AB366

Existing law requires the Housing Division of the Department of Business and Industry, subject to the availability of funds appropriated for such a purpose, to develop and implement a grant program for the purpose of awarding grants for the development of subsidized housing and the provision of services to assist eligible persons by reducing barriers to their retention of housing. The program is required to include a process for applying for a grant to: (1) procure and develop such supportive housing; (2) train and build the capacity of a supportive housing partnership; (3) fund the operation of a supportive housing partnership; and (4) analyze the progress of supportive housing in this State. (NRS 319.600) Additionally, existing law creates the Nevada Supportive Housing Development Fund in the State Treasury and requires that money in the Fund be used to carry out the supportive housing grant program. (NRS 319.610) Section 1 of this bill removes the provision that the development and implementation of such a grant program by the Housing Division is subject to the availability of funds appropriated for such a purpose. Section 2 of this bill changes the designation of the Nevada Supportive Housing Development Fund from a special revenue fund in the State Treasury to an account in the State General Fund. Section 2 also provides that the money in the redesignated Nevada Supportive Housing Development Account does not revert to the State General Fund at the end of any fiscal year