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Florida Administrative Code (Last Updated: April 18, 2024) |
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67. Florida Housing Finance Corporation |
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D67. Departmental |
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67-50. Florida Housing Finance Corporation Homeownership Loan Program |
1The purpose of this rule chapter is to establish the Homeownership Loan Program procedures by which the Corporation shall:
20(1) Administer the Application process, determine loan amounts, and service loans to Developers for the construction of affordable housing and provide purchase assistance to Eligible Homebuyers under the Florida Homeownership Assistance Program (HAP)/Construction Loan Program as authorized by Sections 59420.507 60and 61420.5088, 62Florida Statutes (F.S.); and,
66(2) Administer the Application process, determine loan amounts, and service loans to Developers for the construction of affordable housing and provide purchase assistance to Eligible Homebuyers under the HOME Investment Partnerships (HOME) Homeownership Program as authorized by Section 104420.5089, F.S., 106and HUD regulations, 10924 CFR §92, 112which is adopted and incorporated into this rule chapter by reference and which is available on the HUD website at http://www.hud.gov/offices/cpd/affordablehousing/programs/home/index.cfm.
133Rulemaking 134Authority 135420.507(12), 136(14) FS. Law Implemented 140420.507(23), 141420.5088, 142420.5089(2) FS. 144History–New 9-5-02, Amended 12-28-04, 8-9-05.
