11826936, 67-59.001 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 11826936

Notice of Development of Rulemaking

Department:

FLORIDA HOUSING FINANCE CORPORATION

Chapter:

Hardest Hit Fund

Overview

RULE:

67-59.001	Purpose and Intent
67-59.005	Definitions
67-59.010	Programs
67-59.020	Eligibility for UMAP or UMAP/MLRP
67-59.030	Eligibility for MLRP Only
67-59.040	Application
67-59.050	Form of Assistance
67-59.060	Quarterly Reviews
67-59.070	Quarterly Reviews

PURPOSE:

The purpose of this Rule Chapter is to establish the procedures by which the Corporation shall develop eligibility criteria, administer the Application process, determine loan amounts and make mortgage loans for existing homeowners.

SUBJECT:

RULE NOS.				RULE TITLES

67-59.001 				Purpose and Intent
67-59.005 				Definitions
67-59.010				Programs
67-59.020				Eligibility for UMAP or UMAP/MLRP
67-59.030				Eligibility for MLRP Only
67-59.040				Application
67-59.050				Form of Assistance
67-59.060				Partial Payment
67-59.070				Quarterly Reviews


The Rule Development workshop will be held to receive comments and suggestions from persons relative to the development of eligibility and program requirements for the Hardest Hit Fund Program.
SUMMARY:  Florida Housing Finance Corporation (“Florida Housing” or “Corporation”) received Hardest Hit Funds from the United States Department of Treasury to create and administer foreclosure prevention assistance programs that address the unique issues of the state of Florida.

SUMMARY OF STATEMENT OF ESTIMATED REGULATORY COST:  The agency has determined that this rule will not have an adverse impact on small business.  A SERC has not been prepared by the agency.  Any person who wishes to provide information regarding the statement of estimated regulatory costs, or to provide a proposal for a lower cost regulatory alternative must do so in writing within 21 days of this notice.

RULEMAKING AUTHORITY:

420.507(33) FS.

LAW:

420.507(33) FS.

PRINT PUBLISH DATE:

8/3/2012 Vol. 38/31

RELATED STATUTES
AND LAWS:

420.507(33) FS., 420.507(33) FS.

OVERSIGHT COMMITTEE:

Joint Administrative Procedures Committee
Florida Administrative Law Central Online Network (F.A.L.C.O.N.)

RELATED COURT CASES:

Division of Administrative Hearings

FEDERAL eRULEMAKING
WEB PORTAL:

Regulations.gov

HOW TO LINK TO
THIS NOTICE:

http://flrules.org/gateway/ruleno.asp?id=67-59.001&PDate=8/3/2012&Section=1

REFERENCE MATERIALS:

No reference(s).

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