HOUSING CREDIT PROGRAM

NOTICE OF CREDIT AVAILABILITY (NOCA)

2007 CYCLE

The Florida Housing Finance Corporation (Florida Housing) announces an application cycle for the Housing Credit Program. The total 2007 allocation authority is estimated to be approximately $35,275,282.00. The amount of housing credit allocation authority available for the 2007 cycle will vary based upon the 2007 per capita population figures, the amount of unused credits from prior years, the amount of binding commitments for 2007 credits, and the amount allocated from the national pool. The current amount of the binding commitments for 2007 credits is estimated to be $3,875,142, however, this dollar amount is subject to change. Geographic and targeting goals along with any set-asides will be described in the Qualified Allocation Plan approved by the Governor.

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 Blake Poston-Carson at (850)488-4197. The Universal Application Package, when available, may be obtained at the Florida Housing web site or by submitting a written request accompanied by a $50 application package fee to: Florida Housing Finance Corporation, City Centre Building, 227 North Bronough Street, Suite 5000, Tallahassee, Florida 32301-1329, ATTN: Blake Poston-Carson – Application Request. If you are hearing or speech impaired please contact Florida Housing using the Dual Party Relay System, 1(800)955-8770 or 1(800)955-8771.

All applications must be submitted to the above address 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.