FLORIDA HOUSING FINANCE CORPORATION
Request for Applications 2017-109 – Development Viability Loan Funding
This Request for Applications (RFA) is open to Applicants that have an Active Award of (a) 9 percent Housing Credits, (b) State Apartment Incentive Loan (SAIL) funding used in conjunction with (i) Tax-Exempt Bond financing (i.e., Corporation-issued Multifamily Mortgage Revenue Bonds (MMRB) or Non-Corporation-issued Tax-Exempt Bonds obtained through a Public Housing Authority (established under Chapter 421, F.S.), a County Housing Finance Authority (established pursuant to Section 159.604, F.S., or a Local Government) and (ii) Non-Competitive Housing Credits, or (c) HOME Investment Partnerships (HOME) funding used in conjunction with Corporation-issued MMRB and Non-Competitive Housing Credits, awarded through one of the following Requests for Applications: 2014-111, 2014-114, 2014-115, 2015-106, 2015-107, 2015-108, 2015-110, 2015-111, 2015-112, 2015-113, 2016-102, or 2016-103. To be eligible for funding, as of Application Deadline the Development must not have closed on their Limited Partnership Agreement, Tax-Exempt Bond financing, or any other Corporation funding (excluding PLP and EHCL funding), must not have recorded a Notice of Commencement with the appropriate local jurisdiction and must not have a final credit underwriting report.
Applications shall be accepted until 11:00 a.m., Eastern Time, on August 4, 2017, 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 website at http://www.floridahousing.org/programs/developers-multifamily-programs/competitive/2017/2017-109.
Any modifications that occur to the Request for Applications will be posted at the website 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.
