Senate Bill 1714 (2025) — Local housing assistance plans

SB 1714

Florida Bills

Florida Senate - 2025 SB 1714 By Senator Burton 12-00817C-25 20251714__ Page 1 of 6 CODING: Words stricken are deletions; words underlined are additions. A bill to be entitled 1

An act relating to local housing assistance plans; 2 amending s. 420.9075, F.S.; requiring each county and 3 eligible municipality to include in its local housing 4 assistance plan a certain strategy; providing that lot 5 rental assistance for eligible mobile home owners is 6 an approved home ownership activity for certain 7 purposes; authorizing counties and eligible 8 municipalities to provide certain funds to mobile home 9 owners for rehabilitation and emergency repairs; 10 deleting a provision limiting to a specified 11 percentage the amount of certain funds that may be 12 used for manufactured housing; amending s. 420.9071, 13 F.S.; conforming a cross-reference; providing an 14 effective date. 15 16 Be It Enacted by the Legislature of the State of Florida: 17 18

Section 1. Subsection (5) of

section 420.9075, Florida 19 Statutes, is amended, and paragraph (

h) is added to subsection 20 (3) of that section, to read: 21 420.9075 Local housing assistance plans; partnerships.— 22 (3) 23 (

h) Each county and each eligible municipality shall 24 include in its local housing assistance plan a strategy for 25 providing program funds to mobile home owners as defined in s. 26 723.003, which must include lot rental assistance. 27

(5) The following criteria apply to awards made to eligible 28 sponsors or eligible persons for the purpose of providing 29

Florida Senate - 2025 SB 1714 12-00817C-25 20251714__ Page 2 of 6 CODING: Words stricken are deletions; words underlined are additions. eligible housing: 30 (

a) At least 65 percent of the funds made available in each 31 county and eligible municipality from the local housing 32 distribution must be reserved for home ownership for eligible 33 persons. For purposes of this paragraph, lot rental assistance 34 for eligible mobile home owners as defined in s. 723.003 is an 35 approved home ownership activity. 36 (

b) Up to 25 percent of the funds made available in each 37 county and eligible municipality from the local housing 38 distribution may be reserved for rental housing for eligible 39 persons or for the purposes enumerated in s. 420.9072(7)(b). 40 (

c) At least 75 percent of the funds made available in each 41 county and eligible municipality from the local housing 42 distribution must be reserved for construction, rehabilitation, 43 or emergency repair of affordable, eligible housing. Funds may 44 be provided to mobile home owners as defined in s. 723.003 for 45 rehabilitation and emergency repairs under this paragraph. 46 (

d) Each local government must use a minimum of 20 percent 47 of its local housing distribution to serve persons with special 48 needs as defined in s. 420.0004. A local government must certify 49 that it will meet this requirement through existing approved 50 strategies in the local housing assistance plan or submit a new 51 local housing assistance plan strategy for this purpose to the 52 corporation for approval to ensure that the plan meets this 53 requirement.

The first priority of these special needs funds 54 must be to serve persons with developmental disabilities as 55 defined in s. 393.063, with an emphasis on home modifications, 56 including technological enhancements and devices, which will 57 allow homeowners to remain independent in their own homes and 58

Florida Senate - 2025 SB 1714 12-00817C-25 20251714__ Page 3 of 6 CODING: Words stricken are deletions; words underlined are additions. maintain their homeownership. 59 (

e) Not more than 20 percent of the funds made available in 60 each county and eligible municipality from the local housing 61 distribution may be used for manufactured housing. 62 (

f) The sales price or value of new or existing eligible 63 housing may not exceed 90 percent of the average area purchase 64 price in the statistical area in which the eligible housing is 65 located. Such average area purchase price may be that calculated 66 for any 12-month period beginning not earlier than the fourth 67 calendar year prior to the year in which the award occurs or as 68 otherwise established by the United States Department of the 69 Treasury. 70 (f)1.(g)1.

All units constructed, rehabilitated, or 71 otherwise assisted with the funds provided from the local 72 housing assistance trust fund must be occupied by very-low-73 income persons, low-income persons, and moderate-income persons 74 except as otherwise provided in this section. 75 2.a.

At least 30 percent of the funds deposited into the 76 local housing assistance trust fund must be reserved for awards 77 to very-low-income persons or eligible sponsors who will serve 78 very-low-income persons, and at least an additional 30 percent 79 of the funds deposited into the local housing assistance trust 80 fund must be reserved for awards to low-income persons or 81 eligible sponsors who will serve low-income persons. 82 b.

