Affordable Housing Development Using SAIL Funds Sample Clauses

Affordable Housing Development Using SAIL Funds. The State Apartment Incentive Loan Program, created by the State of Florida, has been a national model for providing gap financing for affordable apartments since it was created over 30 years ago. This training will explain how the program works in conjunction with bonds and other funding and within the framework of developing or rehabilitating affordable rental housing, what type of projects are eligible for SAIL funding, how application is made, and what to expect after receiving SAIL funding. Also included is an explanation of the set-asides in the SAIL program, including the newly created set-aside for youth aging out of xxxxxx care. The workshop will cover related topics including the Florida Housing Finance Corporation ‘Request for Application’ process, combining sources of funding such as SAIL and tax credits or SAIL and Housing Trust Funds.
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Related to Affordable Housing Development Using SAIL Funds

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