HB 7111 Summary

• Appropriates $45 million to Florida Housing Finance Corporation for down payment assistance loans up to $10,000 per qualified applicant who is a Florida resident for 12+ months, with loans forgiven on a pro rata basis at 25% per year for 4 years for eligible teachers, health practitioners, veterans, military members, and legal professionals.

• Allocates $50 million to Florida Housing Finance Corporation for the State Apartment Incentive Loan Program, with $25 million reserved for elderly rental units and $25 million for extremely-low-income rental units.

• Provides $20 million to Department of Children and Families for capital improvement grants to certified domestic violence centers, with the Florida Coalition Against Domestic Violence managing a competitive grant process.

• Appropriates $35 million to Department of Economic Opportunity as a grant to Habitat for Humanity of Florida for acquisition, rehabilitation, or reconstruction of housing stock for low-income applicants, with quarterly reporting requirements and repayment of unused funds by June 30, 2015.

• Allocates $24 million combined for state court system technology improvements and supplemental resources, $6.7 million to court clerks, $15 million for prepaid tuition dormitory contracts, $5 million for legal aid services, and $2 million for affordable housing awareness campaign.