67-21.008 : Terms and Conditions of MMRB Loans - Florida Administrative Rules, Law, Code, Register

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Rule Title: Terms and Conditions of MMRB Loans
Department:	FLORIDA HOUSING FINANCE CORPORATION	Add to MyFLRules Favorites
Division:	Departmental
Chapter:	NON-COMPETITIVE AFFORDABLE MULTIFAMILY RENTAL HOUSING PROGRAMS (MMRB/HC)

Latest version of the final adopted rule presented in Florida Administrative Code (FAC):

	Effective Date:	6/28/2023
	History Notes:	Rulemaking Authority 420.507, 420.508 FS. Law Implemented 420.502, 420.507(4), (6), (9), (11), (21), 420.508 FS. History–New 12-3-86, Amended 12-4-90, 11-23-94, 9-25-96, 1-7-98, Formerly 9I-21.008, Amended 1-26-99, 11-14-99, 2-11-01, 3-17-02, 4-6-03, 3-21-04, 2-7-05, Repromulgated 1-29-06, 4-1-07, Amended 3-30-08, Repromulgated 8-6-09, Amended 11-7-11, 7-16-13, 2-2-15, 9-15-16, 5-24-17, 7-8-18, 7-11-19, Repromulgated 6-23-20, Amended 5-18-21, 7-6-22, 6-28-23.
	References in this version:	Ref-15414 Financial Reporting Form SR-1 Rev. 01-2023

