The PR Program is designed to assist low-to-moderate income homeowners who have consistently paid their mortgage payments, are not delinquent on their mortgage payments, but whose unpaid principal balance is greater than the current market value of their home, by providing Hardest Hit Funds to reduce the amount of their outstanding principal loan balance to an amount as close to 100% loan-to-value as possible and also reduce their monthly mortgage payment.
Fla. Admin. Code Ann. R. 67-59.201
Rulemaking Authority 420.507(33) FS. Law Implemented 420.507(33) FS.
New 12-12-13.