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2023 Florida Statutes
Title XXX - Social Welfare
Chapter 420 - Housing
Part VI - Affordable Housing; Coalitions for Homeless; Family Emergency Assistance (Ss. 420.601-420.635)
420.635 - Loans to qualified buyers.

Universal Citation:
FL Stat § 420.635 (2023)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.
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420.635 Loans to qualified buyers.—Contingent upon an appropriation, the Department of Economic Opportunity, in consultation with the Office of Urban Opportunity, shall provide loans to qualified buyers who are required to pay the pro rata portion of the bonded debt on single-family housing pursuant to s. 420.634. Loans provided under this section shall be made at a rate of interest which does not exceed the qualified loan rate. A buyer must maintain the qualifications specified in s. 420.633 for the full term of the loan. The loan agreement may contain additional terms and conditions as determined by the department.

History.—s. 23, ch. 99-378; s. 338, ch. 2011-142.

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