NRS 319.174
Advisory Committee on Housing: Creation

  • members
  • terms
  • vacancies
  • Chair
  • meetings
  • duties.

1.

There is hereby created the Advisory Committee on Housing, consisting of nine members as set forth in subsection 2.

2.

The Advisory Committee consists of:

(a)

One member who is a Legislator appointed by the Legislative Commission;

(b)

One member appointed by the Nevada Rural Housing Authority;

(c)

One member appointed by the Southern Nevada Regional Housing Authority;

(d)

One member appointed by the Reno Housing Authority; and

(e)

Five members appointed by the Director as follows:

(1)

One member who is knowledgeable and has experience in supportive housing programs and projects;

(2)

One member who is representative of builders and developers of multifamily housing projects;

(3)

One member who is knowledgeable in banking and the financing of housing projects;

(4)

One member who represents a local community development agency or regional planning agency in southern Nevada; and

(5)

One member who represents a local community development agency or regional planning agency in northern Nevada.
Ê The members of the Advisory Committee are not entitled to any additional compensation for their service in that capacity.

3.

A member of the Advisory Committee serves a term of 2 years and until his or her successor is appointed. A member may be reappointed for additional terms of 2 years in the same manner as the original appointment.

4.

A vacancy in the membership of the Committee must be filled in the same manner as the original appointment for the remainder of the unexpired term.

5.

The members of the Advisory Committee shall select a Chair from among their membership. The term of office of the Chair is 2 years. The Advisory Committee shall meet at least once each calendar quarter, and at the call of the Chair or upon the written request of the Administrator or a majority of the members of the Advisory Committee.

6.

The Division shall provide administrative support to the Advisory Committee.

7.

The Advisory Committee shall:

(a)

Review and comment on:

(1)

The annual housing progress report compiled by the Division pursuant to NRS 278.235;

(2)

The annual plan established by the Division for allocating tax credits for low-income housing pursuant to 26 U.S.C. § 42; and

(3)

Any other matter or information submitted to it by the Division.

(b)

Annually prepare and submit to the Private Activity Bond Council created by NRS 348A.050, a report concerning housing that addresses, without limitation:

(1)

Community needs for housing in this State;

(2)

Housing trends; and

(3)

Housing goals for this State.

8.

As used in this section:

(a)

“Director” means the Director of the Department of Business and Industry.

(b)

“Private activity bond” has the meaning ascribed to it in NRS 348A.010.

Source: Section 319.174 — Advisory Committee on Housing: Creation; members; terms; vacancies; Chair; meetings; duties., https://www.­leg.­state.­nv.­us/NRS/NRS-319.­html#NRS319Sec174.

319.020
Legislative findings and declaration
319.030
Definitions.
319.040
“Administrator” defined.
319.042
“Affordable housing” defined.
319.045
“Collateralized mortgage obligation” defined.
319.050
“Division” defined.
319.060
“Eligible family” defined.
319.070
“Governmental agency” defined.
319.090
“Lending institution” defined.
319.100
“Mortgage” defined.
319.110
“Mortgage loan” defined.
319.115
“Person with a disability” defined.
319.120
“Real property” defined.
319.130
“Residential housing” defined.
319.135
“Sponsor” defined.
319.140
General powers and duties of Division
319.141
Housing Advocate: Creation of position
319.143
Division required to create and maintain statewide low-income housing database
319.145
Designation as housing credit agency
319.147
Certification of assisted living facilities: Requirements
319.167
Division may enter into instruments, agreements and other transactions for certain purposes.
319.169
Account for Housing Inspection and Compliance: Creation
319.170
Funds and accounts
319.171
Investment in collateralized mortgage obligations or trusts.
319.172
Authority to make loans of investment securities.
319.173
Advisory Committee on Housing: Creation
319.174
Advisory Committee on Housing: Creation
319.190
Authority to make loans and issue letters of credit.
319.200
Terms and conditions of mortgage loan.
319.210
Investment in mortgages.
319.220
Mortgages in default: Foreclosure
319.230
Loans to or purchase of securities from lending institutions
319.235
Financing rental sites for mobile homes and equipment for conservation of energy in residential dwelling units.
319.240
Lending fees and charges.
319.250
Insurance.
319.260
Prerequisites to financing residential housing.
319.265
Requirements for regulations adopted by Division that establish program for financing certain residential housing projects.
319.267
Duty of certain owners of residential housing to submit quarterly report to Aging and Disability Services Division of Department of Health and Human Services.
319.270
Notes and bonds: Issuance
319.290
Notes and bonds: Pledges as security.
319.300
Bonds: Trust indentures as security.
319.310
Notes and bonds: Guarantees of payment.
319.320
Notes and bonds: Redemption
319.323
Issuance of collateralized mortgage obligations
319.325
Division may provide that bonds, notes or loans be insured or secured
319.327
Exemption of interest on Division’s bonds from federal income taxation: Waiver
319.330
Refunding obligations: Issuance, sale and exchange.
319.340
Bond reserve funds: Establishment
319.350
Bond reserve funds: Limitations.
319.360
Bond reserve funds: Purpose
319.370
Remedies of bondholders and noteholders.
319.380
Pledge against impairment of holders’ rights and remedies
319.390
Notes and bonds as legal investments.
319.500
Creation
319.510
Use and distribution of money in Account.
319.520
Regulations concerning distribution and use of money in Account
319.530
Pets must be allowed in housing acquired, constructed or rehabilitated with money from Account
319.900
False statements
Last Updated

Jun. 24, 2021

§ 319.174’s source at nv​.us