20943384 - Florida Administrative Rules, Law, Code, Register

Florida Department of State and Division of Library and Information Services


Notice: 20943384
Notice of Meeting/Workshop Hearing

Department:	FLORIDA HOUSING FINANCE CORPORATION


Overview



	The Florida Housing Finance Corporation announces a workshop to which all persons are invited.

DATE AND TIME:	October 24, 2018, beginning at 2:00 p.m., Eastern Time

PLACE:	The workshop will be available by telephone or interested parties may attend in person at Florida Housing’s offices located at 227 N. Bronough Street, Seltzer Room, Suite 6000, Tallahassee, Florida.

Subject:	Florida Housing Finance Corporation will hold a Workshop on SAIL Program Pilot to Allow First Mortgage Refinancing for Recapitalization. Florida Housing Finance Corporation’s Portfolio Preservation Action Plan includes a strategy that would permit the refinancing of non-acquisition first mortgages without a SAIL paydown with moderate rehabilitation (i.e., $5,000 - $10,000/unit) of stabilized affordable multifamily developments, that are at least 20 years old. The Action Plan can be found at: http://www.floridahousing.org/docs/default-source/data-docs-and-reports/boardpackages/2018/september-14/information-supplement---full-package-fhfc-portfolio-preservation-action-plan-sept-2018-amended.pdf?sfvrsn=3756057b_2 The workshop is intended to discuss the pilot program approach with an opportunity for the public to provide comments and suggestions.


	A copy of the agenda may be obtained by contacting: Laura Cox at 850-488-4197

PRINT PUBLISH DATE:	9/27/2018 Vol. 44/189


REFERENCE MATERIALS:	No reference(s).

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Overview