Rule: 67-21.014 Prev Up Next
| Rule Title: MMRB Credit Underwriting Procedures | |||
| Department: | FLORIDA HOUSING FINANCE CORPORATION |
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| Division: | Departmental | ||
| Chapter: | NON-COMPETITIVE AFFORDABLE MULTIFAMILY RENTAL HOUSING PROGRAMS (MMRB/HC) | ||
Latest version of the final adopted rule presented in Florida Administrative Code (FAC):
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Effective Date: | 8/27/2024 |
| History Notes: | Rulemaking Authority 420.507, 420.508 FS. Law Implemented 420.507, 420.508, 420.508(3)(b)3., 420.509 FS. History–New 1-7-98, Formerly 9I-21.014, Amended 1-26-99, 11-14-99, 1-26-00, 2-11-01, 3-17-02, 4-6-03, 3-21-04, 2-7-05, 1-29-06, 4-1-07, 3-30-08, 8-6-09, 11-7-11, 7-16-13, 2-2-15, 9-15-16, 5-24-17, 7-8-18, 7-11-19, 6-23-20, 5-18-21, 7-6-22, 6-28-23, 8-27-24. | |
| References in this version: |
Ref-02850 Eligible Reserve for Replacement Items List, effective October 15, 2010 Ref-07357 Part IIIA, Sections 401 through 408 and 410, Fannie Mae Multifamily Selling and Servicing Guide in effect as of June 10, 2015 |
| Notice / Adopted |
Description | ID | Publish Date |
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On September 30, 2024, the Florida Housing Finance Corporation issued an amended order granting the waiver from Rules 67-21.026(13)(e), 67-21.014(2)(r)6, and 67-48.0072(17)(f) Florida Administrative Code (7-11-19) from Ambar .... | 28817262 |
10/1/2024 Vol. 50/192 |
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On August 26, 2024, the Florida Housing Finance Corporation issued an order granting the waiver from Rules 67-21.026(13(g), 67-21.014(2)(r)(8) and 67-48.0072(17)(h), Florida Administrative Code (2018) for Solimar Associates, .... | 28688640 |
8/28/2024 Vol. 50/169 |
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MMRB Credit Underwriting Procedures | 28626075 |
Effective: 08/27/2024 |
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waiver of Rules 67-21.026(13)(e) and 67-48.0072(17)(f) Florida Administrative Code (7-11-19) and on July 24, 2024, an amended petition was received for waiver of Rules 67-21.026(13)(e), 67-21.014(2)(r)6, and 67-48.0072(17)(f) .... | 28577381 |
7/25/2024 Vol. 50/145 |
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The purpose of this Rule Chapter is to establish the procedures by which the Corporation shall: (1) Administer the Application process, determine bond allocation amounts and implement the provisions of the Multifamily .... | 28500751 |
7/1/2024 Vol. 50/128 |
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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 .... | 28357967 |
5/14/2024 Vol. 50/95 |
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MMRB Credit Underwriting Procedures | 27215889 |
Effective: 06/28/2023 |
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The purpose of this Rule Chapter is to establish the procedures by which the Corporation shall: (1) Administer the Application process, determine bond allocation amounts and implement the provisions of the Multifamily .... | 27080574 |
5/1/2023 Vol. 49/84 |
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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 .... | 26993371 |
3/27/2023 Vol. 49/59 |
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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 .... | 26779195 |
1/31/2023 Vol. 49/20 |
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MMRB Credit Underwriting Procedures | 25988354 |
Effective: 07/06/2022 |
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The purpose of this Rule Chapter is to establish the procedures by which the Corporation shall: (1) Administer the Application process, determine bond allocation amounts and implement the provisions of the Multifamily Mortgage .... | 25819089 |
5/3/2022 Vol. 48/86 |
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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 .... | 25640221 |
3/8/2022 Vol. 48/46 |
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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 .... | 25524112 |
2/2/2022 Vol. 48/22 |
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On August 2, 2021, the Florida Housing Finance Corporation issued an order granting the waiver from Rules 67-21.014(2)(r)(6) and 21.026 (13)(e) F.A.C. (2019) for Fletcher Black Redevelopment, LLC, allowing the General Contractor .... | 24843366 |
8/4/2021 Vol. 47/150 |
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waiver of Rules 67-21.014(2)(r)(6) and 67-21.026(13)(e) FAC from Fletcher Black Redevelopment, LLC for a partial waiver to allow for general contractor self-performance of the Development's site work. | 24746075 |
7/13/2021 Vol. 47/134 |
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On June 18, 2021, the Florida Housing Finance Corporation issued an order granting the partial waiver from Rules 67-21.014(2)(r)(6) and 67-21.026(13)(e) F.A.C. for The Park at Palo Alto, LLC, to permit Developer's General .... | 24670512 |
6/22/2021 Vol. 47/120 |
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partial waiver of Rules 67-21.014(2)(r)(6) and 67-21.026(13)(e) F.A.C. from The Park at Palo Alto, LLC to permit General Contractor self-performance of the Development's site work. | 24586122 |
5/27/2021 Vol. 47/103 |
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MMRB Credit Underwriting Procedures | 24492808 |
Effective: 05/18/2021 |
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The purpose of this Rule Chapter is to establish the procedures by which the Corporation shall: (1) Administer the Application process, determine bond allocation amounts and implement the provisions of the Multifamily Mortgage .... | 24303270 |
