reglab/housing_qa huggingface dataset:
FL Stat § 420.5061 (2021)
2021 Florida Statutes|Title XXX - Social Welfare|Chapter 420 - Housing|Part V - Florida Housing Finance Corporation (Ss. 420.501-420.55)|420.5061 - Transfer of agency assets and liabilities.

420.5061 Transfer of 1agency assets and liabilities.—The corporation is the legal successor in all respects to the 1agency, is obligated to the same extent as the 1agency under any agreements existing on December 31, 1997, and is entitled to any rights and remedies previously afforded the 1agency by law or contract, including specifically the rights of the 1agency under chapter 201 and part VI of chapter 159. Effective January 1, 1998, all references under Florida law to the 1agency are deemed to mean the corporation. The corporation shall transfer to the General Revenue Fund an amount which otherwise would have been deducted as a service charge pursuant to s. 215.20(1) if the Florida Housing Finance Corporation Fund established by s. 420.508(5), the State Apartment Incentive Loan Fund established by s. 420.5087(7), the Florida Homeownership Assistance Fund established by s. 420.5088(4), the HOME Investment Partnership Fund established by s. 420.5089(1), and the Housing Predevelopment Loan Fund established by s. 420.525(1) were each trust funds. For purposes of s. 112.313, the corporation is deemed to be a continuation of the 1agency, and the provisions thereof are deemed to apply as if the same entity remained in place. Any employees of the 1agency and 1agency board members covered by s. 112.313(9)(a)6. shall continue to be entitled to the exemption in that subparagraph, notwithstanding being hired by the corporation or appointed as board members of the corporation.History.—s. 10, ch. 97-167; s. 5, ch. 98-56; s. 16, ch. 2006-69; s. 12, ch. 2007-198.1Note.—The Florida Housing Finance Agency was replaced by the Florida Housing Finance Corporation pursuant to s. 7, ch. 97-167.
FL Stat § 420.5095 (2021)
2021 Florida Statutes|Title XXX - Social Welfare|Chapter 420 - Housing|Part V - Florida Housing Finance Corporation (Ss. 420.501-420.55)|420.5095 - Community Workforce Housing Loan Program.

420.5095 Community Workforce Housing Loan Program.—(1) The Legislature finds and declares that recent rapid increases in the median purchase price of a home and the cost of rental housing have far outstripped the increases in median income in the state, creating the need for innovative solutions for the provision of housing opportunities.(2) The Community Workforce Housing Loan Program is created to provide workforce housing for persons affected by the high cost of housing.(3) For purposes of this section, the term “workforce housing” means housing affordable to natural persons or families whose total annual household income does not exceed 80 percent of the area median income, adjusted for household size, or 120 percent of area median income, adjusted for household size, in areas of critical state concern designated under s. 380.05, for which the Legislature has declared its intent to provide affordable housing, and areas that were designated as areas of critical state concern for at least 20 consecutive years before removal of the designation.(4) The Florida Housing Finance Corporation is authorized to provide loans under the program to applicants for construction of workforce housing.(5) The corporation shall establish a loan application process under s. 420.5087.(6) Projects must be given priority consideration for funding if the local jurisdiction has adopted, or is committed to adopting, appropriate regulatory incentives, local contributions or financial strategies, or other funding sources to promote the development and ongoing financial viability of such projects. Local incentives include such actions as expediting review of development orders and permits, supporting development near transportation hubs and major employment centers, and adopting land development regulations designed to allow flexibility in densities, use of accessory units, mixed-use developments, and flexible lot configurations. Financial strategies include such actions as promoting employer-assisted housing programs, providing tax increment financing, and providing land.(7) The corporation shall award loans with a 1 percent interest rate for a term that does not exceed 15 years.(8) The corporation may adopt rules pursuant to ss. 120.536(1) and 120.54 to implement this section.History.—ss. 47, 53, ch. 2006-26; s. 27, ch. 2006-69; s. 15, ch. 2007-198; s. 116, ch. 2008-4; s. 64, ch. 2011-139; s. 332, ch. 2011-142; s. 12, ch. 2019-165; s. 15, ch. 2020-27.
FL Stat § 420.51 (2021)
2021 Florida Statutes|Title XXX - Social Welfare|Chapter 420 - Housing|Part V - Florida Housing Finance Corporation (Ss. 420.501-420.55)|420.51 - State and local government not liable on bonds or notes.

420.51 State and local government not liable on bonds or notes.—The bonds of the corporation shall not be a debt of the state or of any local government, and neither the state nor any local government shall be liable thereon. The corporation shall not have the power to pledge the credit, the revenues, or the taxing power of the state or of any local government; and neither the credit, the revenues, nor the taxing power of the state or of any local government shall be, or shall be deemed to be, pledged to the payment of any bonds of the corporation.History.—s. 1, ch. 80-161; s. 20, ch. 97-167.
FL Stat § 420.513 (2021)
2021 Florida Statutes|Title XXX - Social Welfare|Chapter 420 - Housing|Part V - Florida Housing Finance Corporation (Ss. 420.501-420.55)|420.513 - Exemption from taxes and eligibility as investment.

