reglab/housing_qa huggingface dataset:
FL Stat § 420.0006 (2021)
2021 Florida Statutes|Title XXX - Social Welfare|Chapter 420 - Housing|Part I - State Housing Strategy (Ss. 420.0001-420.0006)|420.0006 - Authority to contract with corporation; contract requirements; nonperformance.

420.0006 Authority to contract with corporation; contract requirements; nonperformance.—The Secretary of Economic Opportunity shall contract, notwithstanding part I of chapter 287, with the Florida Housing Finance Corporation on a multiyear basis to stimulate, provide, and foster affordable housing in the state. The contract must incorporate the performance measures required by s. 420.511 and be consistent with the corporation’s strategic business plan prepared in accordance with s. 420.511. The contract must provide that if the corporation fails to comply with a performance measure required by s. 420.511, the secretary shall notify the Governor and refer the nonperformance to the department’s inspector general for review and determination as to whether such failure is due to forces beyond the corporation’s control or whether such failure is due to inadequate management of the corporation’s resources. Advances shall continue to be made pursuant to s. 420.0005 during the pendency of the review. If such failure is due to outside forces, it may not be deemed a violation of the contract. If such failure is due to inadequate management, the department’s inspector general shall provide recommendations regarding solutions. The Governor may resolve differences of opinion with respect to performance under the contract and may request that advances continue in the event of a failure under the contract due to inadequate management. The Chief Financial Officer shall approve the request absent a finding by the Chief Financial Officer that continuing such advances would adversely impact the state; however, the Chief Financial Officer shall provide advances sufficient to meet the debt service requirements of the corporation and sufficient to fund contracts committing funds from the State Housing Trust Fund if such contracts are in accordance with the laws of this state.History.—s. 3, ch. 97-167; s. 2, ch. 98-56; s. 458, ch. 2003-261; s. 8, ch. 2011-189; s. 67, ch. 2012-96; s. 8, ch. 2013-83; s. 39, ch. 2021-25.
FL Stat § 420.112 (2021)
2021 Florida Statutes|Title XXX - Social Welfare|Chapter 420 - Housing|Part II - Housing Development Corporation of Florida (Ss. 420.101-420.171)|420.112 - Authorization for certain relationships.

420.112 Authorization for certain relationships.—Notwithstanding any rule at common law or any provision of any general or special law or any provision in their respective charters, agreements of association, articles of organization, or trust indentures:(1) All persons, including all domestic corporations organized for the purpose of carrying on business within this state, and further including without implied limitation public utility companies and foreign corporations licensed to do business within this state, all financial institutions as defined herein, and all trusts, are authorized to acquire, purchase, hold, sell, assign, transfer, mortgage, pledge, or otherwise dispose of any bonds, securities, or other evidences of indebtedness created by the corporation, all without the approval of any regulatory authority of the state except as otherwise provided in this part.(2) All financial institutions are authorized to become stockholders of the corporation and to make loans to the corporation as provided herein.(3) Each financial institution which becomes a stockholder of the corporation is hereby authorized, as an owner of capital stock, to exercise all the rights, powers, and privileges of ownership, including the right to vote thereon, all without the approval of any regulatory authority of the state, except as provided herein.(4) The amount of capital stock of the corporation which any stockholder is authorized to acquire pursuant to the authority granted herein is in addition to the amount of capital stock in corporations which such stockholder may otherwise be authorized to acquire.History.—s. 1, ch. 72-172.
FL Stat § 420.123 (2021)
2021 Florida Statutes|Title XXX - Social Welfare|Chapter 420 - Housing|Part II - Housing Development Corporation of Florida (Ss. 420.101-420.171)|420.123 - Stockholders; loan requirement.

