Florida Housing Finance Corporation approves $117.3 million in loan funding for affordable housing developments

The Florida Housing Finance Corporation (FHFC) approved $117.3 million in loan funding to address inflation-related cost increases in affordable housing developments across the state. The funding is primarily sourced from the Live Local Act, a law signed by Gov. Ron DeSantis in March, which aims to increase the availability of affordable housing units in Florida. The approved funding will support approximately 3,600 housing units across 30 developments in 16 counties.

Read the full article on The Capitolist here.

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