This rule chapter implements a discontinued downpayment loan program and is being repealed.

 

FLORIDA HOUSING FINANCE CORPORATION

RULE NOS.:RULE TITLES:

67-51.001Definitions

67-51.002Notice of Funding Availability

67-51.003General Program Restrictions

67-51.004Application Procedures

67-51.005Terms and Conditions of Loans

67-51.006Loan Processing

67-51.007Fees

PURPOSE AND EFFECT: This rule chapter implements a discontinued downpayment loan program and is being repealed.

SUBJECT AREA TO BE ADDRESSED: This rule chapter sets forth procedures and requirements for the Homeownership Assistance for Moderate Income Loan Program. This program provided qualified low to moderate income borrowers up to $10,000 in the form of a 10 year amortizing second mortgage. This program was discontinued in 2013, and therefore there is no need for a rule implementing this program.

RULEMAKING AUTHORITY: 420.507(12) FS.

LAW IMPLEMENTED: 120.53, 420.507 FS.

IF REQUESTED IN WRITING AND NOT DEEMED UNNECESSARY BY THE AGENCY HEAD, A RULE DEVELOPMENT WORKSHOP WILL BE NOTICED IN THE NEXT AVAILABLE FLORIDA ADMINISTRATIVE REGISTER.

THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE DEVELOPMENT AND A COPY OF THE PRELIMINARY DRAFT, IF AVAILABLE, IS: David Westcott, Florida Housing Finance Corporation, 227 N. Bronough Street, Suite 5000. Tallahassee, FL 32301.

THE PRELIMINARY TEXT OF THE PROPOSED RULE DEVELOPMENT IS NOT AVAILABLE.