420.123 Stockholders; loan requirement.—(1) Any financial institution may request membership in the corporation by making application to the board of directors on such form and in such manner as the board of directors may require, and membership shall become effective upon acceptance of the application in the manner designated by the board. Each member stockholder of the corporation shall make loans to the corporation as and when called upon by it to do so on such terms and other conditions as shall be approved from time to time by the board of directors, except that the total amount outstanding on loans to the corporation made by any member at any one time, when added to the amount of the investment in the capital stock of the corporation then held by such member, shall not exceed the following limit, to be determined as of the time such member becomes a member on the basis of the audited balance sheet of such member at the close of its fiscal year immediately preceding its application for membership or, in the case of an insurance company, its last annual statement to the Office of Insurance Regulation of the Financial Services Commission: 5 percent of the capital and surplus of commercial banks and trust companies; 5 percent of the total outstanding loans made by savings and loan associations and building and loan associations; 5 percent of the capital and unassigned surplus of stock insurance companies, except fire insurance companies; 5 percent of the unassigned surplus of mutual insurance companies, except fire insurance companies; 0.2 percent of the assets of fire insurance companies; and such limits as may be approved by the board of directors of the corporation for other financial institutions.(2) Each call made by the corporation shall be prorated among the members of the corporation in substantially the same proportion that the adjusted loan limit of each member bears to the aggregate of the adjusted loan limits of all members, except that the amount, if any, prorated to a member shall be based upon the member’s concurrence with the proposed duration of the loan and financial ability to make a loan to the corporation as determined by the member at the time of the call. The adjusted loan limit of a member shall be the amount of such member’s loan limit, reduced by the balance of outstanding loans made by it to the corporation and the investment in capital stock of the corporation held by such member at the time of the call.(3) All loans to the corporation by members shall be evidenced by bonds, debentures, notes, or other evidences of indebtedness of the corporation, which shall be freely transferable at all times, and which shall bear interest at a rate determined by the board of directors.History.—s. 1, ch. 72-172; s. 10, ch. 79-176; s. 2, ch. 80-108; s. 460, ch. 2003-261.
FL Stat § 420.124 (2021)
2021 Florida Statutes|Title XXX - Social Welfare|Chapter 420 - Housing|Part II - Housing Development Corporation of Florida (Ss. 420.101-420.171)|420.124 - Stockholders; powers.

420.124 Stockholders; powers.—The stockholders of the corporation shall have the following powers of the corporation:(1) To make, amend, and repeal bylaws.(2) To amend the charter as provided in s. 420.131.(3) To dissolve the corporation as provided in s. 420.161.(4) To do all things necessary or desirable to secure aid, assistance, loans, and other financing from any financial institution and from any similar government agency.(5) To exercise such other of the powers of the corporation consistent with this chapter as may be conferred on the stockholders by the bylaws. As to all matters requiring action by the stockholders of the corporation, said stockholders shall vote separately thereon, and, except as otherwise herein provided, such matters shall require the affirmative vote of a majority of the votes to which the stockholders present or represented at the meeting shall be entitled.Each stockholder shall have one vote, in person or by proxy, for each share of capital stock held by her or him.History.—s. 1, ch. 72-172; s. 77, ch. 97-103.
FL Stat § 420.131 (2021)
2021 Florida Statutes|Title XXX - Social Welfare|Chapter 420 - Housing|Part II - Housing Development Corporation of Florida (Ss. 420.101-420.171)|420.131 - Articles of incorporation; method of amending.

420.131 Articles of incorporation; method of amending.—(1) The articles of incorporation may be amended by the vote of the stockholders of the corporation, and such amendments shall require approval by the affirmative vote of two-thirds of the votes to which the stockholders shall be entitled. However, no amendment of the articles of incorporation which is inconsistent with the general purposes expressed herein or which eliminates or curtails the right of the Department of Financial Services to examine the corporation or the obligation of the corporation to make reports as provided in s. 420.141(2) shall be made.(2) Within 30 days after any meeting at which an amendment to the articles of incorporation has been adopted, articles of amendment signed and sworn to by the president, treasurer, and a majority of the directors setting forth such amendment and due adoption thereof shall be submitted to the Department of State, which shall examine them and if it finds that they conform to the requirements of this part, shall so certify and endorse its approval thereon.(3) The articles of amendment shall be filed in the office of the Department of State, and no such amendment shall take effect until such articles of amendment shall have been filed as aforesaid.History.—s. 1, ch. 72-172; s. 461, ch. 2003-261.
FL Stat § 420.141 (2021)
2021 Florida Statutes|Title XXX - Social Welfare|Chapter 420 - Housing|Part II - Housing Development Corporation of Florida (Ss. 420.101-420.171)|420.141 - Housing Development Corporation of Florida; deposits and examination.