420.513 Exemption from taxes and eligibility as investment.—(1) The property of the corporation, the transactions and operations thereof, the income therefrom, and the bonds of the corporation issued under this act, together with all notes, mortgages, security agreements, letters of credit, or other instruments that arise out of or are given to secure the repayment of bonds issued in connection with the financing of any housing under this part, and all notes, mortgages, security agreements, letters of credit, or other instruments that arise out of or are given to secure the repayment of loans issued in connection with the financing of any housing under this part, as well as the interest thereon and income therefrom, regardless of the status of any party thereto as a private party, shall be exempt from taxation by the state and its political subdivisions. The exemption granted by this subsection shall not apply to any tax imposed by chapter 220 on interest, income, or profits on debt obligations owned by corporations.(2) All bonds of the corporation shall be and constitute legal investments without limitation for all public bodies of this state; for all banks, trust companies, savings banks, savings associations, savings and loan associations, and investment companies; for all administrators, executors, trustees, and other fiduciaries; for all insurance companies and associations and other persons carrying on an insurance business; and for all other persons whatsoever who are now or may hereafter be authorized to invest in bonds or other obligations of the state and shall be and constitute eligible securities to be deposited as collateral for the security of any state, county, municipal, or other public funds. This subsection shall be considered as additional and supplemental authority and shall not be limited without specific reference hereto.History.—s. 1, ch. 80-161; s. 55, ch. 89-356; s. 23, ch. 97-167; s. 17, ch. 2007-198.
FL Stat § 420.514 (2021)
2021 Florida Statutes|Title XXX - Social Welfare|Chapter 420 - Housing|Part V - Florida Housing Finance Corporation (Ss. 420.501-420.55)|420.514 - Corporate existence.

420.514 Corporate existence.—The corporation and its corporate existence shall continue until terminated by law, provided that no such law shall take effect so long as the corporation shall have bonds outstanding, unless adequate provision has been made for the payment thereof. Upon termination of the existence of the corporation, all its rights and properties in excess of its obligations shall pass to and be vested in the state.History.—s. 1, ch. 80-161; s. 24, ch. 97-167.
FL Stat § 420.515 (2021)
2021 Florida Statutes|Title XXX - Social Welfare|Chapter 420 - Housing|Part V - Florida Housing Finance Corporation (Ss. 420.501-420.55)|420.515 - Inconsistent provisions of other laws superseded.

420.515 Inconsistent provisions of other laws superseded.—Insofar as the provisions of this part are inconsistent with the provisions of any other law, general, special, or local, the provisions of this part shall be controlling.History.—s. 1, ch. 80-161.
FL Stat § 420.516 (2021)
2021 Florida Statutes|Title XXX - Social Welfare|Chapter 420 - Housing|Part V - Florida Housing Finance Corporation (Ss. 420.501-420.55)|420.516 - Discrimination prohibited.

420.516 Discrimination prohibited.—It is an unlawful practice for a sponsor, while bonds are outstanding for the purpose of funding or financing the sponsor’s project, to discriminate against any person or family because of race, color, religion, sex, national origin, or marital status.History.—s. 4, ch. 83-238.
FL Stat § 420.517 (2021)
2021 Florida Statutes|Title XXX - Social Welfare|Chapter 420 - Housing|Part V - Florida Housing Finance Corporation (Ss. 420.501-420.55)|420.517 - Affordable housing and job training coordination.

420.517 Affordable housing and job training coordination.—The Florida Housing Finance Corporation shall undertake efforts to provide incentives to developers to build housing that encourages onsite job skills training to enable low-income residents to obtain and maintain meaningful employment. To the extent possible, the corporation shall direct all recipients of state housing funds, including municipalities, to work in cooperation with local and regional Job Training Partnerships Boards to provide training to residents and others who may be making the transition from welfare to the workforce. The corporation shall provide incentives through housing policy and program guidelines to prioritize those developments that encourage workforce training and skills development.History.—s. 25, ch. 97-167.
FL Stat § 420.521 (2021)
2021 Florida Statutes|Title XXX - Social Welfare|Chapter 420 - Housing|Part V - Florida Housing Finance Corporation (Ss. 420.501-420.55)|420.521 - Short title.

