16 chapters · 723 sections in this title.
Fla. Stat. § 420.526 Predevelopment Loan Program; loans and grants authorized; activities eligible for support
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(1) The corporation is authorized to make loans and grants from the Housing Predevelopment Fund to eligible sponsors when it determines that:(a) A need for housing for the target population exists in the area described in the application; and(b) Federal, state, or local public fu…
Fla. Stat. § 420.527 Criteria for determining threshold compliance
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(1) The corporation shall establish the criteria for determining threshold compliance with corporation objectives. Final decisions regarding funding shall be approved by the corporation board. The corporation board shall determine the tentative loan or grant amount available to e…
Fla. Stat. § 420.528 Rules; summary required with annual report
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(1) The corporation may adopt rules necessary to implement ss. 420.521-420.529 and to further specify the purposes for which loan and grant funds may be expended, the required content of applications, the procedure for evaluating and competitively ranking all applications, and re…
Fla. Stat. § 420.529 Default by sponsor
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If a default on a loan occurs, the corporation may foreclose on any mortgage or security interest or commence any legal action to protect the interest of the corporation or the fund and recover the amount of the unpaid principal, accrued interest, and fees on behalf of the fund. …