Florida Senate - 2018                        COMMITTEE AMENDMENT
       Bill No. SB 1328
       
       
       
       
       
       
                                Ì437732+Î437732                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  02/21/2018           .                                
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       Appropriations Subcommittee on Transportation, Tourism, and
       Economic Development (Perry) recommended the following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Delete everything after the enacting clause
    4  and insert:
    5         Section 1. Subsection (1) of section 125.379, Florida
    6  Statutes, is amended to read:
    7         125.379 Disposition of county property for affordable
    8  housing.—
    9         (1) Beginning July 1, 2018 By July 1, 2007, and every 3
   10  years thereafter, each county shall prepare an inventory list of
   11  all real property within its jurisdiction to which the county
   12  holds fee simple title that is appropriate for use as affordable
   13  housing. The real property must be evaluated on criteria that
   14  include environmental suitability for construction, site
   15  characteristics, current land use designation, current or
   16  anticipated zoning, inclusion in at least one special district,
   17  existing infrastructure, proximity to employment opportunities,
   18  proximity to public transportation, and proximity to existing
   19  services. The inventory list must include the address and legal
   20  description of each such real property and specify whether the
   21  property is vacant or improved. The governing body of the county
   22  must review the inventory list at a public hearing and may
   23  revise it at the conclusion of the public hearing. The governing
   24  body of the county shall adopt a resolution that includes an
   25  inventory list of such property following the public hearing.
   26         Section 2. Subsection (1) of section 166.0451, Florida
   27  Statutes, is amended to read:
   28         166.0451 Disposition of municipal property for affordable
   29  housing.—
   30         (1) Beginning July 1, 2018 By July 1, 2007, and every 3
   31  years thereafter, each municipality shall prepare an inventory
   32  list of all real property within its jurisdiction to which the
   33  municipality holds fee simple title that is appropriate for use
   34  as affordable housing. Such real property shall be evaluated on
   35  criteria that include the environmental suitability for
   36  construction, site characteristics, currently designated land
   37  use, current or anticipated zoning, inclusion in one or more
   38  special districts, existing infrastructure, proximity to
   39  employment opportunities, proximity to public transportation,
   40  and proximity to existing services. The inventory list must
   41  include the address and legal description of each such property
   42  and specify whether the property is vacant or improved. The
   43  governing body of the municipality must review the inventory
   44  list at a public hearing and may revise it at the conclusion of
   45  the public hearing. Following the public hearing, the governing
   46  body of the municipality shall adopt a resolution that includes
   47  an inventory list of such property.
   48         Section 3. Subsections (4) and (7) of section 253.0341,
   49  Florida Statutes, are amended to read:
   50         253.0341 Surplus of state-owned lands.—
   51         (4) Beginning July 1, 2018, and continuing every 3 years
   52  thereafter At least every 10 years, as a component of each land
   53  management plan or land use plan and in a form and manner
   54  adopted by rule of the board of trustees, each manager shall
   55  evaluate and indicate to the board of trustees those lands that
   56  are not being used for the purpose for which they were
   57  originally leased. For conservation lands, the Acquisition and
   58  Restoration Council shall review and recommend to the board of
   59  trustees whether such lands should be retained in public
   60  ownership or disposed of by the board of trustees. For
   61  nonconservation lands, the Division of State Lands shall review
   62  and recommend to the board of trustees whether such lands should
   63  be retained in public ownership or disposed of by the board of
   64  trustees.
   65         (7)(a)The board of trustees must first offer
   66  nonconservation surplus lands to the county and municipality
   67  where the land is located for use as affordable housing as
   68  identified by the Florida Housing Finance Corporation pursuant
   69  to s. 420.56. All surplus buildings or land not needed for
   70  affordable housing Before a building or parcel of land is
   71  offered for lease or sale to a local or federal unit of
   72  government or a private party, it shall first be offered for
   73  lease to state agencies, state universities, and Florida College
   74  System institutions, with priority consideration given to state
   75  universities and Florida College System institutions. If the
   76  surplus building or land is not used for affordable housing or
   77  leased by a state agency, state university, or Florida College
   78  System institution, then the board of trustees shall offer the
   79  building or parcel for lease or sale to a local or federal unit
   80  of government or a private party.
