FLORIDA HOUSING FINANCE CORPORATION
RFA 2018-101 SAIL Financing for Smaller Developments for Persons with Special Needs and Homeless Households
This Request for Applications (RFA) is open to Non-Profit Applicants proposing new construction or acquisition and Substantial Rehabilitation to create new housing for Persons with Special Needs as defined in Section 420.0004(13), F.S.; and for individuals and families that meet the Homeless definition as defined in Section 420.621(5), F.S.
Florida Housing Finance Corporation (the Corporation) expects to offer an estimated $18,200,000, comprised of the State Apartment Incentive Loan (SAIL) funding appropriated by the 2017 Florida Legislature as outlined below. This includes funding for ELI gap loans associated with the units that must be set aside for Extremely Low-Income (ELI) Households.
The intent of this RFA is to help communities address the significant need for rental housing for some of the most vulnerable individuals living in their communities. Funding has been made available as follows:
(1)$14,200,000 available for Applications to provide Permanent Supportive Housing for Persons with Special Needs as defined in Section 420.0004(13), F.S.
(2)$4,000,000 available for Applications to provide permanent rental housing for individuals and families that meet the Homeless definition as defined in Section 420.621(5), F.S.
Applications shall be accepted until 11:00 a.m., Eastern Time, on Thursday, March 1, 2018, and sent to the attention of Marisa Button, Florida Housing Finance Corporation, 227 North Bronough Street, Suite 5000, Tallahassee, Florida 32301-1329. For questions or additional information, please contact Marisa Button at Marisa.Button@floridahousing.org. The RFA, which outlines selection criteria and Applicant’s responsibilities, can be downloaded from the Florida Housing Finance Corporation web site at http://www.floridahousing.org/programs/developers-multifamily-programs/competitive/2018/2018-101
Any modifications that occur to the Request for Applications will be posted at the web site and may result in an extension of the deadline. It is the responsibility of the Applicant to check the website for any modifications prior to the deadline date.
