The purpose of this rule chapter is to establish the procedures by which the Corporation shall: (1) administer the competitive solicitation funding process to make and service mortgage loans for new construction or rehabilitation of affordable ...

 

FLORIDA HOUSING FINANCE CORPORATION

RULE NOS.:RULE TITLES:

67-60.001Purpose and Intent

67-60.002Definitions

67-60.003Notice and Posting of Competitive Solicitations

67-60.004Withdrawal of Competitive Solicitation or Application

67-60.005Modification of Terms of Competitive Solicitations

67-60.006Responsibility of Applicants

67-60.007Evaluation of Applications

67-60.008Right to Waive Minor Irregularities

67-60.009Applicant Administrative Appeal Procedures

67-60.010Funding Preferences

PURPOSE AND EFFECT: The purpose of this rule chapter is to establish the procedures by which the Corporation shall: (1) administer the competitive solicitation funding process to make and service mortgage loans for new construction or rehabilitation of affordable rental units under the State Apartment Incentive Loan (SAIL) Program and the Elderly Housing Community Loan (EHCL) Program authorized by Section 420.5087, F.S., and the HOME Investment Partnerships (HOME) Program authorized by Section 420.5089, F.S.; (2) administer the competitive solicitation processes to implement the provisions of the Housing Credit (HC) Program authorized by Section 42 of the IRC and Section 420.5099, F.S.; and (3) administer the competitive solicitation funding process for any other Corporation program.

SUBJECT AREA TO BE ADDRESSED: The rule development workshop will be held to receive comments and suggestions from interested persons relative to the procedures for the multifamily competitive solicitation funding process.

RULEMAKING AUTHORITY: 420.507(48) FS.

LAW IMPLEMENTED: 420.5087, 420.5089(2), 420.5099 FS.

A RULE DEVELOPMENT WORKSHOP WILL BE HELD AT THE DATE, TIME AND PLACE SHOWN BELOW:

DATE AND TIME: Tuesday, March 22, 2016, 2:00 p.m., Eastern Standard Time

PLACE: Florida Housing Finance Corporation, 227 N. Bronough Street, 6th Floor, Seltzer Room, Tallahassee, Florida. The workshop will be accessible via telephone and call-in information is posted to the Florida Housing website http://www.floridahousing.org/Developers/MultiFamilyPrograms/Competitive/2016RuleDev/.

THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE DEVELOPMENT AND A COPY OF THE PRELIMINARY DRAFT, IF AVAILABLE, IS: Ken Reecy, Director of Multifamily Programs

THE PRELIMINARY TEXT OF THE PROPOSED RULE DEVELOPMENT IS AVAILABLE AT NO CHARGE FROM THE CONTACT PERSON LISTED ABOVE.