67-58.015. Supplemental Loans for Green Building

A supplemental loan is available to Applicants who have been awarded CWHIP funds under this application cycle and have committed to the requirements contained in Part III. C.3. b. and c. of the Application instructions. The supplemental loan is forgiven on a per set-aside unit basis as the certification is received for each set-aside unit. If certification is not obtained, the pro-rata supplemental loan amount attributed to that set-aside unit that did not receive certification becomes due and payable immediately with a penalty of 18 percent of the pro-rata amount.

Rulemaking Authority 420.5095 FS. Law Implemented 420.5095 FS. History–New 12-23-07.