No. CS/CS/CS/HB 1481
Filed under Housing.
Housing for Veterans; Establishes Homes for Veterans Property Management Incentive Pilot Program in certain counties, subject to legislative appropriation; requires Florida Housing Finance Corporation, in consultation with other entities & persons, to oversee specified aspects of pilot program; provides responsibilities of corporation for pilot program; requires contracted program administrators to maintain certain functions of pilot program; authorizes certain landlords to apply to contracted program administrator to request funding from Vacancy Relief & Risk Mitigation Trust Fund; provides purpose of such trust fund; provides requirements to request funding from trust fund; requires certain case managers to assist contracted program administrator; requires contracted program administrator to maintain & provide certain documentation to corporation; requires entity responsible for certain functions to maintain any supporting documentation; authorizes corporation to rely on certifications, determinations, & documentation provided by specified entities; provides that funding for pilot program is awarded on first-come, first-served basis; authorizes corporation to suspend acceptance of applications; requires specified notice.
Plain English Summary
AI-GENERATEDLandlords in four counties can receive up to 45 days of rent if a veteran delays moving in. This payment covers the vacancy period until the veteran occupies the unit.
Landlords can claim up to $2,000 for property damage exceeding the security deposit if a veteran leaves early. This reimbursement requires prior application for the initial vacancy payment.
The Florida Housing Finance Corporation oversees the program but relies on local partners for verification. It may stop accepting applications once available funds are fully obligated.
AICreates a new state program in Broward, Escambia, Hillsborough, and Santa Rosa Counties that pays landlords for vacant units and property damage caused by veterans in a federal housing program.
AIAllows a landlord to receive proportional rent for a unit that is vacant while waiting for a veteran to move in, capped at 45 days or the actual move-in date.
AIAllows a landlord to receive up to $2,000 to cover property damage caused by a veteran that exceeds the security deposit, if the veteran moves out within the first 12 months of a year-to-year lease.
AIProhibits a landlord from applying for property damage funding unless they have previously applied for the vacancy funding described in the prior subsection.
AIRequires the corporation to award funds in the order applications are received and allows it to stop accepting applications when the annual budget is fully spent.