Notice of Variances and Waivers

FLORIDA HOUSING FINANCE CORPORATION
Rule No.: RULE TITLE
67-48.004: Application and Selection Procedures for Developments
NOTICE IS HEREBY GIVEN that on March 13, 2009, the Florida Housing Finance Corporation has issued an order.
NAME OF THE PETITIONER: Cypress Senior Village, LLC
DATE PETITION WAS FILED: February 9, 2009
RULE NUMBER AND NATURE OF THE RULE FROM WHICH THE WAIVER OR VARIANCE IS SOUGHT: Paragraph 67-48.004(14)(a), F.A.C. (2006), Application and Selection Procedures for Developments and Part II A.2.a.(2) of the Universal Application Instructions (2006), if applying for MMRB, SAIL or HOME, the Applicant entity shall be the borrowing entity and cannot be changed until after loan closing.
REFERENCE TO THE PLACE AND DATE OF THE PUBLICATION OF THE NOTICE OF PETITION: Florida Administrative Weekly, February 20, 2009, Vol. 35, No. 7
THE DATE THE BOARD OF DIRECTORS OF FLORIDA HOUSING FINANCE CORPORATION APPROVED THE VARIANCE OR WAIVER: March 13, 2009
THE GENERAL BASIS FOR THE DECISION: The purpose of the underlying statute is to make loans to Eligible Housing Providers and Eligible Home Buyers for the construction of affordable housing. The waiver will further this purpose.
A copy of the Order may be obtained by contacting: Della Harrell, Corporation Clerk at (850)488-4197 or e-mail: Della.Harrell@floridahousing.org. The Final Order is posted on Florida Housing’s website at floridahousing.org.