1.1.................... moves to amend H.F. No. 445 as follows:
1.2Page 2, delete lines 24 to 28, and insert:
1.3"
(4) be used to develop housing:
1.4(i) if the market value of the housing does not exceed the lesser of:
1.5(A) 150 percent of the average market of single-family homes in that municipality; or
1.6(B) $200,000 for municipalities located in the metropolitan area, as defined in
1.7section 473.121, or $125,000 for all other municipalities; and
1.8(ii) if the expenditures are used to pay the"
1.9Page 2, line 36, after "
residence" insert "
, and a notice of pendency of the foreclosure
1.10has been recorded under section 580.032, except a notice of pendency is not required for a
1.11delinquency or default that relates to a contract for deed payment"