Section 67-60.001 - Purpose and IntentThe purpose of this rule chapter is to establish the procedures by which the Corporation shall:
(1) Administer the competitive solicitation funding process to make and service mortgage loans for new construction or rehabilitation of affordable rental units under the State Apartment Incentive Loan (SAIL) Program authorized by section 420.5087, F.S., and the HOME Investment Partnerships (HOME) Program authorized by section 420.5089, F.S.;(2) Administer the competitive solicitation processes to implement the provisions of the Housing Credit (HC) Program authorized by Section 42 of the IRC and section 420.5099, F.S.; and,(3) Administer the competitive solicitation funding process for any other Corporation program.(4) This rule chapter shall be reviewed, and if necessary, repealed or renewed through the rulemaking process no later than five years from the effective date.Fla. Admin. Code Ann. R. 67-60.001
Rulemaking Authority 420.507(12) FS. Law Implemented 420.507(48), 420.5087, 420.5089(2), 420.5099 FS.
New 8-20-13, Amended by Florida Register Volume 40, Number 185, September 23, 2014 effective 10/8/2014, Repromulgated by Florida Register Volume 42, Number 169, August 30, 2016 effective 9/15/2016, Amended by Florida Register Volume 44, Number 124, June 26, 2018 effective 7/8/2018, Amended by Florida Register Volume 48, Number 120, June 21, 2022 effective 7/6/2022.New 8-20-13, Amended 10-8-14, Repromulgated 9-15-16, 7-8-18, Amended 7-6-22.