waiver from Colonial Lakes Apartments, LTD, of Rule 67-48.027, F.A.C., which prohibits submitting an Application for Housing Credits to Florida Housing, until after tax exempt bonds have been issued to the Development and subsection 67-48.0072(10), ...

FLORIDA HOUSING FINANCE CORPORATION

RULE NO.: RULE TITLE:
67-48.027: Tax-Exempt Bond-Financed Developments

NOTICE IS HEREBY GIVEN that on September 14, 2011, the Florida Housing Finance Corporation, received a petition for waiver from Colonial Lakes Apartments, LTD, of Rule 67-48.027, F.A.C., which prohibits submitting an Application for Housing Credits to Florida Housing, until after tax exempt bonds have been issued to the Development and subsection 67-48.0072(10), F.A.C., which requires the Credit Underwriter to review and determine whether there will be a negative impact to Guarantee Fund Developments within the primary market area or within five miles of the proposed Development.
A copy of the Petition for Variance or Waiver may be obtained by contacting: Della Harrell, Corporation Clerk, Florida Housing Finance Corporation, 227 North Bronough Street, Suite 5000, Tallahassee, Florida 32399-1329. The Petition has also been posted on Florida Housing’s website: floridahousing.org. Florida Housing will accept comments concerning the Petition for 14 days from the date of publication of this notice. To be considered, comments must be received on or before 5:00 p.m. (Eastern Standard Time), on the 14th day after publication of this notice at: Florida Housing Finance Corporation, 227 North Bronough Street, Suite 5000, Tallahassee, Florida 32399-1329.