Non-Competitive Application (MMRB and/or Non-Competitive 4% HC) Application Process

NOTICE: Pursuant to Rule 67-21.003(5), F.A.C., for Applications requesting FHFC Issued MMRB only or FHFC Issued MMRB and Non-Competitive Housing Credits, the Corporation will offer Applicants the opportunity to enter Credit Underwriting based on the availability of State Bond Allocation.

Please be advised that due to current limited availability of State Bond Allocation, effective July 1, 2021, Florida Housing is placing a hold on the processing of all Non-Competitive Application Packages requesting FHFC Issued Bond Allocation.

Applications submitted for RFA 2021-205, SAIL Financing of Affordable Multifamily Housing Developments To Be Used in Conjunction With Tax Exempt Bonds and Non-Competitive Housing Credits, will still be permitted to request FHFC Issued Bond Allocation. Florida Housing anticipates resuming the processing of the Non-Competitive Application Packages requesting FHFC Issued Bond Allocation after the preliminary awards are determined for RFA 2021-205 no later than December of 2021.

The Non-Competitive Application Package will remain open for Applicants requesting Non-Competitive Housing Credits only.

Average Income Test
 
Questions may be directed to:
This Application is accessible to apply for the following:
  • Florida Housing-issued MMRB with or without Non-Competitive 4% Housing Credits
  • Non-Competitive 4% HC to be used for Tax-Exempt Bond-Financed Developments where the bonds are issued by a County Housing Finance Authority established pursuant to Section 159.604, F.S.
  • Non-Competitive 4% HC to be used for Tax-Exempt Bond-Financed Developments where the bonds are issued by an entity other than Florida Housing or a County Housing Finance Authority established pursuant to Section 159.604, F.S.
Rule
Non-Competitive Application Package, (NCA Rev. 03-2021)
 
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