995011
Florida Senate - 2009
SB7072
The Committee on Ways and Means (Fasano) recommended the following
amendment:
Section: 05
On Page: 208
Spec App: 1570
| EXPLANATION:
Transfers $55 million from the Statewide Housing
Initiatives Partnership Program to the Florida
Homebuyer Opportunity Program.
|
NET IMPACT ON: Total Funds General Revenue Trust Funds
Recurring - 0 0 0
Non-Recurring - 0 0 0
______________________________________________________________________________________
Positions & Amounts Positions & Amounts
DELETE INSERT
COMMUNITY AFFAIRS, DEPARTMENT OF
Program: Florida Housing Finance
Corporation
Affordable Housing Financing 52980100
In Section 05 On Page 208
1570 Special Categories 105045
Grants And Aids - Housing Finance
Corporation (Hfc) - State Housing
Initiatives Partnership (Ship) Program IOED
2250 From Local Government Housing 55,051,550 0
Trust Fund
CA -55,051,550 FSI1 -55,051,550
DELETE the proviso immediately following Specific Appropriation 1570:
Funds in Specific Appropriation 1570 are provided for the State
Housing Initiatives Partnership program and shall be used to the fullest
extent possible to augment the federal First-Time Home Buyer Tax Credit
program authorized in the American Recovery and Reinvestment Act of
2009.
In Section 05 On Page 209
1571 Special Categories 105050
Housing Finance Corporation (Hfc) - State
Housing Initiatives Partnership (Ship)
995011 Log:0010 TDW/TDW 04/07/09 12:19:51 PM Senate Page: 1
Program - Monitoring IOED
2250 From Local Government Housing 138,670 0
Trust Fund
CA -138,670 FSI1 -138,670
In Section 05 On Page 208
1566A Special Categories 105035
Grants And Aids - Housing Finance
Corporation (Hfc) - Affordable Housing
Programs IOED
2255 From State Housing Trust Fund 55,190,220
CA 55,190,220 FSI1 55,190,220
Following Specific Appropriation 1566A, INSERT:
Funds in Specific Appropriation 1566A are provided to the Florida
Housing Finance Corporation for the Florida Homebuyer Opportunity
Program to assure the state of Florida derives the maximum possible
economic benefit from all federal homebuyer assistance programs by
providing loans to homebuyers in an amount equal to a homebuyer's
anticipated federal assistance.
| 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. |
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