420.521 Short title.—Sections 420.521-420.529 may be cited as the “Predevelopment Loan Program Act.”History.—s. 13, ch. 88-376; s. 2, ch. 89-121; s. 1, ch. 93-181.Note.—Former s. 420.303.
FL Stat § 420.522 (2021)
2021 Florida Statutes|Title XXX - Social Welfare|Chapter 420 - Housing|Part V - Florida Housing Finance Corporation (Ss. 420.501-420.55)|420.522 - Legislative findings.

420.522 Legislative findings.—It is hereby found by the Legislature that:(1) There continues to exist a serious shortage of affordable housing for farmworkers, very-low-income persons and families, and low-income persons and families throughout the state.(2) Existing private, local, state, and federal resources have not been adequate to remedy this shortage.(3) The provision of housing predevelopment funds is necessary to leverage currently available resources for housing development.History.—s. 13, ch. 88-376; s. 17, ch. 93-181.Note.—Former s. 420.304.
FL Stat § 420.523 (2021)
2021 Florida Statutes|Title XXX - Social Welfare|Chapter 420 - Housing|Part V - Florida Housing Finance Corporation (Ss. 420.501-420.55)|420.523 - Purpose.

420.523 Purpose.—The purpose of the Predevelopment Loan Program is to:(1) Provide for financial and technical assistance to local governments, housing authorities, and not-for-profit organizations who will provide for the sponsorship of housing for the target population in the state, such housing to be financed by federal, state, local, or private resources.(2) Ensure maximum leverage of federal, state, and local public funds and private resources in the construction and financing of housing for the target population.(3) Create a Housing Predevelopment Fund to be used by eligible sponsors of housing.History.—s. 13, ch. 88-376; s. 2, ch. 93-181; s. 26, ch. 97-167.Note.—Former s. 420.305.
FL Stat § 420.524 (2021)
2021 Florida Statutes|Title XXX - Social Welfare|Chapter 420 - Housing|Part V - Florida Housing Finance Corporation (Ss. 420.501-420.55)|420.524 - Definitions relating to Predevelopment Loan Program Act.

420.524 Definitions relating to Predevelopment Loan Program Act.—For the purpose of ss. 420.521-420.529, the term:(1) “Community-based organization” or “not-for-profit organization” means any group incorporated under chapter 617 to provide housing and other services on a not-for-profit basis, and which is acceptable to federal and state agencies and financial institutions as a sponsor of affordable housing.(2) “Eligible housing project” means a housing project proposed by an eligible sponsor which will ensure that a minimum of 20 percent of the completed housing units are rented or sold to very-low-income persons or that a minimum of 50 percent of the completed housing units are rented or sold to low-income households or low-income farmworker households.(3) “Low-income persons” means one or more natural persons or a family, not including students, whose total annual household income does not exceed 80 percent of the median annual adjusted gross income for households within the state, or 80 percent of the median annual adjusted gross income for households within the metropolitan statistical area (MSA) or, if not within an MSA, within the county in which the person or family resides, whichever is greater.(4) “Sponsor” means a unit of local government, a housing authority as established pursuant to chapter 421, a community-based or not-for-profit organization, or a limited partnership if its general partner is a community-based or not-for-profit organization that applies for and is awarded predevelopment expenses from the fund.(5) “Student” means any person not living with that person’s parent or guardian who is eligible to be claimed by that person’s parent or guardian as a dependent under the federal income tax code and who is enrolled on at least a half-time basis in a secondary school, career center, community college, college, or university. The term does not include a person participating in an educational or training program approved by the corporation.(6) “Target population” means farmworkers, very-low-income persons and families, and low-income persons and families.(7) “Very-low-income persons” means one or more natural persons or a family, not including students, whose total annual household income does not exceed 50 percent of the median annual adjusted gross income for households within the state, or 50 percent of the median annual adjusted gross income for households within the metropolitan statistical area (MSA) or, if not within an MSA, within the county in which the person or family resides, whichever is greater. “Very-low-income persons” also means, in projects for which the sponsor intends to use the federal low-income housing tax credit, persons or households having incomes that meet the eligibility requirements of s. 42 of the Internal Revenue Code of 1986, as amended.History.—s. 13, ch. 88-376; s. 12, ch. 92-317; s. 3, ch. 93-181; s. 77, ch. 2000-153; s. 37, ch. 2004-357.Note.—Former s. 420.306.
FL Stat § 420.525 (2021)
2021 Florida Statutes|Title XXX - Social Welfare|Chapter 420 - Housing|Part V - Florida Housing Finance Corporation (Ss. 420.501-420.55)|420.525 - Housing Predevelopment Fund.

