A new draft of RFA 2018-113 Housing Credit Financing for the Preservation of Existing Affordable Multifamily Housing Developments has been posted on the webpage http://www.floridahousing.org/programs/developers-multifamily-programs/competitive/2018/2018-113
This is a redlined draft showing the changes from the previous draft posted on August 31. This includes a correction to the Age of Development Preference. The language has been modified to reflect what was stated at the workshop held on August 23. The revised language states that the Development must be built in 1996 or earlier to meet the definition of Preservation and must be built in 1988 or earlier to receive the Age of Development funding selection preference.
The Corporation expects to issue the RFA on Thursday, September 13, 2018. Applications are expected to be due on Thursday, November 1, 2018. The Review Committee Meeting is expected to be held in January 2019.
