NOTICE OF FINDING OF NO SIGNIFICANT IMPACT AND NOTICE OF INTENT TO REQUEST RELEASE OF FUNDS

October 22, 2025

Florida Housing Finance Corporation
227 North Bronough Street, Suite 5000
Tallahassee, FL 32301-1329
(850) 488-4197

These notices shall satisfy two separate but related procedural requirements for activities to be undertaken by the Florida Housing Finance Corporation (FHFC).

REQUEST FOR RELEASE OF FUNDS

On or about November 7, 2025 the FHFC will submit a request to the U. S. Department of Housing and Urban Development (HUD) for the release of HOME Investment Partnerships American Rescue Plan Program (HOME-ARP) funds under 24 CFR Part 92 under Title II of the Cranston-Gonzalez National Affordable Housing Act (NAHA), in accordance with Section 288 (42 U.S.C. 12838) to undertake a project known as Ekos at Bayonet Point II located at 13821 Lakeshore Boulevard, Hudson, Pasco County, Florida 33667. The Ekos at Bayonet Point II project is a 120 attainable one-bedroom/one-bath, non-assisted living facility affordable rental development for residents aged 55 and older. The approximate total development cost is $43,652,955 to be financed by Multifamily Mortgage Revenue Bonds in the amount of $13,050,000; a State Apartment Incentive Loan in an amount up to $10,320,800; Non-Competitive Housing Credits in the amount of $18,152,478; a HOME-ARP Loan in an amount up to $779,100; and deferred fees in the amount of $1,350,577. This much needed senior housing will serve an average household income at or below 60% of the Area Median Income (AMI). As stipulated by HUD, an Environmental Review is required of the subject property according to 24 CFR Part 58.

FINDING OF NO SIGNIFICANT IMPACT

The Florida Housing Finance Corporation has determined that the project will have no significant impact on the human environment. Therefore, an Environmental Impact Statement under the National Environmental Policy Act of 1969 (NEPA) is not required. Additional project information is contained in the Environmental Review Record (ERR) on file at Florida Housing Finance Corporation, 227 North Bronough Street, Suite 5000, Tallahassee, FL 32301-1329, and may be examined or copied weekdays between 9:00 A.M to 4:00 P.M.

PUBLIC COMMENTS

Any individual, group, or agency may submit written comments on the ERR to the Florida Housing Finance Corporation, 227 N Bronough St, Suite 5000, Tallahassee, FL 32301, Attention: Ms. Angeliki Sellers or via e-mail at ERRComments@floridahousing.org. All comments received by November 6, 2025, will be considered by the FHFC prior to authorizing submission of a request for release of funds. Comments should specify which Notice they are addressing.

ENVIRONMENTAL CERTIFICATION

The Florida Housing Finance Corporation certifies to U.S. Department of Housing and Urban Development (HUD) that Ms. Angeliki Sellers, in her capacity as Chief Financial Officer of the Florida Housing Finance Corporation, consents to accept the jurisdiction of the Federal Courts if an action is brought to enforce responsibilities in relation to the environmental review process and that these responsibilities have been satisfied. HUD’s approval of the certification satisfies its responsibilities under NEPA and related laws and authorities and allows Florida Housing Finance Corporation to use Program funds.

OBJECTIONS TO RELEASE OF FUNDS

HUD will accept objections to its release of fund and the Florida Housing Finance Corporation’s certification for a period of fifteen days following the anticipated submission date or its actual receipt of the request (whichever is later) only if they are on one of the following bases: (a) the certification was not executed by the Certifying Officer of the Florida Housing Finance Corporation; (b) the Florida Housing Finance Corporation has omitted a step or failed to make a decision or finding required by HUD regulations at 24 CFR Part 58; (c) the grant recipient has committed funds or incurred costs not authorized by 24 CFR Part 58 before approval of a release of funds by HUD; or (d) another Federal agency acting pursuant to 40 CFR Part 1504 has submitted a written finding that the project is unsatisfactory from the standpoint of environmental quality. Objections must be prepared and submitted via email in accordance with the required procedures (24 CFR Part 58, Sec. 58.76) and shall be addressed to CPDRROFJKV@hud.gov or written submission to U.S. Department of Housing & Urban Development, Community Planning & Development Division, Jacksonville Field Office, Attention: CPD Environmental Review, 400 W. Bay Street, Suite 1015, Jacksonville, FL 32202. Potential objectors should contact the HUD Jacksonville Field Office at the same email address at CPDRROFJKV@hud.gov to verify the actual last day of the objection period.

Ms. Angeliki G. Sellers, Chief Financial Officer, Florida Housing Finance Corporation
10/22/25 61078b