 42.\n6. “Qualified low-income housing project” has the meaning ascribed to it in 26 U.S.C. § 42.\n7. “Tenant” has the meaning ascribed to it in NRS 118A.170.","path":["TITLE 25 — PUBLIC ORGANIZATIONS FOR COMMUNITY SERVICE","CHAPTER 319 - ASSISTANCE TO FINANCE HOUSING","AFFORDABILITY RESTRICTIONS ON CERTAIN HOUSING"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-319.html#NRS319Sec410","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:36Z","sha256":"eb10350f709fa9c7e03a4ff51f37bbdf13d367253c3b38a73e1612e19046b86b","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-319.390","next":"us-nv/nrs-319.420"},"notice":"GroundRules: Original legal text. Not legal advice."}