Florida Live Local Act Innovative Multifamily Programs
The Live Local Act Innovative Multifamily Programs provide a new recurring revenue stream of $150 million per year for affordable and workforce rental housing in Florida. Offered by Florida Housing Finance Corporation.
Key Facts
- Funder
- Florida Housing Finance Corporation
- Award amount
- Not specified by funder
- Deadline
- Rolling / not specified
- Geography
- Florida
- Categories
- Community Development
- Status
- Open
About This Grant
The Live Local Act Innovative Multifamily Programs provide a new recurring revenue stream of $150 million per year for affordable and workforce rental housing in Florida. The funds are administered by the Florida Housing Finance Corporation as loans covering 25% to 35% of total development costs for various multifamily projects. The program prioritizes developments that involve redevelopment, urban infill, mixed-use components, or housing near military installations. A portion of the funds is...
Full requirements and application instructions: official listing.
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