25-1196
MOTION TO ADOPT Resolution, the title of which is as follows: A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF BROWARD COUNTY, FLORIDA AUTHORIZING THE IMPLEMENTATION OF A MORTGAGE CREDIT CERTIFICATE (“MCC”) PROGRAM BY THE HOUSING FINANCE AUTHORITY OF BROWARD COUNTY, FLORIDA (“HFA”); AUTHORIZING THE EXCHANGE OF A NOT TO EXCEED AMOUNT OF $50,000,000 OF SINGLE FAMILY PRIVATE ACTIVITY BOND ALLOCATION FOR NOT TO EXCEED $12,500,000 OF MORTGAGE CREDIT CERTIFICATE AUTHORITY; APPROVING THE FORM AND AUTHORIZING THE EXECUTION OF THE MASTER PROGRAM ADMINISTRATION GUIDELINES; APPROVING THE FORM OF AND AUTHORIZING THE EXECUTION AND DELIVERY OF PARTICIPATION AGREEMENTS BETWEEN THE HFA AND LENDING INSTITUTIONS DESIRING TO PARTICIPATE IN THE MCC PROGRAM; AUTHORIZING CERTAIN OFFICIALS OF THE HFA TO TAKE ALL ACTIONS NECESSARY IN CONNECTION WITH THE IMPLEMENTATION OF THE MCC PROGRAM; PROVIDING CERTAIN OTHER FINDINGS AND DETAILS WITH RESPECT THERETO; AND PROVIDING AN EFFECTIVE DATE.
- Committee
- Public Works and Environmental Services - Housing Finance Authority
- Requested by
- Resilient Environment - Housing Finance Division
- Introduced
- September 16, 2025
- On agenda
- October 21, 2025
- Passed
- October 21, 2025