67-48.040. EHCL General Program Procedures and Restrictions  

Effective on Tuesday, June 23, 2020
  • 1(1) The proceeds of all loans shall be used for life-safety, health, sanitation, or security-related repairs or improvements which result in making the Development safe and secure, and meeting requirements of state, federal, or local regulations, as well as all requirements outlined in a competitive solicitation.

    47(2) Funding provided under the EHCL Program may not exceed $750,000 per Housing Community for the Elderly.

    65(3) Loan proceeds shall not be used to pay for administrative costs, routine maintenance or new construction.

    82Rulemaking Authority 84420.507, 85420.508 FS. 87Law Implemented 89420.5087(3) FS. 91History–New 10-8-14, Repromulgated 9-15-16, 5-24-17, 7-8-18, 7-11-19, 6-23-20.