§ 420.523, Fla. Stat. · Part V. FLORIDA HOUSING FINANCE CORPORATION
Purpose.
Text — 2026 Florida Statutes
The purpose of the Predevelopment Loan Program is to:
(1) Provide for financial and technical assistance to local governments, housing authorities, and not-for-profit organizations who will provide for the sponsorship of housing for the target population in the state, such housing to be financed by federal, state, local, or private resources.
(2) Ensure maximum leverage of federal, state, and local public funds and private resources in the construction and financing of housing for the target population.
(3) Create a Housing Predevelopment Fund to be used by eligible sponsors of housing.
Notes and commentary — not statutory text
History
s. 13, ch. 88-376; s. 2, ch. 93-181; s. 26, ch. 97-167.
Note
Note.—Former s. 420.305.
Source of truth
- Edition
- 2026 Florida Statutes
- Official file
- https://www.leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&URL=0400-0499/0420/0420.html
- Text hash
- sha256 80e3514466c808e1306b07ab95386437b8cafa0baeb92b20a20d43609335cebc
- Composed by
- compose_v2.py 2026-10-04: the Legislature's structured HTML read in document order; verify_v2.py's independent reading agrees character for character
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Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.