The State of Florida has been awarded funding through the Coronavirus Aid, Relief and Economic Security (CARES Act) Coronavirus Relief Funds (CRF) to provide rental assistance for residents in Florida Housing funded developments. The owner’s Invitation to Participate is now available, but is subject to the approval of the FHFC Board of Directors at the July 17, 2020 board meeting.
Using these funds, Florida Housing will subsidize eligible households’ rents by providing payments to owners of participating properties. Payments will not be made to individual resident households. The rental assistance will be available to help pay an eligible household’s rent for July through December 2020, as well as rent arrearages accrued during the months of April, May and June 2020. All funds must be expended by December 30, 2020.
Update: Florida Housing modified Section C. of the Development Eligibility Guidelines to make clear that Eligible Households in the Development may not currently receive housing rental assistance under any other federal program. Exhibit A has also been modified to request the Property Key Number, as issued by the Corporation, instead of the Corporation HPP ID. Please note that the application for these funds may only be requested by the applicant/owner of a development currently in Florida Housing’s portfolio. Individual tenants should work with their respective management company for eligibility determination.
