Go to previous versions of this Statute
2022 (you are here)
2021
2020
2019
2017
Other previous versions

2022 Nevada Revised Statutes
Chapter 278 - Planning and Zoning
NRS 278.01904 - "Tier three affordable housing" defined.

Universal Citation: NV Rev Stat § 278.01904 (2022)
Previous Next

1. "Tier three affordable housing" means housing for a household:

(a) Which has a total monthly gross income that is equal to more than 80 percent but not more than 120 percent of the median monthly gross household income for the county in which the housing is located; and

(b) Which costs not more than 30 percent of the total monthly gross household income of a household whose income equals 120 percent of the median monthly gross household income for the county in which the housing is located, including the cost of utilities.

2. For purposes of this section, median gross household income must be determined based upon the estimates of the United States Department of Housing and Urban Development of the most current median gross family income for the county in which the housing is located.

(Added to NRS by 2019, 1410)

Previous Next
Disclaimer: These codes may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.