File #: 2019-0834-A    Version: 1 Name:
Type: Resolution Status: Adopted
File Introduced: 11/12/2019 In control: City Council
On agenda: 12/10/2019 Final action: 12/10/2019
Effective date:    
Title: RESO Auth Issuance by Jax Housing Finance Auth of its Homeowner Mortgage Rev.Bonds, in an aggregate face amnt. Not to exceed $50,000,000 for the purpose of purchasing Mortgage Loans originated by participating local lending institutions to finance the purchase or rehab. of new or existing owner-occupied Single-family residences w/in Duval Cty, persons of low, middle, or moderate or middle income, or purchasing securities from a master servicer evidencing interests in or backed by a pool of such mortgage loans; include. w/o limitation, securities guaranteed by the Federal Govern. or agencies thereof (The Project) or for the purpose of refunding portions of previously issued Homeowner Mortgage Rev, Bonds to thereby make funds available for the financing of the proj.;Auth the submission of a req. for a private activity bond volume cap allocation; Determining credit not being pledged. (Hodges) (Req of JHFA) 11/12/2019 CO Introduced: NCSPHS, F 11/18/2019 NCSPHS Read 2nd & Rerefer...
Introducer and/or Co-Sponsor(s): Jacksonville Housing Finance Authority
Assigned Committees: FINANCE, NCSPHS
Legislation Documents: 1. 2019-834 Original Bill.pdf, 2. 2019-834 Exhibit 3.pdf, 3. 2019-834 FS.pdf, 4. 2019-834 Exhibit 1.pdf, 5. 2019-834 Exhibit 2.pdf, 6. 2019-834-A.pdf