Bill Amendment: FL S2500 | 2015 | Regular Session
NOTE: For additional amemendments please see the Bill Drafting List
Bill Title: Appropriations
Status: 2015-05-01 - Died in returning Messages [S2500 Detail]
Download: Florida-2015-S2500-House_Floor_Amendment_995047.html
Bill Title: Appropriations
Status: 2015-05-01 - Died in returning Messages [S2500 Detail]
Download: Florida-2015-S2500-House_Floor_Amendment_995047.html
995047 GENERAL APPROPRIATIONS BILL Committee Amendment SB2500 ATD 19 Senator(s)Bullard moved the following amendment:Section: 06 EXPLANATION: On Page: 279 Allocates $5 million from the Local Government Housing Trust Fund to fund construction or Spec App: 2240 rehabilitation of affordable workforce housing units for essential services personnel in the Florida Keys. NET IMPACT ON: Total Funds General Revenue Trust Funds Recurring - 0 0 0 Non-Recurring - 0 0 0 ______________________________________________________________________________________ Positions & Amount Positions & Amount DELETE INSERT ECONOMIC OPPORTUNITY, DEPARTMENT OF Program: Community Development Florida Housing Finance Corporation 40300600 In Section 06 On Page 279 2240 Special Categories 105035 Grants And Aids - Housing Finance Corporation (Hfc) - Affordable Housing Programs IOED 2250 Local Government Housing Trust 26,400,000 26,400,000 Fund CA 0 At the end of existing proviso language, following Specific Appropriation 2240, INSERT: From the funds in Specific Appropriation 2240, $5,000,000 is provided to fund the construction or rehabilitation of affordable housing units for essential services personnel in the Florida Keys. Essential services personnel include but are not limited to teachers, police and fire personnel, health care personnel, skilled building trades and tourism personnel and other public or private job categories who derive at least 70 percent of their income from employment in the Florida Keys Area of critical state concern. The Florida Housing Finance Corporation, as designated lead agency, is authorized to provide Florida Keys Area of995047 Log:0030 KSP/KSP 03/30/15 08:47:30 PM Senate Page: 1 critical state concern Workforce Housing Loans to a qualified developer or developers for construction or rehabilitation of workforce housing consistent with the local government's housing assistance plan. Any project deemed eligible shall be subject to a low interest loan of up to 50 percent of the total project cost, including land, provided that the minimum loan amount is $1,000,000. This funding is intended to be matched with other public and private sector resources.995047 Log:0030 KSP/KSP 03/30/15 08:47:30 PM Senate Page: 2