NAME OF THE PETITIONER: BISCAYNE APARTMENTS ASSOCIATES, LTD DATE PETITION WAS FILED: September 14, 2010 RULE NUMBER AND NATURE OF THE RULE FROM WHICH THE WAIVER OR VARIANCE IS SOUGHT: Subsection 9I-ER93-10(3), F.A.C., which requires “Interest ...

FLORIDA HOUSING FINANCE CORPORATION

NOTICE IS HEREBY GIVEN that on October 22, 2010, the Florida Housing Finance Corporation has issued an order.
NAME OF THE PETITIONER: BISCAYNE APARTMENTS ASSOCIATES, LTD
DATE PETITION WAS FILED: September 14, 2010
RULE NUMBER AND NATURE OF THE RULE FROM WHICH THE WAIVER OR VARIANCE IS SOUGHT: Subsection 9I-ER93-10(3), F.A.C., which requires “Interest payments, where applicable, on the HOME mortgage will be due to the servicer on the first day of the calendar quarter”.
REFERENCE TO THE PLACE AND DATE OF THE PUBLICATION OF THE NOTICE OF PETITION: Florida Administrative Weekly, September 24, 2010, Vol. 36, No. 38.
THE DATE THE BOARD OF DIRECTORS OF FLORIDA HOUSING FINANCE CORPORATION APPROVED THE VARIANCE OR WAIVER: October 22, 2010
THE GENERAL BASIS FOR THE DECISION: The purpose of the underlying statute is to make loans to Eligible Housing Providers and Eligible Home Buyers for the construction of affordable housing. The waiver will further this purpose.
A copy of the Order may be obtained by contacting: Della Harrell, Corporation Clerk at [phone] or email: [e-mail]. The Final Order is posted on Florida Housing’s website at: www.floridahousing.org.