TRUST FUND ALLOCATION HISTORY

The formal application period for the Low-Income Housing Trust Fund runs concurrently with the application period for the Division's HOME and Low-Income Housing Tax Credit Programs.  Although, as needs arise, the Division may consider applications on a case-by-case basis year round.   The Division may be contacted at (775) 687-4258 or at (800) 227-4960, extensions 222 or 265, for further assistance.  To request an application, contact either Debbie Parra dparra@govmail.state.nv.us or Soni Bigler sbigler@govmail.state.nv.us

 

Fiscal Year Amount of Funds Available for Project/Services Amount Committed to Projects Amount Disbursed to Project/Services* Balance of Funds Not Disbursed  
1995 $3,563,215.00 $3,563,215.00 $3,563,215.00                 0.00  
1996 $1,501,459.00 $1,501,459.00 $1,501,459.00                 0.00  
1997 $2,841,580.00 $2,841,580.00 $2,840,506.00 $       1,074.25  
1998 $3,761,603.00 $3,761,603.00 $3,681,603.00 $     80,000.00  
1999 $2,537,853.00 $2,537,853.00 $2,429,223.00 $   108,630.00  
2000 $3,020,000.00 $3,020,000.00 $1,979,252.28 $1,038,728,72  
2001 $3,784,462.00 $3,225,419.44 $   845,900.87 $2,938,561.13  
2002 $1,999,149.24** $   $1,999,149.24  
Total $23,009,321.24 $20,451,129,44 $16,843,178.15 $6,166,143.34  

        

Amount of Funds Not Disbursed: $  2,558,191.80
YTD Accumulation Not Available for Commitment:  $ -1,999.149.24
Funds Pending Return of Written Agreements: $ -   372,123.59
Total of Uncommitted Funds Available for Disbursement: $     186,919.00

        *Funds are disbursed throughout the construction of a project, and although committed, may not be spent immediately.
        **Funds received through 1/31/01, but will not draw until end of FY 2001.  (Funds are not available for commitment until the end of each fiscal year and when revenues are received.)