National Mortgage Settlement Funds Appropriation

Attorney General Pam Bondi released the following statement on the passage of Senate Bill 1852 regarding funding from the national mortgage settlement.

“I entered the national mortgage settlement to obtain more than $8 billion in relief in order to ameliorate the effects of the foreclosure crisis and to help homeowners. I am grateful to Senate President Gaetz, House Speaker Weatherford and the entire Legislature for supporting the appropriation of $200 million of these settlement funds in accordance with the agreement for housing-related purposes.”

SB 1852: Funding from the National Mortgage Settlement

GENERAL BILL by Appropriations
Funding from the National Mortgage Settlement; Providing an appropriation from the General Revenue (GR) Fund to the Florida Prepaid Tuition Scholarship Program to purchase 2-year dormitory residence advance payment contracts for certain students; providing an appropriation from the GR Fund to the state courts system to provide technology solutions to expedite foreclosure cases through the judicial process; providing an appropriation from the GR Fund to the Office of the Attorney General to provide legal aid services to low- and moderate-income homeowners facing foreclosure; providing an appropriation from the GR Fund to the Department of Economic Opportunity to provide a grant to Habitat for Humanity of Florida for certain purposes, etc. APPROPRIATION: $200,080,474

Full Text Click Here

This entry was posted in Florida Law News, Florida News, Jacksonville News. Bookmark the permalink.

Comments are closed.