997561
GENERAL APPROPRIATIONS BILL
SB2800
Senator(s) Baker moved the following LATE FILED amendment:
Section: 05
On Page: 220
Spec App: 1695
| EXPLANATION:
Earmarks $1,000,000 from the State Housing
Initiatives Partnership (SHIP) Program for the
Teachers' Down Payment Assistance Pilot project.
|
NET IMPACT ON: Total Funds General Revenue Trust Funds
Recurring - 0 0 0
Non-Recurring - 0 0 0
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Positions & Amounts Positions & Amounts
DELETE INSERT
COMMUNITY AFFAIRS, DEPARTMENT OF
Program: Florida Housing Finance
Corporation
Affordable Housing Financing 52980100
In Section 05 On Page 220
1695 Special Categories 105045
Grants And Aids - Housing Finance
Corporation (Hfc) - State Housing
Initiatives Partnership (Ship) Program IOED
Immediately following Specific Appropriation 1695, INSERT:
From the non-recurring funds in Specific Appropriation 1695, $1,000,000
shall be used for the Teachers' Down Payment Assistance Pilot Project.
In order to assist in the recruitment and retention of teachers, the
following shall be included in the local housing assistance plan:
(a) Down payment assistance shall be provided to eligible persons who
meet the following criteria, in addition to other requirements of the
plan:
1. The person shall be employed full time as a K-12 classroom teacher in
this state;
2. The person shall be state certified in a critical need area of
exceptional student education, mathematics, or science;
3. The person shall declare his or her homestead and maintain residency
at his or her homestead;
997561 Log:0070 SEC/SEC 04/10/07 04:41:59 PM Senate Page: 1
4. The person shall be employed in a full time, permanent capacity;
5. The person shall demonstrate a 5-year minimum commitment to continued
employment as a K-12 classroom teacher in a school within the county of
current employment.
(b) Compliance with the employment eligibility criteria shall be
verified during the life of the loan by the school district in which the
teacher is employed.
(c) The program shall provide $4,000 as down payment assistance if the
city, county, or appropriate governmental subdivision or agency within
which an eligible recipient is employed and resides waives all impact
fees that occur incidental to the recipient's home purchase.
(d) Any lien on the recipient's property securing the assistance
provided under this program shall be released if the recipient fulfills
the 5-year commitment.
| Line item amendments are accepted as part of the amendatory process. However, due to the necessity of using computerized systems this may entail a different placement within a budget entity or the renumbering of the specific appropriation items. Items printed in italics are computer codes and are not a part of the official text of this amendment. |
997561 Log:0070 SEC/SEC 04/10/07 04:41:59 PM Senate Page: 2