Section 5P-10.002 - Contractor Eligibility and Contract Periods(1) Through competitive bidding pursuant to Chapter 287, F.S., the department will contract with an eligible entity (i.e., Contractor) to administer the Healthy Food Financing Initiative program in accordance with Section 500.81(3)(b)1., F.S. and the criteria set forth in this chapter.(2) The Contractor must be a: (a) Financially Sound Nonprofit with at least ten (10) years of experience in offering financing for other Nonprofits, community development organizations, or public-serving for-profit projects and at least two (2) years of experience offering financing for projects designed to increase accessibility to healthy foods in low-income or underserved communities; and,(b) Florida-based federally certified Community Development Financial Institution able to demonstrate the requirements listed in Sections 500.81(3)(a)1.-4., F.S.(3) Contract periods and renewals shall be determined as funds are appropriated by the Legislature from the state's General Revenue Fund for the purpose of this program.Fla. Admin. Code Ann. R. 5P-10.002
Rulemaking Authority 500.81(8), 570.07(23) FS. Law Implemented 500.81 FS.
Adopted by Florida Register Volume 43, Number 233, December 5, 2017 effective 12/19/2017.