Low-Income Housing Tax Credit & Supportive Housing in Florida, 2015

Florida’s 2015 Qualified Allocation Plan (QAP) and State Apartment Incentive Loan (SAIL) program Request for Proposals (RFPs) let supportive housing projects compete in special application cycles. 

Threshold Criteria

Five percent of the Allocation Authority will be reserved for affordable housing projects that target persons who have a disabling condition. Any Housing Credits not allocated because of a lack of eligible projects targeting persons who have a disabling condition shall be distributed for high-priority affordable housing projects.

Set-Asides

In 2015, Florida Housing Finance Corporation (FHFC) continued to offer multiple application rounds that have targeted scoring incentives toward different programs. Supportive housing is to be primarily built through the State Apartment Incentive Loan program (SAIL) in small developments.

Basis Boost

Florida Housing Finance Corporation (FHFC) will designate developments as a high-cost area through the authority given to FHFC by the Housing and Economic Recovery Act of 2008. The criteria for such designation will be that any Person with Special Needs Development or Homeless Development will be eligible for the 30% boost if that Development is not located in a HUD-designated Difficult to Develop Area (DDA) or Qualified Census Tract (QCT). 

Contributed By: 
CSH

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