Fla. Stat. § 420.0001
Short title
This part may be cited as the “State Housing Strategy Act.”
Florida Statutes Chapter 420 — HOUSING
Florida · statute · Fla. Stat. ch. 420 · 98 active provisions
Fla. Stat. § 420.0002
Legislative findings
The Legislature finds that:(1) With cutbacks in federal assistance for housing programs, the projected population growth of the state, and the impact of the 1986 Tax Reform Act, Florida is experiencing a critical affordable housing shortage.(2) The failure of the state to commit sufficient resources to address the seve…
Fla. Stat. § 420.0003
State housing strategy
(1) LEGISLATIVE INTENT.—It is the intent of this act to articulate a state housing strategy that will carry the state toward the goal of ensuring that each Floridian has safe, decent, and affordable housing. This strategy must involve state and local governments working in partnership with communities and the private s…
Fla. Stat. § 420.0004
Definitions
As used in this part, unless the context otherwise indicates:(1) “Adjusted for family size” means adjusted in a manner which results in an income eligibility level which is lower for households with fewer than four people, or higher for households with more than four people, than the base income eligibility determined…
Fla. Stat. § 420.0005
State Housing Trust Fund; State Housing Fund
There is established in the State Treasury a separate trust fund to be named the “State Housing Trust Fund.” There shall be deposited in the fund all moneys appropriated by the Legislature, or moneys received from any other source, for the purpose of this chapter, and all proceeds derived from the use of such moneys. T…
Fla. Stat. § 420.0006
Authority to contract with corporation; contract requirements; nonperformance
The Secretary of Commerce shall contract, notwithstanding part I of chapter 287, with the Florida Housing Finance Corporation on a multiyear basis to stimulate, provide, and foster affordable housing in the state. The contract must incorporate the performance measures required by s. 420.511 and be consistent with the c…
Fla. Stat. § 420.101
Housing Development Corporation of Florida; creation, membership, and purposes
(1) Twenty-five or more persons, a majority of whom shall be residents of this state, who may desire to create a housing development corporation under the provisions of this part for the purpose of promoting and developing housing and advancing the prosperity and economic welfare of the state and, to that end, to exerc…
Fla. Stat. § 420.102
Definitions
As used in this part, the following words and terms have the following meanings unless the context indicates another or different meaning or intent:(1) “Board of directors” means the board of directors of the corporation created pursuant to this part.(2) “Consortium” means two or more mortgagees who jointly negotiate a…
Fla. Stat. § 420.111
Housing Development Corporation of Florida; additional powers
In furtherance of its purposes and in addition to the powers now or hereafter conferred on business corporations by part I of chapter 607, the corporation shall, subject to the restrictions and limitations contained in this section, have the following powers:(1) To elect, appoint, and employ officers, agents and employ…
Fla. Stat. § 420.112
Authorization for certain relationships
Notwithstanding any rule at common law or any provision of any general or special law or any provision in their respective charters, agreements of association, articles of organization, or trust indentures:(1) All persons, including all domestic corporations organized for the purpose of carrying on business within this…
Fla. Stat. § 420.123
Stockholders; loan requirement
(1) Any financial institution may request membership in the corporation by making application to the board of directors on such form and in such manner as the board of directors may require, and membership shall become effective upon acceptance of the application in the manner designated by the board. Each member stock…
Fla. Stat. § 420.124
Stockholders; powers
The stockholders of the corporation shall have the following powers of the corporation:(1) To make, amend, and repeal bylaws.(2) To amend the charter as provided in s. 420.131.(3) To dissolve the corporation as provided in s. 420.161.(4) To do all things necessary or desirable to secure aid, assistance, loans, and othe…
Fla. Stat. § 420.131
Articles of incorporation; method of amending
(1) The articles of incorporation may be amended by the vote of the stockholders of the corporation, and such amendments shall require approval by the affirmative vote of two-thirds of the votes to which the stockholders shall be entitled. However, no amendment of the articles of incorporation which is inconsistent wit…
Fla. Stat. § 420.141
Housing Development Corporation of Florida; deposits and examination
(1) The corporation shall not deposit any of its funds in any financial institution unless such institution has been designated as a depository by the vote of the majority of the directors present at an authorized meeting of the board of directors, exclusive of any director who is an officer or director of the deposito…
Fla. Stat. § 420.161
Housing Development Corporation of Florida; period of existence; method of dissolution
(1) The period of duration of the corporation shall be perpetual, subject, however, to the right of the stockholders and the members to dissolve the corporation as provided in subsection (2).(2) The corporation may, upon the affirmative vote of two-thirds of the votes to which the stockholders are entitled, dissolve th…
Fla. Stat. § 420.171
Housing Development Corporation of Florida; tax privileges and fiscal year
(1) Any tax exemptions, tax credits, or tax privileges granted to banks, savings and loan associations, and trust companies by the general laws of the state are granted to the corporation organized pursuant to this chapter.(2) The corporation organized under this chapter shall adopt the calendar year as its fiscal year…
Fla. Stat. § 420.36
Low-income Emergency Home Repair Program
There is established within the Department of Commerce the Low-income Emergency Home Repair Program to assist low-income persons, especially the elderly and physically disabled, in making emergency repairs which directly affect their health and safety.(1) As used in this section, the term:(a) “Grantee” means a local pu…
Fla. Stat. § 420.421
Short title
Sections 420.421-420.429 may be cited as the “Neighborhood Housing Services Act.”
Fla. Stat. § 420.422
Legislative findings
The Legislature finds that:(1) A substantial number of housing units in this state are in deteriorating condition, many residents are living in dwelling units which do not conform to applicable local codes and ordinances that are intended to ensure the health and safety of the occupants, and this condition impedes the…
Fla. Stat. § 420.423
Policy and purpose
It is the policy of this state to provide a necessary means to prevent the deterioration of housing, the decline of neighborhoods and surrounding areas, and the inefficient use of energy and environmental resources associated with such deterioration and decline. The purpose of ss. 420.421-420.429 is to assist local gov…
Fla. Stat. § 420.424
Definitions
As used in ss. 420.421-420.429:(1) “Department” means the Department of Commerce.(2) “Local government” means any county or incorporated municipality within this state.(3) “Neighborhood housing services corporation” means a private, nonprofit, community-based corporation organized under the laws of this state to develo…
Fla. Stat. § 420.426
Eligible applicants
To receive a grant, an applicant must:(1) Be a local government within this state;(2) Be able to demonstrate a clear need for the financial assistance made available through ss. 420.421-420.429; and(3) Be certified by the Neighborhood Reinvestment Corporation as a participant.
Fla. Stat. § 420.427
Project eligibility
(1) Grants may be provided to local governments for:(a) A newly incorporated neighborhood housing services corporation project;(b) An expansion of an existing neighborhood housing services corporation project to include new geographical areas; and(c) A continuation of an existing neighborhood housing services corporati…
Fla. Stat. § 420.428
Eligible activities
Grant recipients may use grant funds made available pursuant to ss. 420.421-420.429 to:(1) Pay the Neighborhood Reinvestment Corporation for the fee charged to develop a neighborhood housing services corporation, which fee, if refunded, may be used for any eligible activity;(2) Fund the operation of a neighborhood hous…
Fla. Stat. § 420.429
Authority of the department
The department shall have all the powers necessary to carry out the purposes and provisions of ss. 420.421-420.429. The department may:(1) Make contracts and agreements with the Federal Government, other agencies of the state, any other public agency, or any other person, association, corporation, local government, or…
Page 1 of 4Next →