Management Company Services for Housing Finance Corporation
Services to be provided by the Management Company with Florida Housing's oversight shall include, but are not limited to, the following:
1. Decisions regarding day-to-day operation of the Development including the following:
a. General Maintenance;
b. Capital improvements;
c. Preventative Maintenance;
d. Routine repairs;
e. Emergency repairs;
f. Relocation of tenants;
g. Unit turnovers;
h. Orientation of new residents;
i. Qualification and certification for new move-ins;
j. Annual resident certification;
k. Rent collection;
l. Bill paying, including escrows and reserves;
m. Court filings;
n. Unit inspections;
o. Financial management, including preparation of an annual operations budget and a three year capital needs budget in a form approved by Florida Housing;
p. General correspondence; and
q. Compliance with terms of program(s) and regulatory agreements.
