Florida § 420.523 - Purpose.
Full text of Florida Florida Statutes § 420.523 — Purpose., with citation guidance and answers to common questions.
§ 420.523. Purpose.
The purpose of the Predevelopment Loan Program is to: (1) Provide for financial and technical assistance to local governments, housing authorities, and not-for-profit organizations who will provide for the sponsorship of housing for the target population in the state, such housing to be financed by federal, state, local, or private resources. (2) Ensure maximum leverage of federal, state, and local public funds and private resources in the construction and financing of housing for the target population. (3) Create a Housing Predevelopment Fund to be used by eligible sponsors of housing.
Frequently Asked Questions About Florida § 420.523
What does Florida Statutes § 420.523 cover?
Section 420.523 ("Purpose.") is part of the Florida Statutes, the codified statutory law of Florida. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Florida § 420.523?
A common citation format is "Florida Statutes § 420.523" (Florida). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Florida law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Florida official source linked on this page or consult a licensed Florida attorney.
How does Florida § 420.523 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Florida can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Florida.