28358064, 67-48.004 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 28358064

Notice of Development of Rulemaking

Department:

FLORIDA HOUSING FINANCE CORPORATION

Chapter:

COMPETITIVE AFFORDABLE MULTIFAMILY RENTAL HOUSING PROGRAMS SAIL/HOME/HC

Overview

RULE:

67-48.004	Selection Procedures for Developments
67-48.0072	Credit Underwriting and Loan Procedures
67-48.0075	Miscellaneous Criteria

PURPOSE:

The purpose of this rule chapter is to establish the procedures by which the Corporation shall (1) determine loan amounts, make and service mortgage loans for new construction or rehabilitation of affordable rental units under the State Apartment Incentive Loan (SAIL) Program authorized by Section 420.5087, Florida Statutes, and the HOME Investment Partnerships (HOME) Program authorized by Section 420.5089, Florida Statutes; and (2) determine Housing Credit (HC) amounts and implement the provisions of the Housing Credit Program authorized by Section 42 of the IRC and Section 420.5099, Florida Statutes.

SUBJECT:

The rule development workshop will be held to receive comments and suggestions from interested persons relative to the development of the program requirements for the SAIL, HOME, and HC Programs, as specified in Rule Chapter 67-48, Florida Administrative Code (F.A.C.).

RULEMAKING AUTHORITY:

420.507 FS.

LAW:

420.5087, 420.5089, 420.5099 FS.

PRINT PUBLISH DATE:

5/14/2024 Vol. 50/95

RELATED STATUTES
AND LAWS:

420.507 FS., 420.5087, 420.5089, 420.5099 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=67-48.004&PDate=5/14/2024&Section=1

REFERENCE MATERIALS:

No reference(s).

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