28022735, 67-21.002 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 28022735

Notice of Development of Rulemaking

Department:

FLORIDA HOUSING FINANCE CORPORATION

Chapter:

NON-COMPETITIVE AFFORDABLE MULTIFAMILY RENTAL HOUSING PROGRAMS (MMRB/HC)

Overview

RULE:

67-21.002

Definitions

PURPOSE:

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 under the Multifamily Mortgage Revenue Bond (MMRB) Program authorized by Section 142 of the Code and Section 420.509, F.S., and (2) administer the Application process, determine Non-Competitive Housing Credit amounts and implement the provisions of the Non-Competitive Housing Credit process authorized by Section 42 of the Code and Section 420.5099, Florida Statutes.

SUBJECT:

The rule development workshop will be held to receive comments and suggestions from interested persons relative to the (1) program definitions for MMRB and Non-Competitive Housing Credits as specified in Section 67-21.002, F.A.C., and (2) amendments to the Florida Housing Finance Corporation’s 2023 Qualified Allocation Plan (QAP).

RULEMAKING AUTHORITY:

420.507, 420.508 FS.

LAW:

420.509, 420.5099 FS.

PRINT PUBLISH DATE:

2/5/2024 Vol. 50/24

RELATED STATUTES
AND LAWS:

420.507, 420.508 FS., 420.509, 420.5099 FS.

OVERSIGHT COMMITTEE:

Joint Administrative Procedures Committee
Florida Administrative Law Central Online Network (F.A.L.C.O.N.)

RELATED COURT CASES:

Division of Administrative Hearings

FEDERAL eRULEMAKING
WEB PORTAL:

Regulations.gov

HOW TO LINK TO
THIS NOTICE:

http://flrules.org/gateway/ruleno.asp?id=67-21.002&PDate=2/5/2024&Section=1

REFERENCE MATERIALS:

No reference(s).

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