Funder: Florida Housing Finance Corporation
Due Dates (Anticipated): August 2027 (Application deadline)
Funding Amounts: Estimated $33,633,880 in Housing Credits in the 2026 cycle
Summary: Housing Credit financing supports affordable multifamily housing development in eight Florida counties, rather than research.
Key Information: Applicants must commit to 50-year affordability restrictions and waive early conversion to market-rate housing.
Description
Florida Housing Finance Corporation administers this competitive financing opportunity for affordable multifamily developments in Broward, Duval, Hillsborough, Lee, Orange, Palm Beach, Pinellas, and Polk counties. It supports new construction, rehabilitation, and acquisition with rehabilitation, serving either families/general-population households or elderly residents, including assisted living facilities (ALFs). This is a housing development opportunity, not research funding.
The competitive process considers developer experience, development category, permit readiness, proximity to transit and community services, and local government areas of opportunity. Projects must include income-restricted housing, extremely low-income units, and, unless exempt, Link units for persons with special needs. Florida Housing proposed alternating one award between Lee and Polk counties annually, beginning with Polk in the 2026 cycle.
