Establishes the Vacancy Relief Trust Fund and Risk Mitigation Trust Fund within the Florida Housing Finance Corporation.
The bill creates the Vacancy Relief Trust Fund and Risk Mitigation Trust Fund within the Florida Housing Finance Corporation. These funds are intended for implementing the Homes for Veterans Property Management Incentive Pilot Program. Any unexpended balance in either trust fund at the end of the fiscal year will revert and be appropriated for the next fiscal year. The funds must be reviewed before their scheduled termination on July 1, 2030, as per the State Constitution.
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