This program will make the dream of homeownership a reality for hundreds of Florida families," said Mark Kaplan, FHFC
In an effort to prevent further claims on the portfolio, FHFC
has implemented a program to provide assistance to multifamily properties within the portfolio.
maintains the ability to remove funds from the program if the asset parity requirement of 102% is met.
Florida Secretary of the Department of Community Affairs and board member of FHFC
Steve Seibert reiterated O'Brien's comments and added, "Florida Housing is enthusiastic about the opportunities presented to Floridians through the current First-Time Homebuyers Program.
Of the 30 developments that received SMI funding, 14 have subsequently been supported by the second program implemented by FHFC
, State Apartment Incentive Loan for Extremely Low Income households (SAIL ELI) financing.
The master trust indenture adopted by FHFC
in 1995 establishes the bonds' security lien, new issuance requirements, flow of funds, and minimal loan requirements.
dug deep to secure a 5-4 win in the Tuesday Prem against King Harry and there were also wins for Swifty's and Blackbeards delight in the Tuesday league.
In the Tuesday league FHFC
look the team to beat after smashing Memunchies 20-3 to move clear at the top of the league but The King Harry matched them with a 20-8 win to keep goal difference close.
wants affordable housing residents to live in healthy, comfortable, durable and affordable homes.
The current offering is the 40th sale of bonds issued under a flexible master trust indenture adopted by FHFC
In an effort to prevent further claims on the portfolio, the FHFC
board authorized the corporation to provide limited debt service assistance to multifamily properties within the portfolio where necessary.
issued an additional $50 million of guarantee revenue bonds in September 1999, $75 million in October 2000, and $100 million in April 2002.