At this Friday’s Board of Directors Meeting, Florida Housing Finance Corporation (“FHFC”) will consider a recommendation to open its Multifamily Mortgage Revenue Bond program ("MMRB") application cycle until FHFC receives $100MM in requests, at which time the cycle will close. If approved, applicants that are not invited to credit underwriting by December 31, 2025, or applicants that do not complete underwriting by December 19, 2026, will be withdrawn or denied, as applicable. If approved, applicants (or developer principals) that applied in FHFC’s March MMRB round and are still in underwriting would not be eligible to apply in this $100MM funding round. A further update will be provided following the Board of Directors meeting being held this Friday, October 24, 2025, in Jacksonville, Florida.  

The agenda item can be found here.