(1) Provide for financial and technical assistance to local governments, housing authorities, and not-for-profit organizations who will provide for the sponsorship of housing for the target population in the state, such housing to be financed by federal, state, local, or private resources.
(2) Ensure maximum leverage of federal, state, and local public funds and private resources in the construction and financing of housing for the target population.
(3) Create a Housing Predevelopment Fund to be used by eligible sponsors of housing.
History.—s. 13, ch. 88-376; s. 2, ch. 93-181; s. 26, ch. 97-167.
Note.—Former s. 420.305.
Structure Florida Statutes
Part V - Florida Housing Finance Corporation (Ss. 420.501-420.55)
420.502 - Legislative findings.
420.504 - Public corporation; creation, membership, terms, expenses.
420.505 - Meetings; quorum; voting.
420.506 - Executive director; agents and employees; inspector general.
420.5061 - Transfer of agency assets and liabilities.
420.507 - Powers of the corporation.
420.508 - Special powers; multifamily and single-family projects.
420.5087 - State Apartment Incentive Loan Program.
420.5088 - Florida Homeownership Assistance Program.
420.5089 - HOME Investment Partnership Program; HOME Investment Partnership Fund.
420.5092 - Florida Affordable Housing Guarantee Program.
420.5093 - State Housing Tax Credit Program.
420.5095 - Community Workforce Housing Loan Program.
420.5099 - Allocation of the low-income housing tax credit.
420.51 - State and local government not liable on bonds or notes.
420.512 - Conflicts of interest.
420.513 - Exemption from taxes and eligibility as investment.
420.514 - Corporate existence.
420.515 - Inconsistent provisions of other laws superseded.
420.516 - Discrimination prohibited.
420.517 - Affordable housing and job training coordination.
420.518 - Fraudulent or material misrepresentation.
420.522 - Legislative findings.
420.524 - Definitions relating to Predevelopment Loan Program Act.
420.525 - Housing Predevelopment Fund.
420.526 - Predevelopment Loan Program; loans and grants authorized; activities eligible for support.
420.527 - Criteria for determining threshold compliance.
420.528 - Rules; summary required with annual report.