   81         (b) Within 60 days after the offer for lease of a surplus
   82  building or parcel, a state university or Florida College System
   83  institution that requests the lease must submit a plan for
   84  review and approval by the Board of Trustees of the Internal
   85  Improvement Trust Fund regarding the intended use, including
   86  future use, of the building or parcel of land before approval of
   87  a lease. Within 60 days after the offer for lease of a surplus
   88  building or parcel, a state agency that requests the lease of
   89  such facility or parcel must submit a plan for review and
   90  approval by the board of trustees regarding the intended use.
   91  The state agency plan must, at a minimum, include the proposed
   92  use of the facility or parcel, the estimated cost of renovation,
   93  a capital improvement plan for the building, evidence that the
   94  building or parcel meets an existing need that cannot otherwise
   95  be met, and other criteria developed by rule by the board of
   96  trustees. The board or its designee shall compare the estimated
   97  value of the building or parcel to any submitted business plan
   98  to determine if the lease or sale is in the best interest of the
   99  state. The board of trustees shall adopt rules pursuant to
  100  chapter 120 for the implementation of this section.
  101         Section 4. Subsection (3) is amended, and subsection (12)
  102  is added to section 337.25, Florida Statutes, to read:
  103         337.25 Acquisition, lease, and disposal of real and
  104  personal property.—
  105         (3) Beginning July 1, 2018, the department shall evaluate
  106  all of its land not within a transportation corridor or within
  107  the right-of-way of a transportation facility at least every 10
  108  years on a rotating basis to determine whether the property
  109  should be retained. The inventory of real property that was
  110  acquired by the state after December 31, 1988, that has been
  111  owned by the state for 10 or more years, and that is not within
  112  a transportation corridor or within the right-of-way of a
  113  transportation facility shall be evaluated to determine the
  114  necessity for retaining the property. If the property is not
  115  needed for the construction, operation, and maintenance of a
  116  transportation facility or is not located within a
  117  transportation corridor, the department may dispose of the
  118  property pursuant to subsection (4).
  119         (12)Except in a conveyance transacted under paragraphs
  120  (4)(a), (c), and (e), the department must first offer parcels of
  121  nonconservation surplus land to the county and municipality
  122  where the land is located for use as affordable housing as
  123  identified by the Florida Housing Finance Corporation pursuant
  124  to s. 420.56.
  125         Section 5. Subsection (1) is amended, and subsection (9) is
  126  added to section 373.089, Florida Statutes, to read:
  127         373.089 Sale or exchange of lands, or interests or rights
  128  in lands.—The governing board of the district may sell lands, or
  129  interests or rights in lands, to which the district has acquired
  130  title or to which it may hereafter acquire title in the
  131  following manner:
  132         (1) Beginning on July 1, 2018, the district shall review
  133  all lands and interests or rights in lands every 10 years on a
  134  rotating basis to determine whether the lands are still needed
  135  for the purpose for which they were acquired. Any lands, or
  136  interests or rights in lands, determined by the governing board
  137  to be surplus may be sold by the district, at any time, for the
  138  highest price obtainable; however, in no case shall the selling
  139  price be less than the appraised value of the lands, or
  140  interests or rights in lands, as determined by a certified
  141  appraisal obtained within 360 days before the effective date of
  142  a contract for sale.
  143         (9)The governing board must first offer nonconservation
  144  surplus lands to the county and municipality where the land is
  145  located for use as affordable housing as identified by the
  146  Florida Housing Finance Corporation pursuant to s. 420.56.
  147  Districts must only offer nonconservation surplus lands
  148  originally acquired using state funds.
  149  
  150  If the Board of Trustees of the Internal Improvement Trust Fund
  151  declines to accept title to the lands offered under this
  152  section, the land may be disposed of by the district under the
  153  provisions of this section.
  154         Section 6. Subsections (35) and (46) of section 420.507,
  155  Florida Statutes, are amended to read:
  156         420.507 Powers of the corporation.—The corporation shall
  157  have all the powers necessary or convenient to carry out and
  158  effectuate the purposes and provisions of this part, including
  159  the following powers which are in addition to all other powers
  160  granted by other provisions of this part:
  161         (35)(a) Upon a determination of good cause and after
  162  service of an administrative complaint and adequate notice, to
  163  take one or more of the following actions against any applicant
  164  or affiliate of an applicant:
  165         1. Preclude such applicant or affiliate from applying for
  166  funding from any corporation program for a specified period;
  167         2. Revoke any funding previously awarded by the corporation
  168  for any development for which construction or rehabilitation has
  169  not commenced; and
  170         3. Suspend any funding, credit underwriting procedures, or
  171  application review for any development for which construction or
  172  rehabilitation has not commenced from the time an administrative
  173  complaint is filed until a final order is issued in regard to
  174  that complaint.