3/16/2021 Vol. 47/51 |
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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 .... | 24216455 |
2/16/2021 Vol. 47/31 |
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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 .... | 24055338 |
1/6/2021 Vol. 47/03 |
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On July 17, 2020, the Florida Housing Finance Corporation issued an order granting a waiver from Rules 67-21.014(2)(r)6., 67-21.026(13)(e), and 67-48.0072(17)(f) F.A.C. (2018) for Springfield Crossings, LLC permitting Developer's .... | 23448603 |
7/21/2020 Vol. 46/141 |
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for waiver of Rules 67-21.014(2)(r)(6) F.A.C. (2018), 67-21.026(13)(e) F.A.C. (2018) and 67-48.0072(17)(f) F.A.C. (2018) from Springfield Crossings, LLC, pertaining to the scope of work a general contractor can perform ("Self-Performance")..... | 23398842 |
7/2/2020 Vol. 46/129 |
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MMRB Credit Underwriting Procedures | 23318720 |
Effective: 06/23/2020 |
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On June 11, 2020, the Florida Housing Finance Corporation issued an order granting a waiver from Rules 67-21.48.023(2)(r)(6); 67-21(13)(e); and 67-48.0072(17)(f) F.A.C. for Hilltop Pointe, LP, to permit Developer's General .... | 23347141 |
6/16/2020 Vol. 46/117 |
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waiver from Florida Administrative Code Rules 67-21.014(2)(r)(6); 67-21.026(13)(e); and 67-48.0072(17)(f) and 2019 Qualified Allocation Plan ("2018 QAP") from Hilltop Pointe, LP, requesting a partial waiver of the work a .... | 23240150 |
5/14/2020 Vol. 46/95 |
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The purpose of this Rule Chapter is to establish the procedures by which the Corporation shall: (1) Administer the Application process, determine bond allocation amounts and implement the provisions of the Multifamily Mortgage .... | 23168661 |
4/21/2020 Vol. 46/78 |
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The purpose of this rule chapter is to establish the procedures by which the Corporation shall (1) administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation .... | 22905112 |
2/10/2020 Vol. 46/27 |
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MMRB Credit Underwriting Procedures | 22046177 |
Effective: 07/11/2019 |
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The purpose of this Rule Chapter is to establish the procedures by which the Corporation shall: (1) Administer the Application process, determine bond allocation amounts and implement the provisions of the Multifamily .... | 21858191 |
5/14/2019 Vol. 45/94 |
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The purpose of this rule chapter is to establish the procedures by which the Corporation shall (1) administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation .... | 21678741 |
3/29/2019 Vol. 45/62 |
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The purpose of this rule chapter is to establish the procedures by which the Corporation shall (1) administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation .... | 21502298 |
2/11/2019 Vol. 45/28 |
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MMRB Credit Underwriting Procedures | 20588170 |
Effective: 07/08/2018 |
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The purpose of this Rule Chapter is to establish the procedures by which the Corporation shall: (1) Administer the Application process, determine bond allocation amounts and implement the provisions of the Multifamily .... | 20383597 |
5/8/2018 Vol. 44/90 |
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The purpose of this rule chapter is to establish the procedures by which the Corporation shall (1) administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation .... | 20158945 |
3/8/2018 Vol. 44/47 |
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The purpose of this rule chapter is to establish the procedures by which the Corporation shall (1) administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation .... | 20001417 |
1/29/2018 Vol. 44/19 |
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MMRB Credit Underwriting Procedures | 18941692 |
Effective: 05/24/2017 |
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The purpose of this Rule Chapter is to establish the procedures by which the Corporation shall: (1) Administer the Application process, determine bond allocation amounts and implement the provisions of the Multifamily .... | 18782612 |
3/28/2017 Vol. 43/60 |
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The purpose of this rule chapter is to establish the procedures by which the Corporation shall (1) administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation .... | 18532061 |
1/25/2017 Vol. 43/16 |
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MMRB Credit Underwriting Procedures | 17950837 |
Effective: 09/15/2016 |
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waiver from Phoenix Apartments Venture, LP requesting to waive Rule 67-21.014(2)(k) to delete the requirement that the operating deficit guaranty to be in place for a minimum three years from issuance of final certificate .... | 17961507 |
9/1/2016 Vol. 42/171 |
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The purpose of this Rule Chapter is to establish the procedures by which the Corporation shall: (1) Administer the Application process, determine bond allocation amounts and implement the provisions of the Multifamily .... | 17698637 |
