Section 319.974 - Application: Submission; grounds for rejection; review and retention of rejected applications; subsequent reservation rounds1. An application for tax credits must be: (a) Completed by the applicant in accordance with the instructions for completing the application prepared by the Division pursuant to NAC 319.970; and(b) Comply with the requirements of the qualified allocation plan.2. The Division may reject an application if:(a) It is incomplete or submitted after the deadline set forth in the qualified allocation plan; or(b) The Division determines that the project for which the application is submitted does not comply with the requirements for an award of tax credits set forth in the qualified allocation plan.3. If an application is rejected, the applicant may request a review of the application by the Administrator pursuant to the provisions of NAC 319.984.4. The Division will retain all rejected applications or not less than 3 years after the date of the application.5. Completed applications, supporting documents and any communication with the Division concerning those applications and documents will be kept confidential until the final determination concerning the reservation of tax credits is made by the Administrator pursuant to NAC 319.978.Nev. Admin. Code § 319.974
Added to NAC by Housing Div. by R057-97, eff. 1-15-98; A by R115-14, eff. 10/27/2015