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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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67-60. Competitive Solicitation Funding Process |
1The purpose of this rule chapter is to establish the procedures by which the Corporation shall:
17(1) Administer the competitive solicitation funding process to make and service mortgage loans for new construction or rehabilitation of affordable rental units under the State Apartment Incentive Loan (SAIL) Program authorized by section 50420.5087, F.S., 52and the HOME Investment Partnerships (HOME) Program authorized by section 62420.5089, F.S.;
64(2) Administer the competitive solicitation processes to implement the provisions of the Housing Credit (HC) Program authorized by Section 42 of the IRC and section 89420.5099, F.S.; 91and,
92(3) Administer the competitive solicitation funding process for any other Corporation program.
104(4) This rule chapter shall be reviewed, and if necessary, repealed or renewed through the rulemaking process no later than five years from the effective date.
130Rulemaking Authority 132420.507(12) FS. 134Law Implemented 136420.507(48), 137420.5087, 138420.5089(2), 139420.5099 FS. 141History–New 8-20-13, Amended 10-8-14, Repromulgated 9-15-16, 7-8-18, Amended 7-6-22.
