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Predevelopment Loan Program is sponsored by Florida Housing Finance Corporation. Through individualized technical assistance and flexible below market interest financing for predevelopment activities, the Predevelopment Loan Program (PLP) helps nonprofit and community-based organizations, local governments, and public housing authorities plan, finance, and develop affordable permanent housing.
Funds may be used for costs such as rezoning, soil tests, engineering fees, title searches, appraisals, feasibility analysis, legal fees, audit fees, earnest money deposit, impact fees, insurance fees, commitment fees, administrative costs, marketing expenses and acquisition expenses.
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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 Predevelopment Loan Program Through individualized technical assistance and flexible below market interest financing for predevelopment activities, the Predevelopment Loan Program (PLP) helps nonprofit and community-based organizations, local governments, and public housing authorities plan, finance, and develop affordable housing.
Eligible organizations may apply for a loan of up to $750,000. The loan carries a non-amortizing 1% percent interest rate, with principal and interest deferred until maturity. The loan matures either upon the closing of construction/permanent financing or three years after the original PLP loan closed, whichever occurs first.
PLP funds may be used for costs such as rezoning, soil tests, engineering fees, title searches, appraisals, feasibility analysis, legal fees, audit fees, earnest money deposit, impact fees, insurance fees, commitment fees, administrative costs, marketing expenses and acquisition expenses. These activities must be part of a nonprofit or governmental organization's efforts to develop affordable.
* Predevelopment Loan Program Summary * PLP Online Application-Adobe Format * PLP Online Application-Word Format * PLP Estimated Budget Worksheet For more information contact: SpecialPrograms@floridahousing.
org Mail Completed Applications to: Florida Housing Finance Corporation 227 North Bronough Street, Suite 5000 Tallahassee, Florida 32301 * 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.
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According to the current listing, eligibility includes: Nonprofit and community-based organizations, local governments, and public housing authorities. Confirm the full requirements in the official notice before applying.
The current listing shows up to $750,000. Verify award ceilings, matching requirements, and allowable costs in the official notice.
Predevelopment Loan Program 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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