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 ....

Document Information

Comments Open:: 7/1/2024
Summary:: The proposed Rule creates a formulated process for administering the competitive solicitation funding process for the Corporation’s programs.
Purpose:: 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 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 ...
Rulemaking Authority:: 420.507(12) FS.
Law:: 420.507(47), (48), (49), 420.5087, 420.5089(2), 420.5099 FS.
Related Rules: (1): 67-60.010. Funding Preferences