Florida

The Florida Housing Finance Corporation Board of Directors meeting is scheduled for Friday, March 6, 2020. To be included on the Board Meeting Agenda, the following deadlines must be met:

On January 6, the Florida Housing Finance Corporation posted an updated 2019-2020 Tentative Funding Amounts and Timeline.

Florida Housing issued a third Modification of RFA 2019-116 SAIL Financing of Affordable Multifamily Housing Developments to be Used in Conjunction with Tax-Exempt Bond Financing and Non-Competitive Housing Credits.  The modification will extend the Application Deadline from December 19, 2019 to December 30, 2019.

The National Council of State Housing Agencies (NCSHA) and the Economic Innovation Group (EIG) published three case studies of developments that incorporate Opportunity Zone investment to create new affordable homes and support community revitalization efforts in Ohio, Maryland and Florida. These are the first in a new series of Opportunity Zone Development Profiles that detail project financing, community socioeconomic data and projected economic impact. The profiles demonstrate how Opportunity Zone investments are being utilized to develop affordable homes for very-low- to moderate-income households, and how that investment is furthering community revitalization efforts and enhancing positive community impact.

Governor Ron DeSantis (R-FL) announced full funding for affordable and workforce housing programs. Unveiled in his Bolder, Brighter, Better Future Budget, the Governor recommends providing $387 million to the affordable housing trust funds – $119.8 million for the State Apartment Incentive Loan (SAIL) program and $267.2 million for the State Housing Initiative Partnership (SHIP) program.

The Florida Housing Finance Corporation issued RFA 2019-116 for SAIL Financing of Affordable Multifamily Housing Developments to be Used in Conjunction with Tax-Exempt Bonds and Non-Competitive Housing Credits. Applications are expected to be due on December 19, 2019.  The Review Committee Meeting is expected to be held February 19, 2020 at 10:00 am ET.

The Florida Housing Finance Corporation posted a new draft of the Request for Applications (RFA) 2019-116 for SAIL Financing of Affordable Multifamily Housing Developments to be Used in Conjunction with Tax-Exempt Bonds and Non-Competitive Housing Credits. A document comparing the 10-25-19 draft of the RFA and the new draft is also available. The RFA is […]

The Florida Housing Finance Corporation will host a workshop on December 12 at 1:30 pm to discuss possible changes to the proximity scoring process in the 2020-2021 scoring cycle. The meeting will be available in person at Orlando Hyatt Regency Orlando Airport, 9300 Jeff Fuqua Blvd, Orlando, FL 32827.  The workshop will also be available […]

The Florida Housing Finance Corporation posted a draft of “RFA 2019-116 SAIL Financing of Affordable Multifamily Housing Developments to be Used in Conjunction with Tax-Exempt Bonds and Non-Competitive Housing Credits.” This draft includes language discussed at the October 8, 2019 workshop regarding “Self-Sourced Applicants.” Additionally, a new draft of the Development Cost Pro Forma and […]

The Florida Housing Finance Corporation posted the second round of questions and answers for RFA 2019-112, 2019-113 and 2019-114.

Florida Housing Finance Corporation issued RFA 2019-115 “Housing Credit Financing for the Preservation of Existing Affordable Multifamily Housing Developments” and RFA 2019-118 “Elderly Housing Community Loan”.

The Florida Housing Finance Corporation released a revised draft of RFA 2019-115 “Housing Credit Financing for the Preservation of Existing Affordable Multifamily Housing Developments.” Florida is also postponing the issuance of RFA 2019-116 SAIL Financing of Affordable Multifamily Housing Developments to be Used in Conjunction with Tax-Exempt Bonds and Non-Competitive Housing Credits. A workshop will […]