FLORIDA HOUSING FINANCE CORPORATION
RFA 2015-110 for Financing of Affordable Multifamily Housing Developments with HOME Funding to be used in conjunction with Florida Housing-Issued MMRB and Non-Competitive HC
This Request for Applications (RFA) is open to Applicants proposing the development of affordable, multifamily housing utilizing HOME Investment Partnerships (HOME-rental) Program funding in conjunction with Florida Housing-issued Multifamily Mortgage Revenue Bond (MMRB) Program funding and Non-Competitive Housing Credits.
Under this RFA, Florida Housing Finance Corporation (the Corporation) expects to have an estimated $25 million in HOME funding available for award.
The Corporation is soliciting applications from qualified Applicants that commit to provide housing in accordance with the terms and conditions of this RFA, inclusive of the exhibits, applicable laws, rules and regulations, and the Corporation’s generally applicable construction and financial standards. NOTE: If any part of the proposed Development site that is the subject of an Application for this RFA is also the subject of an Application submitted in response to the SAIL RFA 2015-112, the proposed Development submitted for the SAIL RFA 2015-112 will not be eligible to receive any funding offered in that RFA.
Applications shall be accepted until 11:00 a.m., Eastern Time, on Tuesday, October 20, 2015, and sent 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. The RFA, which outlines selection criteria and Applicant’s responsibilities, can be downloaded from the Florida Housing Finance Corporation website at http://www.floridahousing.org/Developers/MultiFamilyPrograms/Competitive/2015-110/.
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.
