4023868, 67ER07-01 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 4023868

Notice of Emergency Rule

Department:

FLORIDA HOUSING FINANCE CORPORATION

Overview

RULE:

67ER07-01	General
67ER07-02	Definitions
67ER07-03	Application Procedures
67ER07-04	Applicant Administrative Appeal Procedures
67ER07-05	Farmworker Housing Recovery Program (FHRP)
67ER07-06	Special Housing Assistance and Development Program (SHADP)
67ER07-07	Loan Terms
67ER07-08	Credit Underwriting
67ER07-09	Sale or Transfer of a Development
67ER07-10	Construction Disbursements and Permanent Loan Servicing

SPECIFIC REASONS FOR FINDING AN IMMEDIATE DANGER TO THE PUBLIC HEALTH, SAFETY OR WELFARE:

Recent hurricane seasons created the need for both short term and long term affordable housing needs in Florida. Among the overall housing needs are specialized needs that are not easily met by previously approved hurricane relief programs. To address these needs and to implement recommendations of the Governor’s Hurricane Housing Work Group, the following programs are established: The Farmworker Housing Recovery Program (FHRP) for the purpose of providing affordable housing options for extremely low income migrant farmworkers in Florida; and the Special Housing Assistance and Development Program (SHADP) to provide financing for acquisition, rehabilitation and new construction of developments targeted to hard-to-serve households which include, frail elders, persons with a disability and homeless people.

REASON FOR CONCLUDING THAT THE PROCEDURE IS FAIR UNDER THE CIRCUMSTANCES:

The Florida Housing Finance Corporation has been granted Emergency Rulemaking authority for these programs under Chapter 2006-69, L.O.F. The rule for FHRP and SHADP shall be effective immediately upon filing with the Florida Department of State.

SUMMARY:

The purpose of this rule chapter is to establish the procedures by which the Corporation shall administer the Application process, determine loan amounts, make and service mortgage loans for the construction or Rehabilitation of affordable rental units utilizing funds authorized by Chapter 2006-69, L.O.F.

THE PERSON TO BE CONTACTED REGARDING THE EMERGENCY RULE IS:

Robert Dearduff, Special Programs Administrator, Florida Housing Finance Corporation, 227 North Bronough Street, Suite 5000, Tallahassee, Florida 32301 or call (850)488-4197

PRINT PUBLISH DATE:

4/20/2007 Vol. 33/16

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://www.flrules.org/gateway/ruleno.asp?id=67ER07-01&PDate=4/20/2007&Section=4

REFERENCE MATERIALS:

No reference(s).

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