This subparagraph does not apply to a county or an 83 eligible municipality that includes or has included within the 84 previous 5 years an area of critical state concern designated by 85 the Legislature for which the Legislature has declared its 86 intent to provide affordable housing. This sub-subparagraph 87

Florida Senate - 2025 SB 1714 12-00817C-25 20251714__ Page 4 of 6 CODING: Words stricken are deletions; words underlined are additions. expires on July 1, 2029, and applies retroactively. 88 (g)(

h) Loans shall be provided for periods not exceeding 30 89 years, except for deferred payment loans or loans that extend 90 beyond 30 years which continue to serve eligible persons. 91 (h)(

i) Loans or grants for eligible rental housing 92 constructed, rehabilitated, or otherwise assisted from the local 93 housing assistance trust fund must be subject to recapture 94 requirements as provided by the county or eligible municipality 95 in its local housing assistance plan unless reserved for 96 eligible persons for 15 years or the term of the assistance, 97 whichever period is longer.

Eligible sponsors that offer rental 98 housing for sale before 15 years or that have remaining 99 mortgages funded under this program must give a first right of 100 refusal to eligible nonprofit organizations for purchase at the 101 current market value for continued occupancy by eligible 102 persons. 103 (i)(

j) Loans or grants for eligible owner-occupied housing 104 constructed, rehabilitated, or otherwise assisted from proceeds 105 provided from the local housing assistance trust fund shall be 106 subject to recapture requirements as provided by the county or 107 eligible municipality in its local housing assistance plan. 108 (j)(

k) The total amount of monthly mortgage payments or the 109 amount of monthly rent charged by the eligible sponsor or her or 110 his designee must be made affordable. 111 (k)(

l) The maximum sales price or value per unit and the 112 maximum award per unit for eligible housing benefiting from 113 awards made pursuant to this

section must be established in the 114 local housing assistance plan. 115 (l)(

m) The benefit of assistance provided through the State 116

Florida Senate - 2025 SB 1714 12-00817C-25 20251714__ Page 5 of 6 CODING: Words stricken are deletions; words underlined are additions. Housing Initiatives Partnership Program must accrue to eligible 117 persons occupying eligible housing. This provision shall not be 118 construed to prohibit use of the local housing distribution 119 funds for a mixed income rental development. 120 (m)(

n) Funds from the local housing distribution not used 121 to meet the criteria established in paragraph (

a) or paragraph 122 (

c) or not used for the administration of a local housing 123 assistance plan must be used for housing production and finance 124 activities, including, but not limited to, financing 125 preconstruction activities or the purchase of existing units, 126 providing rental housing, and providing home ownership training 127 to prospective home buyers and owners of homes assisted through 128 the local housing assistance plan. 129 1. Notwithstanding the provisions of paragraphs (

a) and 130 (c), program income as defined in s. 420.9071(26) may also be 131 used to fund activities described in this paragraph. 132 2. When preconstruction due-diligence activities conducted 133 as part of a preservation strategy show that preservation of the 134 units is not feasible and will not result in the production of 135 an eligible unit, such costs shall be deemed a program expense 136 rather than an administrative expense if such program expenses 137 do not exceed 3 percent of the annual local housing 138 distribution. 139 3.

If both an award under the local housing assistance plan 140 and federal low-income housing tax credits are used to assist a 141 project and there is a conflict between the criteria prescribed 142 in this subsection and the requirements of s. 42 of the Internal 143 Revenue Code of 1986, as amended, the county or eligible 144 municipality may resolve the conflict by giving precedence to 145

Florida Senate - 2025 SB 1714 12-00817C-25 20251714__ Page 6 of 6 CODING: Words stricken are deletions; words underlined are additions. the requirements of s. 42 of the Internal Revenue Code of 1986, 146 as amended, in lieu of following the criteria prescribed in this 147 subsection with the exception of paragraphs (

a) and (f) (

g) of 148 this subsection. 149 4. Each county and each eligible municipality may award 150 funds as a grant for construction, rehabilitation, or repair as 151 part of disaster recovery or emergency repairs or to remedy 152 accessibility or health and safety deficiencies. Any other 153 grants must be approved as part of the local housing assistance 154 plan. 155

Section 2. Subsection (27) of

section 420.9071, Florida 156 Statutes, is amended to read: 157 420.9071

Definitions.—As used in ss. 420.907-420.9079, the 158 term: 159 (27) “Recaptured funds” means funds that are recouped by a 160 county or eligible municipality in accordance with the recapture 161 provisions of its local housing assistance plan pursuant to s. 162 420.9075(5)(

i) s. 420.9075(5)(

j) from eligible persons or 163 eligible sponsors, which funds were not used for assistance to 164 an eligible household for an eligible activity, when there is a 165 default on the terms of a grant award or loan award. 166

Section 3. This act shall take effect July 1, 2025. 167

Document details

CollectionFlorida Bills
CitationSB 1714
Typebill
Languageen
Formatpdf
SourceFL_SENATE
Identifier8e11a176b7fe59e617fb145b2ef3acb1291997ca

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Senate Bill 1714 (2025) — Local housing assistance plans

SB 1714

Florida Bills

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