FL H0665

Includes Florida Housing Finance Corporation as a state agency subject to inspector general oversight, requiring annual reports due 90 days after fiscal year end instead of September 30.

Removes cap on State Housing Trust Fund allocations, changing from "lesser of 7.53% or $107 million" and "lesser of 8.66% or $136 million" to fixed percentages (7.53% and 8.66%) of remaining excise tax on document revenues.

Adds "persons with special needs" as a defined tenant group eligible for zero to 3 percent interest rates under State Apartment Incentive Loan Program and creates corresponding fund reservation requirements.

Allows local governments to include affordable housing specifically for seniors age 60+ in comprehensive plans and permits disposition of real property conveyed for such housing development.

Restricts use of State Housing Trust Fund and Local Government Housing Trust Fund for new construction or purchases after December 31, 2009 for single-family homes and after December 31, 1995 for rental housing, except for acquisition and rehabilitation of existing properties (expires July 1, 2011).