Florida lawmakers moved forward on two closely watched housing bills Monday, passing a plan to fast-track foreclosures, and agreeing to spend some of the state’s $200 million National Mortgage Settlement winnings on college dorm fees, Habitat for Humanity and domestic violence centers.
The House passed its plan to hasten the state’s foreclosure process in an 87 to 26 vote that sent it to the Senate for review. The bill, HB 87, has been debated in various forms during four consecutive legislative sessions.
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Plan to spend $200 million from National Mortgage Settlement
$9.1 million, Florida Prepaid Tuition program for dorm payments
$5.2 million, court technology to expedite foreclosures
$16 million, court resources to reduce foreclosure backlog
$9.7 million, clerk of courts to expedite foreclosure processing
$10 million, legal aid for foreclosure defense
$10 million, expand domestic violence shelter capacity
$20 million, Habitat for Humanity
$60 million, State Apartment Incentive Loan Program
$40 million, State Housing Initiative Program
$10 million, homeless housing
$10 million, housing for people with developmental disabilities