Florida

Florida Housing Finance Corporation will hold four virtual workshops for RFAs to solicit comments and suggestions.

Florida Housing Finance Corporation (FHFC) will hold a Board of Directors meeting on October 22.

Florida Housing issued RFA 2021-205 SAIL Financing of Affordable Multifamily Housing Developments to be Used in Conjunction with Tax-Exempt Bonds and Non-Competitive Housing Credits.

Florida Housing issued a questions and answers document for requests for applications.

Florida Housing will host an in-person compliance training from 8:30 a.m. to 4 p.m. ET on September 24 at the Renaissance Orlando at SeaWorld.

Florida Housing issued the following Requests for Applications (RFAs): 

RFA 2021-201 Housing Credit Financing for Affordable Housing Developments Located in Medium and Small Counties. The application deadline is August 26, 2021. 
RFA 2021-202 Housing Credit Financing for Affordable Housing Developments Located in Broward, Duval, Hillsborough, Orange, Palm Beach and Pinellas Counties. The application deadline is August 31, 2021. 
RFA 2021-203 Housing Credit Financing for Affordable Housing Developments Located in Miami-Dade County. The application deadline is August 24, 2021.  

Florida Housing will hold a virtual meeting titled, “Florida Housing’s Strategies for Financing Permanent Rental Housing for Persons with Special Needs and Homeless Households” on August 10, 2021, beginning at 2 p.m. ET. Register here. The meeting’s agenda will include: 

Florida Housing will host a workshop on its RFA 2021-205 SAIL Financing of Affordable Multifamily Housing Developments To Be Used In Conjunction With Tax-Exempt Bonds And Non-Competitive Housing Credits on July 13 at 2 p.m. ET. The workshop will be held both in person at Florida Housing’s office (227 N. Bronough Street Tallahassee, FL 32301) and via webinar. Register here to attend via webinar.

Florida Housing posted new drafts of the LIHTC Geographic RFAs and Development Cost Pro Formas.  Each RFA Webpage also includes a comparison document outlining the changes between the last posted draft and the new draft.

Florida Housing’s Board approved the 2021-2022 Tentative Funding Amounts and Timeline. Florida Housing will hold a virtual workshop regarding the three 2021 LIHTC Geographic RFAs at 9:30 a.m. ET on June 24. Register here.  

Hunt Capital Partners announced that it and co-developers HumanKind Housing LLC and Kingdom Development Inc. have closed on $4 million in Low Income Housing Tax Credit equity financing to acquire and rehabilitate 85 units of affordable multifamily housing on the Space Coast of Florida. 

Florida Housing created a Multifamily Development Cost Increase Pro Forma Survey Template to gather some basic information on the current status of proposed Developments that have not yet filed a Notice of Commencement. Florida Housing intends to gather this data to assist in determining any future recommendations for actions that can be offered to the Board of Directors in addressing the dilemma of the rapid increase in construction costs over the past year and the consequential issues related to adequate funding resources needed to provide a viable Development and to maintain a reasonable Total Development Cost Per Unit  Limitation process.