This rule chapter is for a discontinued downpayment loan program and is being repealed.

 

FLORIDA HOUSING FINANCE CORPORATION

RULE NOS.:RULE TITLES:

67-51.001Definitions

67-51.003General Program Restrictions

67-51.004Application Procedures

67-51.005Terms and Conditions of Loans

67-51.006Loan Processing

67-51.007Fees

PURPOSE AND EFFECT: This rule chapter is for a discontinued downpayment loan program and is being repealed.

SUMMARY: The Agency has determined that this will not have an adverse impact on small business or likely increase directly or indirectly regulatory costs in excess of $200,000 in the aggregate within one year after the implementation of the rule. A SERC has not been prepared by the Agency.

SUMMARY OF STATEMENT OF ESTIMATED REGULATORY COSTS AND LEGISLATIVE RATIFICATION:

The Agency has determined that this will not have an adverse impact on small business or likely increase directly or indirectly regulatory costs in excess of $200,000 in the aggregate within one year after the implementation of the rule. A SERC has not been prepared by the Agency.

The Agency has determined that the proposed rule is not expected to require legislative ratification based on the statement of estimated regulatory costs or if no SERC is required, the information expressly relied upon and described herein:

Any person who wishes to provide information regarding a statement of estimated regulatory costs, or provide a proposal for a lower cost regulatory alternative must do so in writing within 21 days of this notice.

RULEMAKING AUTHORITY: (formerly “Specific Authority”): 420.507 FS

LAW IMPLEMENTED: 420.5087 FS., Chapter 93-186, Laws of Florida.

IF REQUESTED WITHIN 21 DAYS OF THE DATE OF THIS NOTICE, A HEARING WILL BE SCHEDULED AND ANNOUNCED IN THE FAR.

THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE IS: David Westcott

 

THE FULL TEXT OF THE PROPOSED RULE IS:

 

67-51.001 Definitions.

Rulemaking Authority 420.507(12), (24) FS. Law Implemented 420.509, 420.509(11)(c) FS. History–New 12-7-03, Amended 2-2-05, 7-10-06, Repealed ________.

 

67-51.003 General Program Restrictions.

Rulemaking Authority 420.507(12), 420.507(24) FS. Law Implemented 420.509, 420.509(11)(c) FS. History–New 12-7-03, Repromulgated 7-10-06, Repealed ________.

 

67-51.004 Application Procedures.

Rulemaking Authority 420.507(12), (24) FS. Law Implemented 420.509, 420.509(11)(c) FS. History–New 12-7-03, Amended 7-10-06, Repealed ________.

 

67-51.005 Terms and Conditions of Loans.

Rulemaking Authority 420.507(12), 420.507(24) FS. Law Implemented 420.509, 420.509(11)(c) FS. History–New 12-7-03, Amended 7-10-06, Repealed ________.

 

67-51.006 Loan Processing.

Rulemaking Authority 420.507(12), 420.507(24) FS. Law Implemented 420.509, 420.509(11)(c) FS. History–New 12-7-03, Repromulgated 7-10-06, Repealed ________.

 

67-51.007 Fees.

Rulemaking Authority 420.507(12), 420.507(24), 420.507(4) FS. Law Implemented 420.509, 420.509(11)(c) FS. History–New 12-7-03, Repromulgated 7-10-06, Repealed ________.

 

NAME OF PERSON ORIGINATING PROPOSED RULE: David Westcott

NAME OF AGENCY HEAD WHO APPROVED THE PROPOSED RULE: Ron Lieberman, Chair

DATE PROPOSED RULE APPROVED BY AGENCY HEAD: 4/30/2021

DATE NOTICE OF PROPOSED RULE DEVELOPMENT PUBLISHED IN FAR: June 3, 2021