{"data":{"id":"us-fl/fla.-stat.-420.428","jurisdiction":"us-fl","citation":"Fla. Stat. § 420.428","heading":"Eligible activities.","body":"Grant recipients may use grant funds made available pursuant to ss. 420.421-420.429 to:\n(1) Pay the Neighborhood Reinvestment Corporation for the fee charged to develop a neighborhood housing services corporation, which fee, if refunded, may be used for any eligible activity;\n(2) Fund the operation of a neighborhood housing services corporation by payment of salaries and other administrative expenses, as approved by the department; and\n(3) Fund a revolving high-risk loan fund which is administered by a neighborhood housing services corporation to finance the rehabilitation of property in the corporation’s targeted area.\nHistory.—s. 7, ch. 79-259; s. 6, ch. 85-265.","path":["CHAPTER 420 HOUSING"],"source_url":"https://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute\u0026URL=0400-0499/0420/0420.html","current_through":"2026 Florida Statutes","vintage":"","retrieved_at":"2026-08-27T02:05:41Z","sha256":"3a1a0eabfefe8161d5a95d66e04181a843792c9daa630fde3f2edf0050e64abe","source_id":"us-fl","stale":false,"prev":"us-fl/fla.-stat.-420.427","next":"us-fl/fla.-stat.-420.429"},"notice":"GroundRules: Original legal text. Not legal advice."}