Division of Administrative Hearings, Florida
Filed: Oct. 26, 2000
As the parties have stipulated, the issue in this case is whether Respondent Florida Housing Finance Corporation (the “Corporation”) properly interpreted Rule 67-48.032(2), Florida Administrative Code, and the corresponding provisions on the same subject found in paragraph 2, at page 2, of the Corporation’s 2000 Qualified Allocation Plan (collectively, the "Instructions"), when it applied the Instructions to determine the substantial interests of Petitioners and Intervenors.The issue was whether the Florida Housing Finance Corporation properly interpreted its rules for achieving a mandatory Non-Profit Set-Aside requiring that 12% of all available credits be awarded to non-profit entities. Petitions dismissed.