Florida Housing released a draft of its 2021 QAP. The draft QAP proposes removing the 15 percent allocation for preservation or acquisition and preservation. The definitions of Applicant, Developer and Principal now includes a requirement that entities and principals other than natural persons be legally formed as of application deadline.

Florida Housing will host a hearing on April 7, intends to adopt the new rules by April 22 and for the rules to become effective by May 12.