420.141 Housing Development Corporation of Florida; deposits and examination.—(1) The corporation shall not deposit any of its funds in any financial institution unless such institution has been designated as a depository by the vote of the majority of the directors present at an authorized meeting of the board of directors, exclusive of any director who is an officer or director of the depository so designated. The corporation shall not receive money on deposit.(2) The corporation shall be examined at least once annually by the Office of Financial Regulation of the Financial Services Commission and shall make reports of its condition not less than annually to the office, and more frequently upon call of the office, which in turn shall make copies of such reports available to the Office of Insurance Regulation of the Financial Services Commission and the Governor; and the corporation shall also furnish such other information as may from time to time be required by the Office of Financial Regulation and the Department of State. The Office of Financial Regulation shall exercise the same power and authority over the corporation organized pursuant to this part as is exercised over financial institutions under the provisions of the financial institutions codes, when such codes are not in conflict with this chapter.History.—s. 1, ch. 72-172; s. 201, ch. 92-303; s. 462, ch. 2003-261.
FL Stat § 420.161 (2021)
2021 Florida Statutes|Title XXX - Social Welfare|Chapter 420 - Housing|Part II - Housing Development Corporation of Florida (Ss. 420.101-420.171)|420.161 - Housing Development Corporation of Florida; period of existence; method of dissolution.

420.161 Housing Development Corporation of Florida; period of existence; method of dissolution.—(1) The period of duration of the corporation shall be perpetual, subject, however, to the right of the stockholders and the members to dissolve the corporation as provided in subsection (2).(2) The corporation may, upon the affirmative vote of two-thirds of the votes to which the stockholders are entitled, dissolve the corporation as provided under part I of chapter 607, as long as that part does not conflict with this act. Upon any dissolution of the corporation, the corporation’s assets may not be distributed to the stockholders until all sums due the members of the corporation as creditors thereof have been paid in full.History.—s. 1, ch. 72-172; s. 149, ch. 77-104; s. 45, ch. 2014-209.
FL Stat § 420.171 (2021)
2021 Florida Statutes|Title XXX - Social Welfare|Chapter 420 - Housing|Part II - Housing Development Corporation of Florida (Ss. 420.101-420.171)|420.171 - Housing Development Corporation of Florida; tax privileges and fiscal year.

420.171 Housing Development Corporation of Florida; tax privileges and fiscal year.—(1) Any tax exemptions, tax credits, or tax privileges granted to banks, savings and loan associations, and trust companies by the general laws of the state are granted to the corporation organized pursuant to this chapter.(2) The corporation organized under this chapter shall adopt the calendar year as its fiscal year.History.—s. 1, ch. 72-172.
FL Stat § 420.421 (2021)
2021 Florida Statutes|Title XXX - Social Welfare|Chapter 420 - Housing|Part IV - Neighborhood Housing Rehabilitation Programs (Ss. 420.421-420.429)|420.421 - Short title.

420.421 Short title.—Sections 420.421-420.429 may be cited as the “Neighborhood Housing Services Act.”History.—s. 1, ch. 79-259.
FL Stat § 420.423 (2021)
2021 Florida Statutes|Title XXX - Social Welfare|Chapter 420 - Housing|Part IV - Neighborhood Housing Rehabilitation Programs (Ss. 420.421-420.429)|420.423 - Policy and purpose.

420.423 Policy and purpose.—It is the policy of this state to provide a necessary means to prevent the deterioration of housing, the decline of neighborhoods and surrounding areas, and the inefficient use of energy and environmental resources associated with such deterioration and decline. The purpose of ss. 420.421-420.429 is to assist local governments in participating in a cooperative program with the private sector to deliver effective and continuing support to declining neighborhoods in order to reverse that decline and restore the health and vitality of such neighborhoods. The Legislature, therefore, declares that the rehabilitation of housing to facilitate the preservation and revitalization of neighborhoods, the development of healthy, safe, and viable communities in this state, and all the purposes of ss. 420.421-420.429 are public purposes for which public money may be borrowed, expended, loaned, and granted.History.—s. 3, ch. 79-259; s. 2, ch. 85-265.
FL Stat § 420.424 (2021)
2021 Florida Statutes|Title XXX - Social Welfare|Chapter 420 - Housing|Part IV - Neighborhood Housing Rehabilitation Programs (Ss. 420.421-420.429)|420.424 - Definitions.

