67-48.001. Purpose and Intent  


Effective on Thursday, July 11, 2019
  • 1The purpose of this rule chapter is to establish the procedures by which the Corporation shall:

    17(1) Address loan amounts, make and service mortgage loans for new construction or rehabilitation of affordable rental units under the State Apartment Incentive Loan (SAIL) Program and the Elderly Housing Community Loan (EHCL) Program authorized by section 54420.5087, F.S., 56and the HOME Investment Partnerships (HOME) Program authorized by section 66420.5089, F.S.; 68and,

    69(2) Address Competitive Housing Credit amounts and implement the provisions of the Housing Credit (HC) Program authorized by Section 42 of the IRC and Section 94420.5099, F.S.

    96Rulemaking Authority 98420.507, 99420.508 FS. 101Law Implemented 103420.5087, 104420.5089(2), 105420.5099 FS. 107History–New 7-22-96, Amended 12-23-96, 1-6-98, Formerly 9I-48.001, Amended 11-9-98, Repromulgated 2-24-00, 2-22-01, Amended 3-17-02, Repromulgated 4-6-03, 3-21-04, Amended 2-7-05, Repromulgated 1-29-06, 4-1-07, Amended 3-30-08, Repromulgated 8-6-09, Amended 11-22-11, 10-9-13, 10-8-14, Repromulgated 9-15-16, 5-24-17, 7-8-18, 7-11-19.

     

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