GENERAL APPROPRIATIONS BILL                          Committee       Amendment
SB2500                                                  ATD              19

Senator(s) Bullard moved the following amendment:

Section: 06              EXPLANATION:

On Page: 279             Allocates $5 million from the Local Government 
                         Housing Trust Fund to fund construction or 
Spec App: 2240           rehabilitation of affordable workforce housing units 
                         for essential services personnel in the Florida 

NET IMPACT ON:            Total Funds       General Revenue          Trust Funds
    Recurring -                    0                     0                    0 
Non-Recurring -                    0                     0                    0 

                                               Positions & Amount   Positions & Amount
                                                     DELETE         INSERT

        Program: Community Development
        Florida Housing Finance Corporation  40300600

        In Section 06  On Page 279
2240    Special Categories  105035
        Grants And Aids - Housing Finance                
        Corporation (Hfc) - Affordable Housing 
        Programs  IOED

   2250   Local Government Housing Trust          26,400,000     26,400,000
       CA 0  

At the end of existing proviso language, following Specific 
Appropriation 2240, INSERT:

From the funds in Specific Appropriation 2240, $5,000,000 is provided to 
fund the construction or rehabilitation of affordable housing units for 
essential services personnel in the Florida Keys. Essential services 
personnel include but are not limited to teachers, police and fire 
personnel, health care personnel, skilled building trades and tourism 
personnel and other public or private job categories who derive at least 
70 percent of their income from employment in the Florida Keys Area of 
critical state concern. The Florida Housing Finance Corporation, as 
designated lead agency, is authorized to provide Florida Keys Area of 

 995047  Log:0030  KSP/KSP           03/30/15 08:47:30 PM  Senate  Page: 1
critical state concern Workforce Housing Loans to a qualified developer 
or developers for construction or rehabilitation of workforce housing 
consistent with the local government's housing assistance plan. Any 
project deemed eligible shall be subject to a low interest loan of up to 
50 percent of the total project cost, including land, provided that the 
minimum loan amount is $1,000,000. This funding is intended to be 
matched with other public and private sector resources.

 995047  Log:0030  KSP/KSP           03/30/15 08:47:30 PM  Senate  Page: 2