Waiver/Variance from paragraph 67-48.0010(3)(b), F.A.C., from 350 N.W., LLC. The petition is seeking a waiver to allow the interest rate on the SAIL loan to be reduced from three percent (3%) to one half of the percent (.5%), based on the pro rata ...

FLORIDA HOUSING FINANCE CORPORATION

RULE NO: RULE TITLE
67-48.010: Terms and Conditions of SAIL Loans

NOTICE IS HEREBY GIVEN that on December 22, 2009, the Florida Housing Finance Corporation, received a petition for Waiver/Variance from paragraph 67-48.0010(3)(b), F.A.C., from 350 N.W., LLC. The petition is seeking a waiver to allow the interest rate on the SAIL loan to be reduced from three percent (3%) to one half of the percent (.5%), based on the pro rata share of units set aside for homeless, as per the latest SAIL rule, paragraph 67-48.010(3)(b), F.A.C. (2007).
A copy of the Petition for Variance or Waiver may be obtained by contacting: Della Harrell, Corporation Clerk, Florida Housing Finance Corporation, 227 North Bronough Street, Suite 5000, Tallahassee, Florida 32399-1329. The Petition has also been posted on Florida Housing’s website at www.floridahousing.org. Florida Housing will accept comments concerning the Petition for 14 days from the date of publication of this notice. To be considered, comments must be received on or before 5:00 p.m. (Eastern Standard Time), on the 14th day after publication of this notice at Florida Housing Finance Corporation, 227 North Bronough Street, Suite 5000, Tallahassee, Florida 32399-1329.