6/28/2016 Vol. 42/125 |
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The purpose of this rule chapter is to establish the procedures by which the Corporation shall (1) administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation .... | 17358749 |
3/30/2016 Vol. 42/62 |
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The purpose of this rule chapter is to establish the procedures by which the Corporation shall (1) administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation .... | 17151169 |
2/15/2016 Vol. 42/30 |
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The purpose of this rule chapter is to establish the procedures by which the Corporation shall (1) administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation .... | 16973853 |
1/5/2016 Vol. 42/02 |
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MMRB Credit Underwriting Procedures | 15569487 |
Effective: 02/02/2015 |
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The purpose of this Rule Chapter is to establish the procedures by which the Corporation shall: (1) Administer the Application process, determine bond allocation amounts and implement the provisions of the Multifamily .... | 15087203 |
9/23/2014 Vol. 40/185 |
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The purpose of this rule chapter is to establish the procedures by which the Corporation shall (1) administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation .... | 14606859 |
5/23/2014 Vol. 40/101 |
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The purpose of this rule chapter is to establish the procedures by which the Corporation shall (1) administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation .... | 14329148 |
3/17/2014 Vol. 40/52 |
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MMRB Credit Underwriting Procedures | 13201329 |
Effective: 07/16/2013 |
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Definitions, Application and Selection Process for Developments, Development Requirements, Fees, Terms and Conditions of MMRB Loans, Credit Underwriting Procedures, Refundings and Troubled Development .... | 13079497 |
6/4/2013 Vol. 39/108 |
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Purpose and Intent, Definitions, Miscellaneous Criteria, Application and Selection Process for Developments, Applicant Administrative Appeal Procedures, Federal Set-Aside Requirements, Determination of .... | 12966977 |
5/7/2013 Vol. 39/89 |
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The purpose of this Rule Chapter is to establish the procedures by which the Corporation shall: (1) Administer the Application process, determine bond allocation amounts and implement the provisions of the Multifamily .... | 12940690 |
4/30/2013 Vol. 39/84 |
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The purpose of this Rule is to establish the procedures by which the Corporation shall administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation of .... | 11989023 |
9/14/2012 Vol. 38/37 |
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The purpose of this Rule is to establish the procedures by which the Corporation shall administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation of .... | 11889210 |
8/17/2012 Vol. 38/33 |
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purpose of this Rule is to establish the procedures by which the Corporation shall administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation of affordable .... | 11777466 |
7/27/2012 Vol. 38/30 |
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The purpose of this Rule is to establish the procedures by which the Corporation shall administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation of .... | 11651269 |
6/29/2012 Vol. 38/26 |
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The purpose of this Rule is to establish the procedures by which the Corporation shall administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation of .... | 11490346 |
5/18/2012 Vol. 38/20 |
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The purpose of this Rule is to establish the procedures by which the Corporation shall administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation of .... | 11344361 |
4/6/2012 Vol. 38/14 |
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The purpose and effect of the proposed rule amendment is to address the process for evaluating requests for the transfer of the general partnership interests from a for-profit entity to a not for-profit entity. | 10850243 |
1/6/2012 Vol. 38/01 |
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Credit Underwriting Procedures | 10589022 |
Effective: 11/07/2011 |
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The purpose of this Rule Chapter is to establish the procedures, by which the Corporation shall administer the Application process, determine bond allocation amounts and implement the provisions of the Multifamily Mortgage .... | 10064640 |
7/1/2011 Vol. 37/26 |
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The purpose of this Rule is to establish the procedures by which the Corporation shall administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation of .... | 9057101 |
8/27/2010 Vol. 36/34 |
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The purpose of this Rule is to establish the procedures by which the Corporation shall administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation of .... | 8947200 |
8/6/2010 Vol. 36/31 |
