HOUSING CREDIT PROGRAM

REVISED NOTICE OF CREDIT AVAILABILITY (NOCA)

2011 CYCLE

The Florida Housing Finance Corporation (Florida Housing) announces an application cycle for the Housing Credit Program. The total 2011 allocation authority has been revised and is estimated to be up to $60,000,000. The amount of housing credit allocation authority available for the 2011 cycle will vary based upon the 2012 per capita population figures, any national pool, 2011 carryforward credits, 2013 forward allocated credits and returned credits. Geographic and targeting goals along with any set-asides will be described in the 2012 Qualified Allocation Plan approved by the Governor. For purposes of the 2011 cycle the discount rate will be 6.49% which is based on the 10 year Treasury rate in effect on February 11, 2011 the date the NOCA for the 2011 cycle was originally published.

For more information on opening and closing dates of the application cycle, or on how to obtain an Application, please access Florida Housing’s web site at: www.floridahousing.org or contact: Jean Salmonsen at (850)488-4197. The Universal Application Package, when available, may be obtained at the Florida Housing web site. If you are hearing or speech impaired please contact Florida Housing using the Dual Party Relay System at 1(800)955-8770 or 1(800)955-8771.

All applications must be submitted in accordance with the provisions of all applicable Florida Statutes, Chapter 67-48, F.A.C., the Universal Application Package, and Internal Revenue Code, Section 42.