Housing Finance Authority

Agenda - June 27, 2018 Meeting

About the Housing Finance Authority

Entity Name: Pasco County Housing Finance Authority (HFA)

Purpose: To alleviate a shortage of housing and capital for investment in housing within Pasco County.

Fiscal Year:  October 1st - September 30th

Legal Background:

1          Housing Finance Authorities – Established under Chapter 159, Florida Statutes (F.S.).  Sections 159.601-159.623, establishes general authority and powers

2.         Chapter 2, Article V, Division 5, Section 2.256 – 2.258, Pasco County Code of Ordinances.  Section 2.257, sets forth authority and use of funds 

3.         Section 159.606, F. S. – Conflicts of Interest; Disclosure - Appeal to HFA Board members

4.         Sec. 189.069, F.S. – Special Districts requirement for reporting of information; web-based public areas-set forth requirements for HFA specific website

5.         Resolution and Internal Agreement with Pinellas County allowing them to issue single family mortgage revenue bonds on behalf of Pasco County; Resolution Revised 11/1/09

6.         Guidelines and Application Procedures for the Authority’s Multi-Family Tax Exempt Bond Program, approved 3/7/17

7.         Multi-Family Mortgage Revenue Bond Program application, approved 7/26/17

Service Area: The Pasco County HFA serves all of Pasco County, including its municipalities