Publication Date
2026-06-26
Subcategory
Miscellaneous Notices
NOTICE OF FINDING OF NO SIGNIFICANT IMPACT AND NOTICE OF INTENT TO REQUEST
RELEASE OF FUNDS
June 26, 2026
Florida Housing Finance Corporation
227 North Bronough Street, Suite 5000
Tallahassee, FL 32301-1329
(850) 488-4197
These notices shallsatisfy two separate but related procedural requirements for activities to be undertaken by the Florida Housing Finance Corporation.
REQUEST FOR RELEASE OF FUNDS
On or about July 14, 2026, the Florida Housing Finance Corporation (FHFC) will submit a request to the U. S. Department of Housing and Urban Development (HUD), for the release of HOME Investment Partnership Program (HOME) funds for the financing of the below development 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), as amended, to undertake a project known as Sovereign at Parkside East located at 165 and 175 Parade Circle, Rotonda West, Charlotte County, FL 33947. The project involves the construction of one garden-style apartment (3-Stories) building consisting of 32 units: 16 one-bedroom/one bathroom, and 16 two-bedroom/one-bathroom units, demographic 55 and older. A total of 69 parking spaces will be available to residents located to the north of the building. The projects construction costs are estimated at $11,932,712 to be funded with FHFC Multifamily Mortgage Revenue Bonds, $3,900,000; Non-Competitive Housing Credits (4% HC) equity, $580,452; HOME financing up to
$5,653,571; Local County funds, $400,000; and deferred costs/fees: $1,398,689. As stipulated by HUD, an Environmental Review is required of the project according to 24 CFR Part 58. The environmental review, conducted under 24 CFR Part 58, encompasses the entire project.
FINDING OF NO SIGNIFICANT IMPACT
FHFC has determined that the Sovereign at Parkside East 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. After the release of HUD funds, the Environmental Review Record (ERR) will be on file at FHFC, 227 North Bronough Street, Suite 5000, Tallahassee, FL 32301-1329, and may be examined or copied weekdays from 9:00 AM to 4:00 PM, excluding recognized Federal and State holidays.
PUBLIC COMMENTS
Any individual, group, or agency may submit written comments on the ERR to Florida Housing Finance Corporation, 227 North Bronough Street, Suite 5000, Tallahassee, FL 32301-1329, Attention: Ms. Angeliki Sellers or via e-mail at ERRComments@floridahousing.org. All comments received by July 13, 2026, will be considered by the Florida Housing Finance Corporation 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 the U.S. Department of Housing and Urban Development (HUD) that Ms. Angeliki Sellers, in her capacity as Chief Financial Officer and duly authorized Certifying Officer, 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. HUDs approval of the certification satisfies its responsibilities under NEPA and related laws and authorizes and allows FHFC to use Program funds.
OBJECTIONS TO RELEASE OF FUNDS
HUD will accept objections to its release of funds and the Florida Housing Finance Corporations certification for a period of fifteen (15) 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 or other participants in the development process have committed funds, or incurred costs or undertaken activities 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 via email the same e-mail 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
Publish: 06/26/26
395956 3992917