History of this Rule since Jan. 6, 2006

Section	Description	ID	Publish Date

Final 67-21.008	Terms and Conditions of MMRB Loans	27215501	Effective: 06/28/2023
Proposed 67-21.001 ......	The purpose of this Rule Chapter is to establish the procedures by which the Corporation shall: (1) Administer the Application process, determine bond allocation amounts and implement the provisions of the Multifamily ....	27080574	5/1/2023 Vol. 49/84
Development 67-21.001 ......	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 ....	26993371	3/27/2023 Vol. 49/59
Development 67-21.001 ......	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 ....	26779195	1/31/2023 Vol. 49/20
Final 67-21.008	Terms and Conditions of MMRB Loans	25987966	Effective: 07/06/2022
Proposed 67-21.001 ......	The purpose of this Rule Chapter is to establish the procedures by which the Corporation shall: (1) Administer the Application process, determine bond allocation amounts and implement the provisions of the Multifamily Mortgage ....	25819089	5/3/2022 Vol. 48/86
Development 67-21.001 ......	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 ....	25640221	3/8/2022 Vol. 48/46
Development 67-21.001 ......	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 ....	25524112	2/2/2022 Vol. 48/22
Final 67-21.008	Terms and Conditions of MMRB Loans	24492420	Effective: 05/18/2021
Proposed 67-21.001 ......	The purpose of this Rule Chapter is to establish the procedures by which the Corporation shall: (1) Administer the Application process, determine bond allocation amounts and implement the provisions of the Multifamily Mortgage ....	24303270	3/16/2021 Vol. 47/51
Development 67-21.001 ......	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 ....	24216455	2/16/2021 Vol. 47/31
Development 67-21.001 ......	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 ....	24055338	1/6/2021 Vol. 47/03
Final 67-21.008	Terms and Conditions of MMRB Loans	23318332	Effective: 06/23/2020
Proposed 67-21.001 ......	The purpose of this Rule Chapter is to establish the procedures by which the Corporation shall: (1) Administer the Application process, determine bond allocation amounts and implement the provisions of the Multifamily Mortgage ....	23168661	4/21/2020 Vol. 46/78
Variances 67-21.008	variance from Florida Administrative Code Rule 67-21.008(17) from MBCDC: The Allen, LLC, requesting a waiver from the provisions of rule so that the Petition can submit all federal financing reporting requirements, from ....	23132965	4/13/2020 Vol. 46/72
Development 67-21.001 ......	The purpose of this rule chapter is to establish the procedures by which the Corporation shall (1) administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation ....	22905112	2/10/2020 Vol. 46/27
Final 67-21.008	Terms and Conditions of MMRB Loans	22045789	Effective: 07/11/2019
Proposed 67-21.001 ......	The purpose of this Rule Chapter is to establish the procedures by which the Corporation shall: (1) Administer the Application process, determine bond allocation amounts and implement the provisions of the Multifamily ....	21858191	5/14/2019 Vol. 45/94
Development 67-21.001 ......	The purpose of this rule chapter is to establish the procedures by which the Corporation shall (1) administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation ....	21678741	3/29/2019 Vol. 45/62
Development 67-21.001 ......	The purpose of this rule chapter is to establish the procedures by which the Corporation shall (1) administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation ....	21502298	2/11/2019 Vol. 45/28
Final 67-21.008	Terms and Conditions of MMRB Loans	20587782	Effective: 07/08/2018
Proposed 67-21.001 ......	The purpose of this Rule Chapter is to establish the procedures by which the Corporation shall: (1) Administer the Application process, determine bond allocation amounts and implement the provisions of the Multifamily ....	20383597	5/8/2018 Vol. 44/90
Development 67-21.001 ......	The purpose of this rule chapter is to establish the procedures by which the Corporation shall (1) administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation ....	20158945	3/8/2018 Vol. 44/47
Development 67-21.001 ......	The purpose of this rule chapter is to establish the procedures by which the Corporation shall (1) administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation ....	20001417	1/29/2018 Vol. 44/19
Variances 67-21.008	On December 8, 2017, the Florida Housing Finance Corporation issued an order granting waiver of Rule 67-21.008(1)(a), F.A.C. from West Lake I, Ltd., allowing Petitioner to close on its financing even though a mortgage will ....	19827593	12/12/2017 Vol. 43/238
Variances 67-21.008	waiver from West Lake I, LTD to allow the tax exempt mortgage financing to close without a recorded mortgage.	19763573	11/21/2017 Vol. 43/225
Final 67-21.008	Terms and Conditions of MMRB Loans	18941304	Effective: 05/24/2017
Proposed 67-21.001 ......	The purpose of this Rule Chapter is to establish the procedures by which the Corporation shall: (1) Administer the Application process, determine bond allocation amounts and implement the provisions of the Multifamily ....	18782612	3/28/2017 Vol. 43/60
Development 67-21.001 ......	The purpose of this rule chapter is to establish the procedures by which the Corporation shall (1) administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation ....	18532061	1/25/2017 Vol. 43/16
Final 67-21.008	Terms and Conditions of MMRB Loans	17950449	Effective: 09/15/2016
Proposed 67-21.001 ......	The purpose of this Rule Chapter is to establish the procedures by which the Corporation shall: (1) Administer the Application process, determine bond allocation amounts and implement the provisions of the Multifamily ....	17698637	6/28/2016 Vol. 42/125
Development 67-21.001 ......	The purpose of this rule chapter is to establish the procedures by which the Corporation shall (1) administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation ....	17358749	3/30/2016 Vol. 42/62