  175         (b) For purposes of this subsection, the term “good cause
  176  means that the applicant or affiliate of an applicant:
  177         1. Has made a material misrepresentation or engaged in
  178  fraudulent actions in connection with any application for a
  179  corporation program;
  180         2. Has been convicted or found guilty of, or entered a plea
  181  of guilty or nolo contendere to, regardless of adjudication, a
  182  crime in any jurisdiction which directly relates to the
  183  financing, construction, or management of affordable housing or
  184  the fraudulent procurement of state or federal funds. The record
  185  of a conviction certified or authenticated in such form as to be
  186  admissible in evidence under the laws of the state shall be
  187  admissible as prima facie evidence of such guilt;
  188         3. Has been excluded from federal or state procurement
  189  programs for any reason; or
  190         4. Has offered or given consideration with respect to a
  191  local contribution in violation of corporation rules To preclude
  192  from further participation in any of the corporation’s programs,
  193  any applicant or affiliate of an applicant which has made a
  194  material misrepresentation or engaged in fraudulent actions in
  195  connection with any application for a corporation program.
  196         (46) To require, as a condition of financing a multifamily
  197  rental project, including allocating competitive low-income
  198  housing tax credits, that an agreement be recorded in the
  199  official records of the county where the real property is
  200  located, which requires that the project be used for housing
  201  defined as affordable in s. 420.0004(3) by persons defined in s.
  202  420.0004(9), (11), (12), and (17). The term of such agreement
  203  does not extend beyond that period of time required by 26 U.S.C.
  204  42(h)(6)(D)(ii)(II), unless the corporation affirms at the time
  205  of the initial credit underwriting that the project will remain
  206  economically feasible beyond such period. Such an agreement is a
  207  state land use regulation that limits the highest and best use
  208  of the property within the meaning of s. 193.011(2).
  209         Section 7. Paragraph (c) of subsection (6) of section
  210  420.5087, Florida Statutes, is amended to read:
  211         420.5087 State Apartment Incentive Loan Program.—There is
  212  hereby created the State Apartment Incentive Loan Program for
  213  the purpose of providing first, second, or other subordinated
  214  mortgage loans or loan guarantees to sponsors, including for
  215  profit, nonprofit, and public entities, to provide housing
  216  affordable to very-low-income persons.
  217         (6) On all state apartment incentive loans, except loans
  218  made to housing communities for the elderly to provide for
  219  lifesafety, building preservation, health, sanitation, or
  220  security-related repairs or improvements, the following
  221  provisions shall apply:
  222         (c) The corporation shall provide by rule for the
  223  establishment of a review committee for the competitive
  224  evaluation and selection of applications submitted in this
  225  program, including, but not limited to, the following criteria:
  226         1. Tenant income and demographic targeting objectives of
  227  the corporation.
  228         2. Targeting objectives of the corporation which will
  229  ensure an equitable distribution of loans between rural and
  230  urban areas.
  231         3. Sponsor’s agreement to reserve the units for persons or
  232  families who have incomes below 50 percent of the state or local
  233  median income, whichever is higher, for a time period that
  234  exceeds the minimum required by federal law or this part.
  235         4. Sponsor’s agreement to reserve more than:
  236         a. Twenty percent of the units in the project for persons
  237  or families who have incomes that do not exceed 50 percent of
  238  the state or local median income, whichever is higher; or
  239         b. Forty percent of the units in the project for persons or
  240  families who have incomes that do not exceed 60 percent of the
  241  state or local median income, whichever is higher, without
  242  requiring a greater amount of the loans as provided in this
  243  section.
  244         5. Provision for tenant counseling.
  245         6. Sponsor’s agreement to accept rental assistance
  246  certificates or vouchers as payment for rent.
  247         7. Projects requiring the least amount of a state apartment
  248  incentive loan compared to overall project cost, except that the
  249  share of the loan attributable to units serving extremely-low
  250  income persons must be excluded from this requirement.
  251         8. Local government contributions and local government
  252  comprehensive planning and activities that promote affordable
  253  housing, policies that promote access to public transportation,
  254  reduce the need for onsite parking, and expedite permits for
  255  affordable housing projects as provided in s. 553.7923.
  256         9. Project feasibility.
  257         10. Economic viability of the project.