420.424 Definitions.—As used in ss. 420.421-420.429:(1) “Department” means the Department of Economic Opportunity.(2) “Local government” means any county or incorporated municipality within this state.(3) “Neighborhood housing services corporation” means a private, nonprofit, community-based corporation organized under the laws of this state to develop and administer local neighborhood housing services.(4) “Neighborhood housing services project” means a program developed by the Neighborhood Reinvestment Corporation and implemented locally by neighborhood housing services corporations to stimulate reinvestment in a defined neighborhood.(5) “Neighborhood Reinvestment Corporation” means a corporation or its successor sponsored by the United States Department of Housing and Urban Development, the Federal Home Loan Bank Board, the Office of the Comptroller of the Currency, the Federal Reserve, the Federal Deposit Insurance Corporation, and the National Credit Union Administration for the purpose of creating a partnership between the private sector, government, and citizens to undertake the rehabilitation and revitalization of declining residential neighborhoods.(6) “Rehabilitation” means the repair, renovation, reconstruction, or other improvement of housing to restore that housing to a sound condition or to ensure that the housing can be maintained in that condition or to improve the general utility and attractiveness of such housing.History.—s. 4, ch. 79-259; s. 47, ch. 81-167; s. 50, ch. 83-55; s. 3, ch. 85-265; s. 51, ch. 93-120; s. 328, ch. 2011-142.
FL Stat § 420.426 (2021)
2021 Florida Statutes|Title XXX - Social Welfare|Chapter 420 - Housing|Part IV - Neighborhood Housing Rehabilitation Programs (Ss. 420.421-420.429)|420.426 - Eligible applicants.

420.426 Eligible applicants.—To receive a grant, an applicant must:(1) Be a local government within this state;(2) Be able to demonstrate a clear need for the financial assistance made available through ss. 420.421-420.429; and(3) Be certified by the Neighborhood Reinvestment Corporation as a participant.History.—s. 6, ch. 79-259; s. 4, ch. 85-265.
FL Stat § 420.427 (2021)
2021 Florida Statutes|Title XXX - Social Welfare|Chapter 420 - Housing|Part IV - Neighborhood Housing Rehabilitation Programs (Ss. 420.421-420.429)|420.427 - Project eligibility.

420.427 Project eligibility.—(1) Grants may be provided to local governments for:(a) A newly incorporated neighborhood housing services corporation project;(b) An expansion of an existing neighborhood housing services corporation project to include new geographical areas; and(c) A continuation of an existing neighborhood housing services corporation project, but only if at least one-third of the total operating budget for the grant year is funded by the private sector.(2) Each individual project of a local government having one or more projects within its jurisdiction is eligible for funding.(3) In no case shall more than $150,000 be granted to a local government for projects within its jurisdiction within a 12-month period.History.—ss. 8, 9, ch. 79-259; s. 5, ch. 85-265.
FL Stat § 420.428 (2021)
2021 Florida Statutes|Title XXX - Social Welfare|Chapter 420 - Housing|Part IV - Neighborhood Housing Rehabilitation Programs (Ss. 420.421-420.429)|420.428 - Eligible activities.

420.428 Eligible activities.—Grant recipients may use grant funds made available pursuant to ss. 420.421-420.429 to:(1) Pay the Neighborhood Reinvestment Corporation for the fee charged to develop a neighborhood housing services corporation, which fee, if refunded, may be used for any eligible activity;(2) Fund the operation of a neighborhood housing services corporation by payment of salaries and other administrative expenses, as approved by the department; and(3) Fund a revolving high-risk loan fund which is administered by a neighborhood housing services corporation to finance the rehabilitation of property in the corporation’s targeted area.History.—s. 7, ch. 79-259; s. 6, ch. 85-265.
FL Stat § 420.429 (2021)
2021 Florida Statutes|Title XXX - Social Welfare|Chapter 420 - Housing|Part IV - Neighborhood Housing Rehabilitation Programs (Ss. 420.421-420.429)|420.429 - Authority of the department.

