Nev. Admin. Code ch. 118B § 118B.350

Formula for determining monthly income of applicant.

In Force
Verified 9/22/2026 · Next check 9/29/2026
effective 9/22/2026NevadaAffordable Housing Programs

Operative Text

Nev. Admin. Code ch. 118B § 118B.350
The
Division will determine the monthly income of an applicant by adding the annual
income of each person who owns and occupies the manufactured home for which
assistance from the Fund is requested, dividing that total annual income by the
number of persons who own and occupy the manufactured home and dividing that
amount by 12.
Source: Legislative text reproduced verbatim
Plain English

Under Nev. Admin. Code ch. 118B § 118B.350, the Division calculates an applicant's monthly income for manufactured-home assistance by first totaling the annual incomes of all co-owners who live in the home, then dividing that combined figure by the number of such co-owners, and finally dividing the result by 12. This per-person averaging approach means that each occupying co-owner's share of household income is weighted equally before the monthly figure is derived. The formula applies specifically to applicants seeking assistance from the Fund established under Chapter 118B.

Written by anthropic/claude-sonnet-4.6 · Reviewed on September 22, 2026

Plain English — not legal advice.

For Property Managers

Operators and park owners who interact with the Fund application process should be aware that Nev. Admin. Code ch. 118B § 118B.350 governs how the Division arrives at an applicant's monthly income figure. Because the formula averages annual income across all co-owners who occupy the home, accurate documentation of each occupying co-owner's income is central to the calculation. Managers who assist residents with Fund applications generally ensure that income records reflect all individuals who both own and reside in the manufactured home.

General guidance for property managers — not legal advice for your specific situation. Consult an attorney for advice on your case.

For Tenants

Nev. Admin. Code ch. 118B § 118B.350 sets out the specific formula the Division uses to determine whether an applicant qualifies for Fund assistance based on monthly income. If you co-own your manufactured home with others who also live there, each co-owner's annual income is factored into the calculation, which can affect the monthly income figure the Division uses. Applicants who believe their income was calculated incorrectly may raise that concern directly with the Division, consult a tenant-rights organization familiar with manufactured-home regulations, or explore other administrative remedies available under Chapter 118B.

General guidance for tenants — not legal advice for your specific situation. Consult a tenant-rights organization or attorney for advice on your case.

Generated September 22, 2026 — auto-generated, not yet human-reviewed. See /transparency for methodology.

Effective Timeline

Current
Sep 22, 2026
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Related Rules

§ 574.605
§ 574.605 Applicability of uniform administrative requirements, cost principles, and audit requirements for Federal awards.
§ 574.625
§ 574.625 Conflict of interest.
§ 574.645
§ 574.645 Coastal barriers.

Source Information

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Fetched:Sep 22, 2026, 07:00 PM UTC