  258         11. Commitment of first mortgage financing.
  259         12. Sponsor’s prior experience.
  260         13. Sponsor’s ability to proceed with construction.
  261         14. Projects that directly implement or assist welfare-to
  262  work transitioning.
  263         15. Projects that reserve units for extremely-low-income
  264  persons.
  265         16. Projects that include green building principles, storm
  266  resistant construction, or other elements that reduce long-term
  267  costs relating to maintenance, utilities, or insurance.
  268         17. Job-creation rate of the developer and general
  269  contractor, as provided in s. 420.507(47).
  270         Section 8. Section 420.56, Florida Statutes, is created to
  271  read:
  272         420.56Disposal of surplus lands for use as affordable
  273  housing.—
  274         (1)It is intent of the Legislature to make all surplus
  275  lands designated as nonconservation available for affordable
  276  housing before making the parcels available for purchase by
  277  other governmental entities or the public.
  278         (2)The Department of Environmental Protection acting on
  279  the behalf of the Board of Trustees of the Internal Improvement
  280  Trust Fund, the Department of Transportation, and each water
  281  management district shall notify the corporation when
  282  nonconservation land becomes available for surplus as part of
  283  the entity’s regular review of lands under the provisions of s.
  284  253.0341, s. 337.25, or s. 373.089 before making the parcel
  285  available for any other use, including for purchase by other
  286  governmental entities or the public. Water management districts
  287  must only identify nonconservation surplus lands originally
  288  acquired using state funds.
  289         (3)In consultation with the Department of Environmental
  290  Protection, the Department of Transportation, and the water
  291  management districts, the corporation must evaluate whether
  292  these surplus lands are suitable for affordable housing based on
  293  the property’s environmental suitability for construction;
  294  current and anticipated land use and zoning; inclusion in one or
  295  more special districts; existing infrastructure on the land,
  296  such as roads, water, sewer, and electricity; access to grocery
  297  stores within walking distance or by public transportation;
  298  access to employment opportunities within walking distance or by
  299  public transportation; access to public transportation within
  300  one half mile; and access to community services, such as public
  301  libraries, food kitchens, and employment centers.
  302         (4)If the corporation determines that the nonconservation
  303  surplus land is suitable for affordable housing, the entity
  304  seeking to dispose of the parcel must first offer the land to
  305  the county and municipality where the land is located, to be
  306  used for affordable housing, before the entity offers the land
  307  to other governmental entities or the public. If the county and
  308  municipality where the parcel is located do not wish to use the
  309  parcel for affordable housing, the entity may dispose of the
  310  parcel as otherwise provided by law or herein.
  311         (5)The Board of Trustees of the Internal Improvement Trust
  312  Fund, the Department of Transportation, and the water management
  313  districts may sell the parcels identified by the corporation for
  314  affordable housing for less than the appraised value to any
  315  party so long as the agency places an encumbrance on the parcels
  316  to ensure the purchaser uses the land for affordable housing for
  317  a period of not less than 99 years.
  318         (6)(a)The Board of Trustees of the Internal Improvement
  319  Trust Fund, the Department of Transportation, and the water
  320  management districts are exempt from the disposal procedures of
  321  ss. 253.0341(8) and (9), 337.25(4) and (7), 373.089(1), (2),
  322  (3), and (8) when disposing of nonconservation surplus lands
  323  under this section.
  324         (b)The sale price of land parcels disposed of pursuant to
  325  this section shall be determined by the entity disposing of the
  326  parcels. The Department of Transportation, the Board of Trustees
  327  of the Internal Improvement Trust Fund, and the water management
  328  districts must consider at least one appraisal of the property
  329  or, if the estimated value of the land is $500,000 or less, a
  330  comparable sales analysis or a broker’s opinion of value.
  331         Section 9. Section 420.57, Florida Statutes, is created to
  332  read:
  333         420.57Hurricane recovery programs.—
  334         (1)The Hurricane Housing Recovery Program is created to
  335  provide funds to local governments for affordable housing
  336  recovery efforts, similar to the State Housing Initiatives
  337  Partnership Program as set forth in ss. 420.907-420.9079.
  338  Subject to a specific appropriation as authorized by the General
  339  Appropriations Act, the Florida Housing Finance Corporation
  340  shall administer the program. Notwithstanding ss. 420.9072 and
  341  420.9073, the Florida Housing Finance Corporation shall allocate
  342  resources to local governments according to a need-based formula
  343  that reflects housing damage estimates and population impacts
  344  resulting from hurricanes. Eligible local governments must
  345  submit a strategy outlining proposed recovery actions, household
  346  income levels and number of residential units to be served, and
  347  funding requests. Program funds shall be used to serve
  348  households with incomes up to 120 percent of area median income,
  349  except that at least 30 percent of program funds should be
  350  reserved for households with incomes up to 50 percent of area
  351  median income and an additional 30 percent of program funds
  352  should be reserved for households with incomes up to 80 percent
  353  of area median income. Program funds shall be used as follows:
  354         (a)At least 65 percent of funds shall be used for
  355  homeownership.
