14928026, 67-32.002 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 14928026

Notice of Proposed Rule

Department:

FLORIDA HOUSING FINANCE CORPORATION

Chapter:

ELDERLY HOUSING COMMUNITY LOAN PROGRAM

Overview

RULE:

67-32.002	Definitions (Repealed)
67-32.0035	Applicant Administrative Appeal Procedures (Repealed)
67-32.004	General Program Restrictions (Repealed)
67-32.005	Application Procedures (Repealed)
67-32.006	Terms and Conditions of Loan (Repealed)
67-32.007	Scoring, Ranking, and Funding Guidelines (Repealed)
67-32.009	EHCL Credit Underwriting Procedures (Repealed)
67-32.011	Fees (Repealed)

PURPOSE:

Pursuant to Florida Statutes Section 420.5087(3), the Florida Housing Finance Corporation administers the Elderly Housing Community Loan (EHCL) Program. This program provides loans to sponsors of affordable rental housing for very low income elderly households. The intent of the EHCL Program is to provide loans to sponsors of housing for the elderly to make building preservation, health, or sanitation repairs or improvements which are required by federal, state, or local regulation or code, or life-safety or security-related repairs or improvements to such housing.

SUMMARY:

To increase the efficiency and effectiveness of local program service delivery and provide greater clarification of the program, Rule Chapter 67-32, F.A.C., is repealed and the provisions for administration of the EHCL loans and the competitive funding process will be governed by Rule Chapters 67-48 and 67-60, F.A.C.

RULEMAKING AUTHORITY:

420.5087 FS.

LAW:

420.5087 FS.

PRINT PUBLISH DATE:

8/12/2014 Vol. 40/156

COMMENTS:

From 8/12/2014 To 9/2/2014 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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