420.429 Authority of the department.—The department shall have all the powers necessary to carry out the purposes and provisions of ss. 420.421-420.429. The department may:(1) Make contracts and agreements with the Federal Government, other agencies of the state, any other public agency, or any other person, association, corporation, local government, or other entity in exercising its powers and performing its duties under ss. 420.421-420.429.(2) Seek and accept funding from any public or private source.(3) Adopt and enforce rules not inconsistent with ss. 420.421-420.429 for the administration of the Neighborhood Housing Services Grant Program.(4) Assist in training employees of local governments and local agencies to help achieve and increase their capacity to administer community conservation programs and provide technical assistance and advice to local governments and local agencies involved with neighborhood housing services programs.History.—s. 10, ch. 79-259; s. 53, ch. 93-120.
FL Stat § 420.501 (2021)
2021 Florida Statutes|Title XXX - Social Welfare|Chapter 420 - Housing|Part V - Florida Housing Finance Corporation (Ss. 420.501-420.55)|420.501 - Short title.

420.501 Short title.—This act may be cited as the “Florida Housing Finance Corporation Act.”History.—s. 1, ch. 80-161; s. 4, ch. 97-167.
FL Stat § 420.505 (2021)
2021 Florida Statutes|Title XXX - Social Welfare|Chapter 420 - Housing|Part V - Florida Housing Finance Corporation (Ss. 420.501-420.55)|420.505 - Meetings; quorum; voting.

420.505 Meetings; quorum; voting.—The powers of the corporation shall be vested in the members of its board of directors in office from time to time. Five members of the board shall constitute a quorum for the purpose of conducting its business and exercising its powers and for all other purposes. Action may be taken by the board upon an affirmative vote of a majority of the members present, provided that no action shall be taken by an affirmative vote of less than four members.History.—s. 1, ch. 80-161; s. 8, ch. 97-167.
FL Stat § 420.506 (2021)
2021 Florida Statutes|Title XXX - Social Welfare|Chapter 420 - Housing|Part V - Florida Housing Finance Corporation (Ss. 420.501-420.55)|420.506 - Executive director; agents and employees; inspector general.

420.506 Executive director; agents and employees; inspector general.—(1) The appointment and removal of an executive director shall be by the Secretary of Economic Opportunity, with the advice and consent of the corporation’s board of directors. The executive director shall employ legal and technical experts and such other agents and employees, permanent and temporary, as the corporation may require, and shall communicate with and provide information to the Legislature with respect to the corporation’s activities. Notwithstanding s. 216.262, the board may develop and implement rules regarding the employment of employees of the corporation and service providers, including legal counsel. The board is entitled to establish travel procedures and guidelines for employees of the corporation, subject to s. 112.061(6) and (7). The executive director’s office and the corporation’s files and records must be located in Leon County.(2)(a) The appointment and removal of an inspector general shall be by the executive director, with the advice and consent of the corporation’s board of directors. The corporation’s inspector general shall perform for the corporation the functions set forth in s. 20.055. The inspector general shall administratively report to the executive director. The inspector general shall meet the minimum qualifications as set forth in s. 20.055(4). The corporation may establish additional qualifications deemed necessary by the board of directors to meet the unique needs of the corporation. The inspector general shall be responsible for coordinating the responsibilities set forth in s. 420.0006.(b) Effective July 1, 2017, if the corporation enters into an employment agreement, or renewal or renegotiation of an existing contract or employment agreement with an inspector general or deputy inspector, the corporation may not offer a bonus on work performance in the contract or agreement and the awarding of such bonuses is prohibited.History.—s. 1, ch. 80-161; s. 49, ch. 81-167; s. 52, ch. 83-55; s. 9, ch. 97-167; s. 58, ch. 2001-62; s. 11, ch. 2007-198; s. 331, ch. 2011-142; s. 10, ch. 2011-189; s. 10, ch. 2013-83; s. 2, ch. 2017-49; s. 43, ch. 2021-25.