30776371, 67-45.001 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 30776371

Notice of Proposed Rule

Department:

FLORIDA HOUSING FINANCE CORPORATION

Chapter:

FLORIDA HOME OWNERSHIP ASSISTANCE PROGRAM/DOWN PAYMENT ASSISTANCE LOAN PROGRAM

Overview

RULE:

67-45.001	Definitions (Repealed)
67-45.002	Notice of Funding Availability (Repealed)
67-45.003	General Program Restrictions (Repealed)
67-45.004	Application Procedures (Repealed)
67-45.005	Terms and Conditions of Loans (Repealed)
67-45.006	Loan Processing (Repealed)
67-45.007	Fees (Repealed)

PURPOSE:

This rule chapter implements the Florida Homeownership Assistance Program (Program) established by section 420.5088, F.S.

SUMMARY:

The Florida Homeownership Assistance Program (Program) is established by section 420.5088, F.S. The Program assists low to moderate-income persons purchase a primary residence by offering zero to low interest downpayment loans secured as a second (aka subordinate) mortgage, with no monthly payments, to eligible borrowers. The balance of the loan is due upon the sale, refinance, transfer, or rental of the property. Administration and operations of the Program are governed by Florida statute, that together with federal requirements and program guidance, render the rule chapter duplicative and unnecessary.

RULEMAKING AUTHORITY:

420.507 F.S.

LAW:

420.5088, F.S.

PRINT PUBLISH DATE:

4/22/2026 Vol. 52/78

COMMENTS:

From 4/22/2026 To 5/13/2026 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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