Development 67-21.001 ......	The purpose of this rule chapter is to establish the procedures by which the Corporation shall (1) administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation ....	17151169	2/15/2016 Vol. 42/30
Development 67-21.001 ......	The purpose of this rule chapter is to establish the procedures by which the Corporation shall (1) administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation ....	16973853	1/5/2016 Vol. 42/02
Final 67-21.008	Terms and Conditions of MMRB Loans	15569099	Effective: 02/02/2015
Proposed 67-21.001 ......	The purpose of this Rule Chapter is to establish the procedures by which the Corporation shall: (1) Administer the Application process, determine bond allocation amounts and implement the provisions of the Multifamily ....	15087203	9/23/2014 Vol. 40/185
Development 67-21.001 ......	The purpose of this rule chapter is to establish the procedures by which the Corporation shall (1) administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation ....	14606859	5/23/2014 Vol. 40/101
Development 67-21.001 ......	The purpose of this rule chapter is to establish the procedures by which the Corporation shall (1) administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation ....	14329148	3/17/2014 Vol. 40/52
Final 67-21.008	Terms and Conditions of MMRB Loans	13200941	Effective: 07/16/2013
Change 67-21.002 ......	Definitions, Application and Selection Process for Developments, Development Requirements, Fees, Terms and Conditions of MMRB Loans, Credit Underwriting Procedures, Refundings and Troubled Development ....	13079497	6/4/2013 Vol. 39/108
Correction 67-21.001 ......	Purpose and Intent, Definitions, Miscellaneous Criteria, Application and Selection Process for Developments, Applicant Administrative Appeal Procedures, Federal Set-Aside Requirements, Determination of ....	12966977	5/7/2013 Vol. 39/89
Proposed 67-21.001 ......	The purpose of this Rule Chapter is to establish the procedures by which the Corporation shall: (1) Administer the Application process, determine bond allocation amounts and implement the provisions of the Multifamily ....	12940690	4/30/2013 Vol. 39/84
Development 67-21.002 ......	The purpose of this Rule is to establish the procedures by which the Corporation shall administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation of ....	11989023	9/14/2012 Vol. 38/37
Development 67-21.002 ......	The purpose of this Rule is to establish the procedures by which the Corporation shall administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation of ....	11889210	8/17/2012 Vol. 38/33
Development 67-21.002 ......	purpose of this Rule is to establish the procedures by which the Corporation shall administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation of affordable ....	11777466	7/27/2012 Vol. 38/30
Development 67-21.002 ......	The purpose of this Rule is to establish the procedures by which the Corporation shall administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation of ....	11651269	6/29/2012 Vol. 38/26
Development 67-21.002 ......	The purpose of this Rule is to establish the procedures by which the Corporation shall administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation of ....	11490346	5/18/2012 Vol. 38/20
Development 67-21.002 ......	The purpose of this Rule is to establish the procedures by which the Corporation shall administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation of ....	11344361	4/6/2012 Vol. 38/14
Final 67-21.008	Terms and Conditions of MMRB Loans	10588634	Effective: 11/07/2011
Proposed 67-21.002 ......	The purpose of this Rule Chapter is to establish the procedures, by which the Corporation shall administer the Application process, determine bond allocation amounts and implement the provisions of the Multifamily Mortgage ....	10064640	7/1/2011 Vol. 37/26
Development 67-21.002 ......	The purpose of this Rule is to establish the procedures by which the Corporation shall administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation of ....	9057101	8/27/2010 Vol. 36/34
Development 67-21.002 ......	The purpose of this Rule is to establish the procedures by which the Corporation shall administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation of ....	8947200	8/6/2010 Vol. 36/31
Development 67-21.002 ......	The purpose of this Rule is to establish the procedures by which the Corporation shall administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation of ....	8835456	7/9/2010 Vol. 36/27
Development 67-21.002 ......	The purpose of this Rule is to establish the procedures by which the Corporation shall administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation of ....	8707610	5/28/2010 Vol. 36/21
Development 67-21.002 ......	The purpose of this Rule is to establish the procedures by which the Corporation shall administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation of ....	8489748	4/9/2010 Vol. 36/14
Final 67-21.008	Terms and Conditions of MMRB Loans	7429635	Effective: 08/06/2009
Proposed 67-21.002 ......	The purpose of this Rule Chapter is to establish the procedures by which the Corporation shall administer the Application process, determine bond allocation amounts and implement the provisions of the Multifamily Mortgage ....	6939300	3/27/2009 Vol. 35/12
Development 67-21.002 ......	The purpose of this Rule is to establish the procedures by which the Corporation shall administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation of ....	6713387	1/30/2009 Vol. 35/04
Development 67-21.002 ......	The purpose of this Rule is to establish the procedures by which the Corporation shall administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation of ....	6456240	11/26/2008 Vol. 34/48