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The purpose of this Rule is to establish the procedures by which the Corporation shall administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation of .... | 8835456 |
7/9/2010 Vol. 36/27 |
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The purpose of this Rule is to establish the procedures by which the Corporation shall administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation of .... | 8707610 |
5/28/2010 Vol. 36/21 |
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The purpose of this Rule is to establish the procedures by which the Corporation shall administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation of .... | 8489748 |
4/9/2010 Vol. 36/14 |
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Credit Underwriting Procedures | 7430120 |
Effective: 08/06/2009 |
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The purpose of this Rule Chapter is to establish the procedures by which the Corporation shall administer the Application process, determine bond allocation amounts and implement the provisions of the Multifamily Mortgage .... | 6939300 |
3/27/2009 Vol. 35/12 |
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The purpose of this Rule is to establish the procedures by which the Corporation shall administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation of .... | 6713387 |
1/30/2009 Vol. 35/04 |
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The purpose of this Rule is to establish the procedures by which the Corporation shall administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation of .... | 6456240 |
11/26/2008 Vol. 34/48 |
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The purpose of this Rule is to establish the procedures by which the Corporation shall administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation of .... | 6246429 |
10/10/2008 Vol. 34/41 |
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The purpose of this Rule is to establish the procedures by which the Corporation shall administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation of .... | 6096564 |
9/5/2008 Vol. 34/36 |
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Credit Underwriting Procedures | 5428137 |
Effective: 03/30/2008 |
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The purpose of this Rule Chapter is to establish procedures by which the Corporation shall administer the Application process, determine bond allocation amounts and implement the provisions of the Multifamily Mortgage Revenue .... | 5176713 |
2/1/2008 Vol. 34/05 |
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Definitions, Application and Selection Process for Developments, Applicant Administrative Appeal Procedures, Federal Set-Aside Requirements, Determination of Method of Bond Sale, Development Requirements, .... | 5142084 |
1/25/2008 Vol. 34/04 |
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The purpose of this Rule Chapter is to establish procedures by which the Corporation shall administer the Application process, determine bond allocation amounts and implement the provisions of the Multifamily Mortgage Revenue .... | 5124721 |
1/18/2008 Vol. 34/03 |
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The purpose of this Rule is to establish the procedures by which the Corporation shall: (1) administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation .... | 4908508 |
11/21/2007 Vol. 33/47 |
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The purpose of this Rule is to establish the procedures by which the Corporation shall: (1) administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation .... | 4696466 |
10/12/2007 Vol. 33/41 |
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The purpose of this Rule is to establish the procedures by which the Corporation shall: (1) administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation .... | 4576089 |
9/7/2007 Vol. 33/36 |
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Credit Underwriting Procedures | 3951021 |
Effective: 04/01/2007 |
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The purpose of this Rule Chapter is to establish the procedures by which the Corporation shall administer the Application process, determine bond allocation amounts and implement the provisions of the Multifamily Mortgage .... | 3526355 |
2/2/2007 Vol. 33/05 |
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The purpose of this Rule is to establish the procedures by which the Corporation shall administer the Application process, determine loan amounts, and make and service mortgage loans for new construction or rehabilitation .... | 3285310 |
12/15/2006 Vol. 32/50 |
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The purpose of this Rule is to establish the procedures by which the Corporation shall administer the Application process, determine loan amounts, and make and service mortgage loans for new construction or rehabilitation .... | 3093832 |
11/3/2006 Vol. 32/44 |
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The purpose of this Rule is to establish the procedures by which the Corporation shall administer the Application process, determine loan amounts, and make and service mortgage loans for new construction or rehabilitation .... | 741873 |
10/6/2006 Vol. 32/40 |
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The purpose of this Rule is to establish the procedures by which the Corporation shall: (1) administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation .... | 623145 |
8/25/2006 Vol. 32/34 |
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Credit Underwriting Procedures | 2173399 |
Effective: 01/29/2006 |
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