Eagle Ridge Subdivison, LLC

NAME OF THE PETITIONER: Eagle Ridge Subdivison, LLC

DATE PETITION WAS FILED:  December 20, 2005

RULE NUMBER AND NATURE OF THE RULE FROM WHICH THE WAIVER OR VARIANCE IS SOUGHT: Rules 67-50.001(8) and 67-50.060(2), Florida Administrative Code, which limits the subsidy to 25% of the purchase price of the home.

REFERENCE TO THE PLACE AND DATE OF THE PUBLICATION OF THE NOTICE OF PETITION:  Florida Administrative Weekly, December 30, 2005, Volume 31, No. 52.

THE DATE THE BOARD OF DIRECTORS OF FLORIDA HOUSING FINANCE CORPORATION ORDER APPROVED THE VARIANCE OR WAIVER: 

January 20, 2006.

THE GENERAL BASIS FOR THE DECISION:

The purpose of the underlying statute is to make loans to Eligible Housing Providers and Eligible Home Buyers for the construction of affordable housing.  The waiver will further this purpose. 

EXPLANATION OF HOW A COPY OF THE ORDER CAN BE OBTAINED:  A copy of the Order is available for public inspection during normal business hours, 8:00 a.m. to 5:00 p.m., Monday through Friday, except legal holidays, at Florida Housing Finance Corporation, 227 N. Bronough St., Suite 5000, Tallahassee, FL 32301-1329.  Requests for copies or inspections should be made to Sherry Green, Public Records Clerk, at the above address, telephone [phone], or e-mail to [e-mail].