2010 Florida Code
TITLE XXX SOCIAL WELFARE
Chapter 420 HOUSING
PART VII 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.
Disclaimer: These codes may not be the most recent version. Florida may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
