On December 14, 2018, the Florida Housing Finance Corporation issued an order granting waiver of Rule 67-48.010(7) F.A.C. (2002) for In the Pines, Inc., forgiving all deferred interest on the SAIL loan and to extend payment of the outstanding ...

 

FLORIDA HOUSING FINANCE CORPORATION

RULE NO.:RULE TITLE:

67-48.010Terms and Conditions of SAIL Loans

The Florida Housing Finance Corporation hereby gives notice: On December 14, 2018, the Florida Housing Finance Corporation issued an order granting waiver of subsection 67-48.010(7) F.A.C. (2002) for In the Pines, Inc., forgiving all deferred interest on the SAIL loan and to extend payment of the outstanding principal balance of the SAIL loan over an additional 15 years consistent with the terms of this Order. Florida Housing determined that the Petitioner had demonstrated that it would suffer a substantial hardship if the waiver was not granted. The petition was filed on October 16, 2018 and notice of the receipt of petition was published on October 17, 2018 in Vol. 44, Number 203, F.A.R.

A copy of the Order or additional information may be obtained by contacting: Ana McGlamory, Corporation Clerk, Florida Housing Finance Corporation, 227 N. Bronough St., Suite 5000, Tallahassee, Florida 32301-1329. The Order has also been posted on Florida Housing's website at floridahousing.org.