Low Income Housing Tax Credits & Tax Exempt Bonds in Nevada, 2016

To receive 4% Tax Credits on a Tax Exempt Bond project, Applicants/Co-Applicants must comply with several criteria.

  • The project must meet the Eligible Project Categories requirements as outlined in the QAP. However, at the discretion of the Division administrator; all requirements in the eligible project categories (Sec. 11) need not be met as long as it is determined that the project provides decent, safe quality housing; and that it meets the needs of the tenant population.
  • Final energy analysis and inspection. The final energy analysis and inspection for new construction must have a REM Index Rating of 86 or higher. The final energy analysis/inspection for rehabilitation projects must show that all of the energy saving identified in the pre-energy analysis have been properly installed.
Contributed By: 
National Housing Trust

Other Items of Interest