FLORIDA HOUSING FINANCE CORPORATION
Request for Applications 2015-104 – Housing Credit Financing for the Preservation of Existing Affordable Multifamily Housing Developments
Under this Request for Applications (RFA), Florida Housing Finance Corporation (the Corporation) expects to offer an estimated $6,210,000 of Housing Credits to qualified Applicants that commit to preserve existing affordable multifamily housing developments for the demographic categories of Families, the Elderly and Persons with a Disability. The RFA will include an Elderly Transformative Preservation goal to fund one (1) existing Elderly Development, which may be in the Corporation’s portfolio, with Housing Credits and State Apartment Incentive Loan (SAIL) Program income as gap financing to provide design and service supports to help elders stay in their homes as long as possible. Twenty percent of the total units in the proposed Development must be set aside for Frail Elderly Persons.
Applications shall be accepted until 11:00 a.m., Eastern Time, on Tuesday, June 23, 2015, to the attention of Ken Reecy, Florida Housing Finance Corporation, 227 North Bronough Street, Suite 5000, Tallahassee, Florida 32301-1329. For questions or additional information, please contact Ken Reecy at Ken.Reecy@floridahousing.org or as otherwise directed in the RFA. This Request for Applications, which outlines selection criteria and Applicant’s responsibilities, can be downloaded from the Florida Housing Finance Corporation web site http://www.floridahousing.org/Developers/MultiFamilyPrograms/Competitive/2015-104/.
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.
