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Find similar grantsFlorida Home Investment Partnerships Program (HOME) - Rental is sponsored by Florida Housing Finance Corporation. This program provides non-amortized, low-interest loans to developers for the acquisition, new construction, or rehabilitation of affordable rental housing for low-income families.
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[](https://www. floridahousing. org/home "Florida Housing Finance Corporation")[](https://www.
floridahousing. org/home "Florida Housing Finance Corporation") * [](https://www. floridahousing.
org/ "Home") * About Florida Housing Overview * Board Meeting Agendas and Information * Audited Financial Statements * Long Range Program Plan * Quarterly Performance Measure Reports * Public Records Requests * Public Meeting Notices and Events * Municipal Advisor Notice * Affordable Housing Workgroup * Universal Application Proceedings * Procurement & Contracts * Procurement & Contracts Overview * Credit Underwriting, Loan Servicing and Compliance Monitoring * Requests for Applications (Other Florida Housing Programs)) * Invitations to Negotiate * Request for Information * Request for Qualifications * Single Source Procurement * Public Records Requests * Multifamily Programs Overview * Competitive Funding Information Overview * RFA Submitted Applications * Elderly Housing Community Loan * Grants for Persons with Developmental Disabilities * HOME Investment Partnerships * Low Income Housing Tax Credits * Multifamily Mortgage Revenue Bonds * National Housing Trust Fund * State Apartment Incentive Loan * Multifamily Mapping Application * Lender and Real Estate Agent Locator * Mortgage Credit Certificate (FAQs)) * Top Performing Lenders and Contacts * Homeownership Pool (HOP) Program-program) * Current Homeowners Overview * Florida's Hardest-Hit Fund * Insurance Claim Check Endorsement Requests * Recapture Tax Reimbursement Plan * FloridaHousingSearch.
org * Preservation Opportunities * Special Needs Housing Overview * Housing Stability for Schoolchildren Program * Florida Assessment of Housing for Homeless and Special Needs Populations * Education, Training & Technical Assistance * Universal Design & Accessibility in Housing * Home Investment Partnerships Program (HOME) from the American Rescue Plan Act (HOME-ARP)-from-the-american-rescue-plan-act-(home-arp)) * Special Programs Overview * Predevelopment Loan Program * SHIP - State Housing Initiatives Partnership Program * SHIP - State Housing Initiatives Partnership Program Overview * Disaster Relief Resources and Information * Local Government Information * Current Local Housing Assistance Plans (LHAP) * Homeownership Development * Live Local Act Overview * Live Local Program Tax Credit * Multifamily Middle Market Certification * Hometown Heroes Program * Additional SAIL-like Funds * Data , Docs & Reports Overview * Board Meeting Agendas and Packages * Audited Financial Statements * Municipal Advisor Notice * Long Range Program Plan * Public Records Requests * Government Relations Contact * Public Records Requests * Submit Public Inquiries The HOME Investment Partnerships Program provides non-amortized, low interest loans to developers for acquisition and/or new construction or rehabilitation of affordable rental housing to low income families.
Loans are offered for the financing of first or subordinate mortgages with a simple interest rate of zero percent to nonprofit applicants and 1. 5% per annum interest rate to for-profit applicants. Loan terms are generally for 15 years for rehabilitation and 20 years for new construction.
The borrowers of HOME funds are for-profit developers, nonprofit housing providers, Community Housing Development Organizations (CHDOs) or local governments, redevelopment organizations or public housing authorities.
Twenty percent of the HOME-assisted units are occupied by families whose annual incomes do not exceed 50 percent of the median family income for the area; and the balance of HOME-assisted units must be occupied by families whose annual incomes do not exceed 60 percent of the median family income for the area. All HOME loans must comply with 24 CFR, Part 92 and applicable federal requirements, including federal labor standards.
Eligible applicants should apply for funding through Florida Housing's Request for Applications (RFA) process process")or contact our office for further information. This program is governed by Rule 67-48 of the Florida Administrative Code.
2018 HOME Workshop - Orlando * Affordable Housing Study Commission * Property Owners & Managers * Requests for Applications * Report Fraud Waste or Abuse **Florida Housing Finance Corporation** 227 N. Bronough Street, Suite 5000 Tallahassee, Florida 32301 [](https://www. instagram.
com/fl_housing/ "Instagram")[](https://twitter. com/Florida_Housing "Twitter")[](https://www. linkedin.
com/company/florida-housing-finance-corporation/ "LinkedIn")[](https://www. facebook. com/floridahousing/ "Facebook")
According to the current listing, eligibility includes: Developers for the acquisition, new construction, or rehabilitation of affordable rental housing. Confirm the full requirements in the official notice before applying.
Florida Home Investment Partnerships Program (HOME) - Rental is funded by Florida Housing Finance Corporation. Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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