420.525 Housing Predevelopment Fund.—(1) There is authorized to be established by the corporation with a qualified public depository meeting the requirements of chapter 280 a separate fund to be named the “Housing Predevelopment Fund” which shall be administered by the corporation according to the provisions of ss. 420.521-420.529. Any amounts held in the Housing Predevelopment Trust Fund for such purposes as of January 1, 1998, must be transferred to the corporation for deposit in the Housing Predevelopment Fund, whereupon the Housing Predevelopment Trust Fund must be closed. There shall be deposited into the fund moneys from the State Housing Trust Fund as created by s. 420.0005 or moneys received from any other source, for the purpose of this program and all proceeds derived from the use of such moneys. Administrative and personnel costs incurred in implementing the provisions of ss. 420.521-420.529 may be paid from the fund. Expenditures from the Housing Predevelopment Fund shall not be required to be included in the corporation’s budget request or be subject to appropriation by the Legislature.(2) All unencumbered funds, loan repayments, proceeds from the sale of any property, existing funds remaining in the following programs, and any other proceeds that would otherwise accrue pursuant to the activities conducted under this program and the provisions of the following programs shall be deposited in the fund and shall not revert to the General Revenue Fund:(a) The Rural Housing Land Acquisition and Site Development Act;(b) The Farmworker Housing Assistance Act; and(c) The Community-Based Organization Loan Program created by the Affordable Housing Planning and Community Assistance Act.History.—s. 13, ch. 88-376; s. 13, ch. 92-317; s. 4, ch. 93-181; s. 27, ch. 97-167; s. 78, ch. 2000-153.Note.—Former s. 420.307.
FL Stat § 420.527 (2021)
2021 Florida Statutes|Title XXX - Social Welfare|Chapter 420 - Housing|Part V - Florida Housing Finance Corporation (Ss. 420.501-420.55)|420.527 - Criteria for determining threshold compliance.

420.527 Criteria for determining threshold compliance.—(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 each program participant. The actual loan or grant amount shall be determined pursuant to rule specifying credit underwriting procedures.(2) The criteria to be used to determine threshold compliance shall include, but are not limited to, the following:(a) Income target objectives of the corporation.(b) Sponsor’s agreement to reserve more than the minimum number of units for low-income households and very-low-income households.(c) Projects requiring the least amount of predevelopment funds compared to total predevelopment costs.(d) Sponsor’s prior experience.(e) Commitments of other financing.(f) Sponsor’s ability to proceed.(g) Project’s consistency with the local government comprehensive plan.History.—s. 13, ch. 88-376; s. 15, ch. 92-317; s. 17, ch. 93-181; s. 29, ch. 97-167; s. 6, ch. 2002-160; s. 33, ch. 2015-4.Note.—Former s. 420.309.
FL Stat § 420.528 (2021)
2021 Florida Statutes|Title XXX - Social Welfare|Chapter 420 - Housing|Part V - Florida Housing Finance Corporation (Ss. 420.501-420.55)|420.528 - Rules; summary required with annual report.

420.528 Rules; summary required with annual report.—(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 reporting requirements for sponsors awarded funds under ss. 420.521-420.529.(2) The corporation shall submit, within the annual report required by s. 420.511, a summary of loans and grants made, loan and grant recipients, loan commitments received by sponsors, persons or families housed, projects initiated and completed, and the balance on all loans outstanding at the end of each fiscal year of the corporation.History.—s. 13, ch. 88-376; s. 16, ch. 92-317; s. 6, ch. 93-181; s. 30, ch. 97-167; s. 13, ch. 98-56.Note.—Former s. 420.31.
FL Stat § 420.529 (2021)
2021 Florida Statutes|Title XXX - Social Welfare|Chapter 420 - Housing|Part V - Florida Housing Finance Corporation (Ss. 420.501-420.55)|420.529 - Default by sponsor.

420.529 Default by sponsor.—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. The corporation may also acquire real and personal property or any interest in the property if such acquisition is necessary or appropriate to protect any loan; to sell, transfer, and convey any such property to a buyer without regard to the provisions of chapters 253 and 270; and, if such sale, transfer, or conveyance cannot be effected within a reasonable time, to lease such property for occupancy by eligible persons. All sums recovered from the sale, transfer, conveyance, or lease of such property shall be deposited into the Housing Predevelopment Fund.History.—s. 13, ch. 88-376; s. 17, ch. 92-317; s. 17, ch. 93-181; s. 31, ch. 97-167.Note.—Former s. 420.32.
FL Stat § 420.5295 (2021)
2021 Florida Statutes|Title XXX - Social Welfare|Chapter 420 - Housing|Part V - Florida Housing Finance Corporation (Ss. 420.501-420.55)|420.5295 - Applicability.

420.5295 Applicability.—To the extent that provisions of this part are not inconsistent with contract provisions under the Rural Land Acquisition and Site Development Act, the Farmworker Housing Assistance Act, and the Community-Based Organization Loan Program, the provisions of this part shall apply to the disposition of lands acquired by the state as a result of the default on loans under such programs.History.—s. 13, ch. 88-376.Note.—Former s. 420.33.