The purpose of this rule chapter is to establish the Homeownership Pool (“HOP”) Program procedures by which the Corporation shall administer the Application process, determine loan amounts, service loans, and provide down payment assistance to ...

FLORIDA HOUSING FINANCE CORPORATION
RULE NOS.:RULE TITLES:
67-57.001Purpose and Intent
67-57.005Definitions
67-57.010Fees
67-57.020Notice of funding Availability (NOFA)
67-57.030Membership Application Procedures
67-57.040Property Standards
67-57.050HOP Program Restrictions
67-57.060Eligible Homebuyer Requirements
67-57.070Homebuyer Loan Process
67-57.080HOME Regulations
PURPOSE AND EFFECT: The purpose of this rule chapter is to establish the Homeownership Pool (“HOP”) Program procedures by which the Corporation shall administer the Application process, determine loan amounts, service loans, and provide down payment assistance to Eligible Homebuyers for the purchase of new construction Units or substantially rehabilitated under the Homeownership Assistance Program (HAP) as authorized by Section 420.5088, F.S., and the HOME Investment Partnerships Program (HOME) as authorized by Section 420.5089, F.S., and HUD regulations, 24 CFR § 92, which is adopted and incorporated into this rule chapter by reference and which is available on our website at http://www.floridahousing.org/Home/Developers/HomeownershipPrograms/HOP.
SUBJECT AREA TO BE ADDRESSED: HOP Program.
RULEMAKING AUTHORITY: 420.507(12), (14) FS.
LAW IMPLEMENTED: 420.507(23), 420.5088, 420.5089(2) FS.
IF REQUESTED IN WRITING AND NOT DEEMED UNNECESSARY BY THE AGENCY HEAD, A RULE DEVELOPMENT WORKSHOP WILL BE HELD AT THE DATE, TIME AND PLACE SHOWN BELOW:
DATE AND TIME: To be determined.
PLACE: To be determined.
THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE DEVELOPMENT AND A COPY OF THE PRELIMINARY DRAFT, IF AVAILABLE, IS: David R. Westcott, Director of Homeownership Programs, Florida Housing Finance Corporation, 227 North Bronough Street, Suite 5000, Tallahassee, FL 32301-1329, (850)488-4197
THE PRELIMINARY TEXT OF THE PROPOSED RULE DEVELOPMENT IS NOT AVAILABLE.

Document Information

Subject:: HOP Program
Purpose:: The purpose of this rule chapter is to establish the Homeownership Pool (“HOP”) Program procedures by which the Corporation shall administer the Application process, determine loan amounts, service loans, and provide down payment assistance to Eligible Homebuyers for the purchase of new construction Units or substantially rehabilitated under the Homeownership Assistance Program (HAP) as authorized by Section 420.5088, F.S., and the HOME Investment Partnerships Program (HOME) as authorized by ...
Rulemaking Authority:: 420.507(12), (14) F.S.
Law:: 420.507(23), 420.5088, 420.5089(2) F.S.
Contact:: David R. Westcott, Director of Homeownership Programs, Florida Housing Finance Corporation, 227 North Bronough Street, Suite 5000, Tallahassee, FL 32301-1329, (850) 488-4197.
Related Rules: (10): 67-57.001. Purpose and Intent; 67-57.005. Definitions; 67-57.010. Fees; 67-57.020. Notice of funding Availability (NOFA); 67-57.030. Membership Application Procedures; More ...