Section 319.975 - Application: Review and determination of eligibility for reservation or award of tax credits; written notice to applicant; request for review of determination; restriction1. The Division will:(a) Review each application for tax credits and any supporting documents to determine whether the requirements for eligibility for a reservation or award of tax credits are met and the amount of preference points that may be awarded; and(b) Determine the amount of tax credits for which the project may be eligible.2. The Division will notify each applicant in writing of the results of its review. An applicant may, after receiving a notice pursuant to this subsection, request a review of the application with the Division.3. A request for a review submitted pursuant to subsection 2 must be made in writing and received by the Division within 5 days after the notice is sent pursuant to that subsection. An applicant may not, after submitting a request for review, contact the Administrator concerning the application until the Division notifies the applicant that the review is complete.4. An application and any supporting documents will not be changed during a review conducted by the Division unless the change is necessary to clarify or document the status of the project sponsor or project as the sponsor or project existed at the time the application was filed.5. If the Division reviews an application pursuant to this section, an applicant may not request a review of the application by the Administrator pursuant to NAC 319.984 until the Division gives notice to the applicant of the results of its review.6. Upon completion of the review of the application conducted pursuant to subsection 3, the Division will give notice to the applicant that the review is complete and of the results of its review.7. The Division may provide any notice required by this section by electronic mail.Nev. Admin. Code § 319.975
Added to NAC by Housing Div. by R057-97, eff. 1-15-98; A by R115-14, eff. 10/27/2015