67-60.001. Purpose and Intent  

Effective on Sunday, July 8, 2018
  • 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 and the Elderly Housing Community Loan (EHCL) Program authorized by section 58420.5087, F.S., 60and the HOME Investment Partnerships (HOME) Program authorized by section 70420.5089, F.S.;

    72(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 97420.5099, F.S.; 99and,

    100(3) Administer the competitive solicitation funding process for any other Corporation program.

    112Rulemaking Authority 114420.507(12) FS. 116Law Implemented 118420.507(48), 119420.5087, 120420.5089(2), 121420.5099 FS. 123History–New 8-20-13, Amended 10-8-14, Repromulgated 9-15-16, 7-8-18.


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