The Florida Senate

290.039  Reporting requirements.--

(1)  Community development corporations which receive funds under the Community Development Support and Assistance Program shall provide the following information to the department annually:

(a)  A listing of business firms and individuals assisted by the community development corporation during the reporting period.

(b)  A listing of the type, source, purpose, and amount of each individual grant, loan, or donation received by the community development corporation during the reporting period.

(c)  The number of housing units rehabilitated or constructed by the community development corporation within the service area during the reporting period.

(d)  The number and amount of loans made to businesses or individual entrepreneurs in the service area during the reporting period.

(e)  The number of outstanding loans made to businesses or individuals in the service area by the community development corporation, the balance of the loans, and the payment history of the borrowers during the reporting period.

(f)  The amount of assets and liabilities and the fund balance for the community development corporation at the beginning and end of the reporting period.

(g)  The number of jobs, both permanent and temporary, received by individuals who were directly assisted by the community development corporation through assistance to the business such as a loan or other credit assistance.

(h)  The number of paid and voluntary positions within the community development corporation.

(i)  A listing of the salaries and administrative expenses of the community development corporation.

(j)  The number and description of projects attempted, the number and description of projects completed, and a written explanation of the reasons causing projects not to be completed.

(k)  An identification and explanation of changes to the service area boundaries.

(l)  Such other information as the department may require.

(2)  The department shall submit an annual report to the Speaker of the House of Representatives and President of the Senate which contains the cumulative data submitted by the individual community development corporations pursuant to subsection (1). The report shall be submitted by January 1 of each year.

(3)  This section shall stand repealed on June 30, 1998.

History.--s. 17, ch. 91-262; s. 34, ch. 93-120.