On February 28, 2024, the Florida House of Representatives passed Senate Bill 328 (“SB 328”), previously unanimously approved by the Florida Senate by a vote of 112 to 1. SB 328, regarded as the Live Local Act 2024 (“LLA...more
2/29/2024
/ Affordable Housing ,
Critical Infrastructure Sectors ,
Florida ,
Housing Market ,
Low Income Housing ,
Low-Income Issues ,
Pending Legislation ,
Real Estate Development ,
Real Estate Market ,
Regulatory Agenda ,
State and Local Government ,
Urban Planning & Development
As expected, within days of the opening day of the 2024 Legislative Session came two proposed “clarification glitch” bills containing several proposed amendments to the Live Local Act. Senate Bill 328, sponsored by Senator...more
2/2/2024
/ Affordable Housing ,
Construction Project ,
Critical Infrastructure Sectors ,
Florida ,
Housing Market ,
Low Income Housing ,
Low-Income Issues ,
Preemption ,
Property Tax ,
Proposed Legislation ,
Real Estate Development ,
Regulatory Agenda ,
Urban Planning & Development
Rising home prices and sustained population growth has resulted in an affordability crunch affecting many of Florida’s top housing markets. In fact, six of the nation’s hottest rental markets are in the Sunshine State....more
A lack of developable land in Florida, coupled with a rise in demand for commercial and residential real estate, is leading savvy investors to redevelop aging condominiums.
Originally Published in The Real Deal....more