Description
The Rental Recovery Loan Program (RRLP) is a state-level disaster recovery initiative activated by the Florida Legislature to provide long-term assistance for rental housing in hurricane-impacted communities. It offers gap loan financing, typically covering 25% to 35% of development costs, to for-profit and non-profit developers for new construction, acquisition, and rehabilitation of rental housing. Funding is deployed to impacted SHIP jurisdictions and follows SHIP program rules.
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Grant Details
Not specified
Rolling (No fixed deadline)
FL
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