The Florida Housing Finance Corporation (Florida Housing) announces a funding cycle (Cycle XIX) for the State Apartment Incentive Loan (SAIL) Program, pursuant to Section 420.5087, Florida Statutes, and Chapter 67-48, Florida Administrative Code (F.A.C.).
In accordance with Section 420.5087(3), Florida Statutes, for the six-month period beginning with the publication of this NOFA, program funds shall also be reserved by designated tenant group category at the percentages determined by using the most recent statewide low-income rental housing market studies available.
A minimum of 10% of SAIL program funds shall be distributed for New Construction or Substantial Rehabilitation of Commercial Fishing Worker/Farmworker housing.
Florida Housing currently anticipates making approximately $4,500,000 from the Cycle XIX allocation available for this purpose. These funds will be awarded through a competitive Request for Proposal process.
All proposals must be submitted to: Florida Housing Finance Corporation,
For more information on the timing of this RFP process contact Derek Helms at (850)488-4197. If you are hearing or speech impaired, please contact Florida Housing using the Dual Party Relay System at 1(800)955-8770 and 1(800)955-8771.
