MARCH 24 • 9:11 a.m. — This year’s affordable housing bill, HB 639 by Rep. Gary Aubuchon (R-Cape Coral), passed out of its final House committee this morning and is ready to be heard by the full House. This bill removes the $243 million cap on the amount that can go toward housing programs.
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GENERAL BILL by Aubuchon (CO-SPONSORS) Bernard; Fullwood; Garcia; Gibbons; Jones; Pafford; Sands; Steinberg; Williams, T.
Affordable Housing: Provides housing finance authority with additional purpose for which it may exercise power to borrow; revises provisions relating to local comprehensive plans to authorize inclusion of element for affordable housing for certain seniors; provides for disposition of real property by local government for certain purposes; revises allocation of certain proceeds distributed from excise tax on documents that are paid into State Treasury to credit of State Housing Trust Fund; includes needs of persons with special needs in state housing strategy's periodic review & report; authorizes DCA Secretary to designate senior-level agency employee to serve on board of directors of FHFC; provides for appointment of inspector general of FHFC; requires certain rates of interest to be made available to sponsors of projects for persons with special needs; provides & revises powers of FHFC; limits reservation of funds within each notice of fund availability to persons with special needs tenant group; includes persons with special needs as tenant group for specified purposes of State Apartment Incentive Loan Program; revises & provides criteria to be used by specified review committee for competitive ranking of applications for such program; prohibits funds from State Housing Trust Fund or Local Government Housing Trust Fund that are appropriated for specified programs from being used for certain purposes.
Effective Date: July 1, 2011
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GENERAL BILL by Aubuchon (CO-SPONSORS) Bernard; Fullwood; Garcia; Gibbons; Jones; Pafford; Sands; Steinberg; Williams, T.
Affordable Housing: Provides housing finance authority with additional purpose for which it may exercise power to borrow; revises provisions relating to local comprehensive plans to authorize inclusion of element for affordable housing for certain seniors; provides for disposition of real property by local government for certain purposes; revises allocation of certain proceeds distributed from excise tax on documents that are paid into State Treasury to credit of State Housing Trust Fund; includes needs of persons with special needs in state housing strategy's periodic review & report; authorizes DCA Secretary to designate senior-level agency employee to serve on board of directors of FHFC; provides for appointment of inspector general of FHFC; requires certain rates of interest to be made available to sponsors of projects for persons with special needs; provides & revises powers of FHFC; limits reservation of funds within each notice of fund availability to persons with special needs tenant group; includes persons with special needs as tenant group for specified purposes of State Apartment Incentive Loan Program; revises & provides criteria to be used by specified review committee for competitive ranking of applications for such program; prohibits funds from State Housing Trust Fund or Local Government Housing Trust Fund that are appropriated for specified programs from being used for certain purposes.
Effective Date: July 1, 2011
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