The Authority or a business entity, as applicable, shall agree with the governing body of each affected city, town, county or other political subdivision to make such payments in lieu of taxes as it finds consistent with the achievement of the purposes of NRS 315.961 to 315.99874, inclusive, including, without limitation, the development, operation and management of attainable housing.
NRS 315.990
Payments in lieu of taxes
Known as the Housing Authorities Law
The act spans §§ 315–315 (157 sections).
(Added to NRS by 1973, 619; A 1987, 525; 2005, 223; 2021, 1091)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.