Development 67-21.002 ......	The purpose of this Rule is to establish the procedures by which the Corporation shall administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation of ....	6246429	10/10/2008 Vol. 34/41
Development 67-21.002 ......	The purpose of this Rule is to establish the procedures by which the Corporation shall administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation of ....	6096564	9/5/2008 Vol. 34/36
Final 67-21.008	Terms and Conditions of MMRB Loans	5427749	Effective: 03/30/2008
Variances 67-21.008	The Florida Housing Finance Corporation gives notice of the entry of an Order Granting a Petition for Waiver or Variance NAME OF THE PETITIONER: Lamson Avenue Apartments, Ltd. DATE PETITION WAS FILED: December 21, 2007 RULE ....	5203970	2/8/2008 Vol. 34/06
Proposed 67-21.002 ......	The purpose of this Rule Chapter is to establish procedures by which the Corporation shall administer the Application process, determine bond allocation amounts and implement the provisions of the Multifamily Mortgage Revenue ....	5176713	2/1/2008 Vol. 34/05
Withdrawal 67-21.002 ......	Definitions, Application and Selection Process for Developments, Applicant Administrative Appeal Procedures, Federal Set-Aside Requirements, Determination of Method of Bond Sale, Development Requirements, ....	5142084	1/25/2008 Vol. 34/04
Proposed 67-21.002 ......	The purpose of this Rule Chapter is to establish procedures by which the Corporation shall administer the Application process, determine bond allocation amounts and implement the provisions of the Multifamily Mortgage Revenue ....	5124721	1/18/2008 Vol. 34/03
Variances 67-21.008	Variance of 67-21.008(2)(b), Florida Administrative Code from Lamson Avenue Apartments, Ltd. (“Petition”). The Petition is seeking a variance of the requirement from the Rule which mandates that each recipient of a mortgage ....	5070595	1/4/2008 Vol. 34/01
Variances 67-21.008	The Florida Housing Finance Corporation gives notice of the entry of an Order Granting a Petition for Waiver or Variance NAME OF THE PETITIONER: Spanish Trace, Ltd. DATE PETITION WAS FILED: September 25, 2007 RULE NUMBER ....	5032086	12/28/2007 Vol. 33/52
Development 67-21.002 ......	The purpose of this Rule is to establish the procedures by which the Corporation shall: (1) administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation ....	4908508	11/21/2007 Vol. 33/47
Development 67-21.002 ......	The purpose of this Rule is to establish the procedures by which the Corporation shall: (1) administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation ....	4696466	10/12/2007 Vol. 33/41
Variances 67-21.008	Variance of paragraph 67-21.008(1)(b), Florida Administrative Code, from Spanish Trace Housing, Ltd. (“Petition”). The Petition is seeking a variance of the rules that imposes certain conditions on mortgage loans issued ....	4688706	10/12/2007 Vol. 33/41
Development 67-21.002 ......	The purpose of this Rule is to establish the procedures by which the Corporation shall: (1) administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation ....	4576089	9/7/2007 Vol. 33/36
Variances 67-21.008	Variance of Rule 67-21.008(1)(b), Florida Administrative Code from Clear Harbor, Ltd.. (“Petition”). The Petition is seeking a variance of the rule which imposes certain conditions on mortgage loans issued by the Corporation ....	4317584	7/6/2007 Vol. 33/27
Final 67-21.008	Terms and Conditions of MMRB Loans	3950342	Effective: 04/01/2007
Proposed 67-21.002 ......	The purpose of this Rule Chapter is to establish the procedures by which the Corporation shall administer the Application process, determine bond allocation amounts and implement the provisions of the Multifamily Mortgage ....	3526355	2/2/2007 Vol. 33/05
Development 67-21.002 ......	The purpose of this Rule is to establish the procedures by which the Corporation shall administer the Application process, determine loan amounts, and make and service mortgage loans for new construction or rehabilitation ....	3285310	12/15/2006 Vol. 32/50
Development 67-21 ......	The purpose of this Rule is to establish the procedures by which the Corporation shall administer the Application process, determine loan amounts, and make and service mortgage loans for new construction or rehabilitation ....	3093832	11/3/2006 Vol. 32/44
Development 67-21 ......	The purpose of this Rule is to establish the procedures by which the Corporation shall administer the Application process, determine loan amounts, and make and service mortgage loans for new construction or rehabilitation ....	741873	10/6/2006 Vol. 32/40
Development 67-21.002 ......	The purpose of this Rule is to establish the procedures by which the Corporation shall: (1) administer the Application process, determine loan amounts, make and service mortgage loans for new construction or rehabilitation ....	623145	8/25/2006 Vol. 32/34
Variances 67-21.008	Waiver of Rule 67-21.008(1)(b), Florida Administrative Code, from Brook Haven, Ltd. (“Petition”). The Petition is seeking a variance of the Rules which mandates that each recipient of a mortgage loan shall provide for a ....	352224	5/19/2006 Vol. 32/20
Variances 67-21.008	Huntington Reserve Associates, Ltd.	144159	3/17/2006 Vol. 32/11
Variances 67-21.008	Fox Hollow Associates, Ltd.	144062	3/17/2006 Vol. 32/11
Final 67-21.008	Terms and Conditions of MMRB Loans	2173011	Effective: 01/29/2006
Variances 67-21.008	received a Petition for Waiver from paragraph 67-21.008(1)(b), F.A.C., from Huntington Reserve Associates, Ltd., (“Petition”). The Petition is seeking a variance from the rule which mandates that each recipient of a mortgage ....	16313	1/6/2006 Vol. 32/01
Variances 67-21.008	received a Petition for Waiver from paragraph 67-21.008(1)(b), F.A.C., from Fox Hollow Associates, Ltd., (“Petition”). The Petition is seeking a variance from the rule which mandates that each recipient of a mortgage loan ....	16119	1/6/2006 Vol. 32/01

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