  356         (b)Up to 15 percent of the funds may be used for
  357  administrative expenses to ensure expeditious use of funds.
  358         (c)Up to one-quarter of 1 percent may be used by the
  359  Florida Housing Finance Corporation for compliance monitoring.
  360         (2)Each participating local government shall submit to the
  361  Florida Housing Finance Corporation an annual report of its use
  362  of funds from the Hurricane Housing Recovery Program. The
  363  corporation shall compile the reports and submit them to the
  364  President of the Senate and the Speaker of the House of
  365  Representatives.
  366         (3)The Rental Recovery Loan Program is created to provide
  367  funds to build additional rental housing due to impacts to the
  368  affordable housing stock and changes to the population resulting
  369  from hurricanes. The program is intended to allow the state to
  370  leverage additional federal rental financing similar to the
  371  State Apartment Incentive Loan Program as described in s.
  372  420.5087 and is subject to a specific appropriation in the
  373  General Appropriations Act.
  374         (4)The Florida Housing Finance Corporation may adopt rules
  375  to administer this section.
  376         Section 10. The Florida Housing Finance Corporation may
  377  adopt emergency rules pursuant to s. 120.54, Florida Statutes,
  378  to implement s. 420.57, Florida Statutes. The Legislature finds
  379  that emergency rules adopted to implement this section meet the
  380  health, safety, and welfare requirements of s. 120.54(4),
  381  Florida Statutes. The Legislature also finds that such emergency
  382  rulemaking is necessary to preserve the rights and welfare of
  383  the people and to provide additional funds to assist those areas
  384  of the state that sustained impacts to available affordable
  385  housing stock due to recent hurricanes. Therefore, in adopting
  386  such emergency rules, the corporation is not required to make
  387  the findings required by s. 120.54(4)(a), Florida Statutes.
  388  Emergency rules adopted under this section are exempt from s.
  389  120.54(4)(c), Florida Statutes. The emergency rules shall remain
  390  in effect for 6 months after adoption and may be renewed during
  391  the pendency of procedures to adopt rules addressing the subject
  392  of the emergency rules.
  393         Section 11. Subsection (16) of section 420.9071, Florida
  394  Statutes, is amended to read:
  395         420.9071 Definitions.—As used in ss. 420.907-420.9079, the
  396  term:
  397         (16) “Local housing incentive strategies” means local
  398  regulatory reform or incentive programs to encourage or
  399  facilitate affordable housing production, which include, at a
  400  minimum, expediting development permits as defined in s.
  401  163.3164(16), construction permits, and certificates of
  402  occupancy for affordable housing projects as provided in s.
  403  553.7923 assurance that permits for affordable housing projects
  404  are expedited to a greater degree than other projects, as
  405  provided in s. 163.3177(6)(f)3.; an ongoing process for review
  406  of local policies, ordinances, regulations, and plan provisions
  407  that increase the cost of housing prior to their adoption; and a
  408  schedule for implementing the incentive strategies. Local
  409  housing incentive strategies may also include other regulatory
  410  reforms, such as those enumerated in s. 420.9076 or those
  411  recommended by the affordable housing advisory committee in its
  412  triennial evaluation of the implementation of affordable housing
  413  incentives, and adopted by the local governing body.
  414         Section 12. Section 553.7923, Florida Statutes, is created
  415  to read:
  416         553.7923Local Permit Approval Process for Affordable
  417  Housing.—
  418         (1)A local government has 15 days after the date it
  419  receives an application for a development permit, construction
  420  permit, or certificate of occupancy for affordable housing to
  421  examine the application and notify the applicant of any apparent
  422  errors or omissions and request any additional information the
  423  local government is permitted by law to require.
  424         (2)If a local government does not request additional
  425  information within the required time, the local government may
  426  not deny a development permit, construction permit, or
  427  certificate of occupancy for affordable housing if the applicant
  428  has failed to correct an error or omission or to supply
  429  additional information.
