This rule chapter is so obsolete and is being repealed.

 

FLORIDA HOUSING FINANCE CORPORATION

RULE NO.:RULE TITLE:

67-43.002Definitions

67-43.005Program Income Targeting

67-43.006Eligible Activities

67-43.008Terms and Conditions of Loans

67-43.010Construction Disbursements and Permanent Loan Servicing

67-43.012Fees

PURPOSE AND EFFECT: This rule chapter is so obsolete and is being repealed.

SUMMARY: This rule chapter set forth procedures and requirements for the State Apartment Incentive Loan/Hurricane Andrew Recovery and Rebuilding Program. This program was created by the Florida Legislature in 1993 and is no longer in existence, and therefore there is no need for a rule implementing this program.

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: The rule is not likely to have an adverse impact on economic growth, private sector job creation or employment, or private sector investment in excess of $1 million in the aggregate within 5 years after the implementation of the rule. The rule is not likely to have an adverse impact on business competitiveness, including the ability of persons doing business in the state to compete with persons doing business in other states or domestic markets, productivity, or innovation in excess of $1 million in the aggregate within 5 years after the implementation of the rule. In addition, the rule is not likely to increase regulatory costs, including any transactional costs, in excess of $1 million in the aggregate within 5 years after the implementation of the rule.

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: : 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: Marisa Button

 

THE FULL TEXT OF THE PROPOSED RULE IS:

67-43.002 Definitions

Rulemaking Authority 420.507 FS. Law Implemented 420.5087 FS., Chapter 93-186, Laws of Florida. History–New 1-25-94, Formerly 9I-43.002, Repealed ________.

 

67-43.005 Program Income Targeting

Rulemaking Authority 420.507 FS. Law Implemented 420.5087 FS., Chapter 93-186, Laws of Florida. History–New 1-25-94, Formerly 9I-43.005, Repealed ________.

 

67-43.006 Eligible Activities

Rulemaking Authority 420.507 FS. Law Implemented 420.5087 FS., Chapter 93-186, Laws of Florida. History–New 1-25-94, Formerly 9I-43.006, Repealed ________.

 

67-43.008 Terms and Conditions of Loans

Rulemaking Authority 420.507 FS. Law Implemented 420.5087 FS., Chapter 93-186, Laws of Florida. History–New 1-25-94, Formerly 9I-43.008, Amended 11-17-03, Repealed ________.

 

67-43.010 Construction Disbursements and Permanent Loan Servicing

Rulemaking Authority 420.507 FS. Law Implemented 420.5087 FS., Chapter 93-186, Laws of Florida. History–New 1-25-94, Formerly 9I-43.010, Repealed ________.

 

67-43.012 Fees

Rulemaking Authority 420.507 FS. Law Implemented 420.5087 FS., Chapter 93-186, Laws of Florida. History–New 1-25-94, Formerly 9I-43.012, Repealed ________.

 

 

NAME OF PERSON ORIGINATING PROPOSED RULE: Marisa Button

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

DATE PROPOSED RULE APPROVED BY AGENCY HEAD: October 16, 2020