CFO Alex Sink's Consumer eViews Newsletter

Volume 5  Number 35  August 29, 2008


From left to right: Wellington Meffert, Florida Housing Finance Corporation; Trey Goldman, Florida Association of Realtors; John Smith, Florida Association of Counties; Dionne Meyers, Florida Legal Services; Admiral Leroy Collins, Florida Department of Veterans Affairs, CFO Alex Sink; Alex Sanchez, Florida Bankers Association; Ritch Workman, Florida Association of Mortgage Brokers ; Ray Cromer, Jr., Envision Credit Union; Steve Thomas, Florida Tax Watch; Rebecca DeLaRosa, Florida Housing Corporation.


Broad coalition to report on funds available from federal foreclosure assistance legislation

Chief Financial Officer Alex Sink will host the first meeting of her recently created “Financial Action Team” on Thursday, September 4, 2008, to review Florida’s potential share of the billions in federal dollars available from the Housing and Economic Recovery Act (HERA) of 2008 to address the Nation’s foreclosure problems. The meeting will be held from 9:00 a.m. to 1:00 p.m. in the Florida Cabinet meeting room located in the Lower Level of the Capitol.

“Floridians facing economic challenges from the foreclosure crisis, the softening economy and rising unemployment related to our housing industry can get some much needed relief from the benefits being made available through HERA,” said CFO Sink.

“Our state has a history of leaving federal money on the table, and I created the 'Financial Action Team' to help our citizens receive their fair share of benefits. The potential impact to our economy from this program is too important to Florida to take any other approach.” CFO Sink's Financial Action Team

Financial Action Team members from a dozen housing, financial services, government and economic development organizations have evaluated HERA from their stakeholders’ perspective and will report this week on what’s available, and the process by which Floridians can apply for and receive these federal benefits. Next steps include a Financial Action Team meeting in late September to outline outreach efforts to educate Floridians about the federal benefits for which they are eligible.

CFO Sink’s Financial Action Team includes representatives from the following organizations:

  • Florida Bankers Association
  • Florida Credit Union League
  • Florida Housing Finance Corporation
  • Florida Association of Realtors
  • Florida Legal Services
  • Florida League of Cities
  • Florida Association of Counties
  • Department of Veterans’ Affairs
  • City of West Palm Beach
  • Florida Tax Watch
  • Florida Association of Mortgage Brokers
  • Department of Financial Services

All meetings of the Financial Action Team will be announced and open to the public.