Sarasota News Leader

11/01/2013

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Sarasota News Leader November 1, 2013 In his recommended order, Christopher McGuire, a hearing officer for the state Housing Finance Corp., wrote that the case "demonstrates" that Florida Housing "did not have a clear policy" in what was expected of applicants. The dismissal of the Sarasota application was done "without support of facts or logic, and was thus arbitrary." The Housing Finance Corp. board, made up of Gov. Rick Scott appointees, meets this Friday, and Russell expects them to ratify McGuire's filing. According to a board agenda posted online, staff is recommending that the board "issue a Final Order in accord with [McGuire's]." No one has contested McGuire's ruling. Page 31 Poe units that have sat, abandoned and derelict, at Central Avenue and 22nd Street for years. After that comes underwriting, then closing. Russell says construction work could start as early as next March or April. The Authority is planning to build around 70 new units, with about half set aside for subsidized housing for very low-income families. The tax credit program stipulates that rents remain below the market level and that all residents must earn 60 percent or less of the local median income for a family of four. In Sarasota, the median income for four is almost $60,000, which means only those families earning around $36,000 or less would qualify. Assuming everything goes as expected at the "It's been a long, arduous, hard-fought proboard meeting, Russell says the next step is cess," Russell says. Last week's win felt demolition, tearing down the final 60 Janie terrific. "It was really gratifying." % Avoid The Crowds Use The Park & Ride Shuttle Only $5 Per Vehicle Details at the website Proceeds benefit Mote Marine's Sea Turtle Conservation Program. Siesta Key Beach November 15–18, 2013 For More Information: SiestaKeyCrystalClassic.com (941) 349-3800 Visit www.siestakeycrystalclassic.com for more on Admission & Hours • Map & Directions Event Details & Schedule

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