  430         (3)The local government may require any additional
  431  requested information to be submitted no later than 10 days
  432  after the date of the notice specified in subsection (1).
  433         (4)For good cause shown, the local government shall grant
  434  a request for an extension of time for submitting the additional
  435  information.
  436         (5)An application is complete upon receipt of all
  437  requested information and the correction of any error or
  438  omission for which the applicant was timely notified or when the
  439  time for notification has expired.
  440         (6)The local government must approve or deny an
  441  application for a development permit, construction permit, or
  442  certificate of occupancy for affordable housing within 60 days
  443  after receipt of a completed application unless a shorter period
  444  of time for local government action is provided by law.
  445         (7)If the local government does not approve or deny an
  446  application for a development permit, construction permit, or
  447  certificate of occupancy for affordable housing within the 60
  448  day or shorter period, the permit is considered approved and the
  449  local government must issue the development permit, construction
  450  permit, or certificate of occupancy and may include such
  451  reasonable conditions as authorized by law.
  452         (8)An applicant for a development permit, construction
  453  permit, or certificate of occupancy seeking to receive a permit
  454  by default under this section must notify the local government
  455  in writing of the intent to rely upon the default approval
  456  provision of this section but may not take any action based upon
  457  the default development permit, construction permit, or
  458  certificate of occupancy until the applicant receives
  459  notification or a receipt that the local government received the
  460  notice. The applicant must retain the notification or receipt.
  461         Section 13. This act shall take effect July 1, 2018.
  462  
  463  ================= T I T L E  A M E N D M E N T ================
  464  And the title is amended as follows:
  465         Delete everything before the enacting clause
  466  and insert:
  467                        A bill to be entitled                      
  468         An act relating to affordable housing; amending ss.
  469         125.379 and 166.0451, F.S.; revising the criteria that
  470         counties and municipalities must use when evaluating
  471         real property as part of their inventory for disposal
  472         of lands; amending ss. 253.0341, 337.25, and 373.089,
  473         F.S.; revising the procedures under which the Board of
  474         Trustees of the Internal Improvement Trust Fund, the
  475         Department of Transportation, and the water management
  476         districts must dispose of nonconservation surplus
  477         lands; amending s. 420.507, F.S.; authorizing the
  478         Florida Housing Finance Corporation to take one or
  479         more specified actions against any applicant or
  480         affiliate of an applicant upon a determination of good
  481         cause and after service of an administrative complaint
  482         and adequate notice; defining the term “good cause”;
  483         authorizing the corporation to require, as a condition
  484         of financing a multifamily rental project, including
  485         allocating competitive low-income housing tax credits,
  486         that a certain agreement be recorded in the official
  487         records of the county where the real property is
  488         located; providing requirements for the term of such
  489         agreement; amending s. 420.5087, F.S.; revising the
  490         criteria used by a review committee when evaluating
  491         and selecting specified applications for the state
  492         apartment incentive loans; creating s. 420.56, F.S.;
  493         providing legislative intent; providing a process for
  494         certain entities to dispose of surplus lands for use
  495         as affordable housing; creating s. 420.57, F.S.;
  496         creating the Hurricane Housing Recovery Program to
  497         provide funds for certain affordable housing recovery
  498         efforts; requiring the corporation to administer the
  499         program and allocate resources to local governments
  500         that meet certain criteria; specifying requirements
  501         for receiving and using funds; requiring participating
  502         local governments to submit a report; requiring the
  503         corporation to compile the reports and submit them to
  504         the Legislature; creating the Rental Recovery Loan
  505         Program to provide funds for additional rental housing
  506         due to specified impacts; providing a rationale for
  507         the program; authorizing the corporation to adopt
  508         rules to administer specified provisions; authorizing
  509         the corporation to adopt emergency rules; providing
  510         legislative findings; providing that the corporation
  511         is not required to make specified findings; providing
  512         an exemption; requiring the emergency rules to remain
  513         in effect for a specified period after adoption;
  514         authorizing the emergency rules to be renewed during
  515         the pendency of procedures to adopt rules addressing
  516         the subject of the emergency rules; amending s.
  517         420.9071, F.S.; revising the definition of the term
  518         “local housing incentive strategies”; creating s.
  519         553.7923, F.S.; providing a local permit approval
  520         process for affordable housing; providing an effective
  521         date.