Tallahassee, Fla. – Trey Price, the Executive Director of the Florida Housing Finance Corporation (Florida Housing), issued an Emergency Rule to discourage rent increases at properties funded by Florida Housing during this public health emergency. Those who choose to implement rent increases that impact residents during this global pandemic could jeopardize opportunities for future Florida Housing funding.
“Florida Housing is doing everything legally possible to discourage rent increases from landlords that have received our resources,” said Trey Price, Executive Director of Florida Housing Finance Corporation. “We thank the overwhelming majority of landlords we work with who have not increased rents at this time and they can rest assured they will not see funding penalties.”
Last week Price released a statement strongly urging property owners and managers of properties funded by Florida Housing to suspend rent increases during the COVID-19 pandemic.
As Florida Housing continues to be committed to the health and well-being of all Floridians, we have compiled a list of resources with relevant information for homeowners, residents, developers, apartment owners, management companies, participating lenders, Realtors and SHIP administrators regarding COVID-19.
Find more information on the emergency order and Florida Housing’s response to COVID-19 by clicking here. For more information about Florida Housing Finance Corporation’s programs, please visit www.floridahousing.org.
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Florida Housing was created by the Legislature 40 years ago. We are the state’s housing finance agency (HFA) that administers state and federal resources to help provide affordable homeownership and rental housing options for the citizens of Florida.