In the 2008 legislative session, the following appropriation was approved:

From the funds in Specific Appropriation 1616, $10,000,000 in non-recurring funds in the State Housing Trust Fund is provided for a preservation rehabilitation pilot program in Pasco, Palm Beach and Orange counties targeting rental housing that receives or has received funding from any federal or state housing funding program. To the maximum extent feasible, these moneys shall be leveraged by intermediaries at least 4:1. (HB 5001 General Appropriations Act for Fiscal Year 2008-2009).