FLORIDA HOUSING FINANCE CORPORATION
Notice of Funding Availability
FLORIDA HOUSING FINANCE CORPORATION
STATE APARTMENT INCENTIVE LOAN (SAIL) PROGRAM
NOTICE OF FUNDING AVAILABILITY (NOFA)
The Florida Housing Finance Corporation (Florida Housing) announces the availability of funding 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.). The funding will be offered through one or more competitive solicitations.
In accordance with Sections 8 and 9 of Chapter 2013-106, Laws of Florida, the following funding has been appropriated for the SAIL Program: (i) $25 million reserved for rental units for the elderly as defined in Section 420.0004, Florida Statutes, (ii) $25 million reserved for rental units for extremely low-income persons as defined in Section 420.0004, Florida Statutes, and (iii) $10 million reserved for the construction or rehabilitation of units for families, with the requirement to set aside a specific portion of the units for Persons with Developmental Disabilities as defined in Section 393.063, Florida Statutes.
For more information on opening and closing dates of the competitive solicitations, or on how to submit an Application, please access Florida Housing’s website at http://apps.floridahousing.org/StandAlone/FHFC_ECM/ContentPage.aspx?PAGE=0171. If you are hearing or speech impaired please contact Florida Housing using the Dual Party Relay System at 1(800)955-8770 or 1(800)955-8771.
All Applications submitted in response to a competitive solicitation must be submitted to Florida Housing in accordance with the requirements of the applicable Request for Applications, provisions of all applicable Florida Statutes, and Rule Chapters 67-48 and 67-60, F.A.C.
