Fund: Creation; use of money in Fund; eligibility to receive money from Fund; regulations.
1. There is hereby created as a special revenue fund in the State Treasury the Fund for Low-Income Owners of Manufactured Homes, to be administered by the Division. All money received for the use of the Fund pursuant to NRS 118B.213 or from any other source must be deposited in the Fund.
2. The interest and income earned on the money in the Fund, after deducting any applicable charges, must be credited to the Fund. All claims against the Fund must be paid as other claims against the State are paid.
3. The money in the Fund may be used only to pay necessary administrative costs and to assist eligible persons by supplementing their monthly rent for the manufactured home lot on which their manufactured home is located. Except as otherwise provided in subsection 5, to be eligible for assistance from the Fund a person must:
(a) Except as otherwise provided in this subsection, have been a tenant in the same manufactured home park in this state for at least 1 year immediately preceding his application for assistance;
(b) Be the registered owner of the manufactured home which is subject to the tenancy, as indicated on the certificate of ownership that is issued by the division pursuant to NRS 489.541;
(c) Have a monthly household income, as determined by the Administrator in accordance with subsection 4, which is at or below:
(1) The federally designated level signifying poverty or $750, whichever is greater, if the person is the sole occupant of the manufactured home; or
(2) The federally designated level signifying poverty or $1,125, whichever is greater, if the person is not the sole occupant of the manufactured home;
(d) Be a tenant in a manufactured home park that is operated for profit and maintain continuous tenancy in that park during the duration of the supplemental assistance; and
(e) Not have assets whose value is more than $12,000, excluding the value of:
(1) The manufactured home which is subject to the tenancy;
(2) The contents of that manufactured home; and
(3) One motor vehicle.
ÊA person who has been a tenant of a manufactured home park in this state for at least 1 year, but has not been a tenant of the manufactured home park in which he resides at the time he applies for assistance for at least 1 year, is eligible for assistance from the Fund if he moved to the manufactured home park in which he resides at the time of his application because he was unable to pay the rent at the manufactured home park from which he moved or because that park was closed.
4. In determining the monthly household income of an applicant pursuant to subsection 3, the Administrator shall exclude from the calculation:
(a) The value of any food stamps the applicant received pursuant to the Food Stamp Act of 1977, as amended, 7 U.S.C. §§ 2011 et seq., during the year immediately preceding his application for assistance; or
(b) If the applicant is receiving coverage pursuant to Medicare Part B, 42 U.S.C. §§ 1395j et seq., the value of the cost of that coverage during the year immediately preceding his application for assistance,
Êwhichever is greater.
5. The Administrator may waive the requirements for eligibility set forth in subsection 3 upon the written request of an applicant if the circumstances of the applicant have changed as a result of:
(a) Illness;
(b) Disability; or
(c) Extreme financial hardship based upon a significant reduction of income, when considering the applicant’s current financial circumstances.
ÊAn applicant shall include with his request for a waiver all medical and financial documents that support his request.
6. The Administrator shall adopt regulations establishing:
(a) The annual reporting requirements for persons receiving assistance pursuant to this section. The regulations must require that each such person provide the Division with a written acknowledgment of his continued eligibility for assistance.
(b) The maximum amount of assistance which may be distributed to a person to supplement his monthly rent pursuant to this section.
7. As used in this section:
(a) “Manufactured home” includes a travel trailer that is located on a manufactured home lot within a manufactured home park.
(b) “Monthly household income” means the combined monthly incomes of the occupants of a manufactured home which is subject to the tenancy for which assistance from the Fund is requested.
(c) “Travel trailer” has the meaning ascribed to it in NRS 489.150.
Last modified: February 27, 2006