The Florida Housing Finance Corporation (“FHFC”) recently published the 2025 Income Limits and Rent Limits. These figures reflect more than a 9% increase in most jurisdictions’ rent limits applicable to qualifying Live Local...more
The Florida Housing Finance Corporation is preparing to begin processing applications for the Missing Middle Tax Exemption for the 2025 tax year. Some of the deadlines for processing exemption applications have changed. This...more
The Florida Housing Finance Corporation (“FHFC”) recently published their 2024 Income Limits and Rent Limits. These figures show up to a 10% increase in rent limits applicable to qualified Live Local Act projects throughout...more
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
The Live Local Act (S.B. 102) incorporated relief from sales tax for building materials used in eligible residential units that have a recorded FHFC agreement.
What Residential Units Qualify: An eligible residential unit...more
4/18/2023
/ Affordable Housing ,
Community Development ,
Construction Project ,
Florida ,
Land Developers ,
Low Income Housing ,
Low-Income Issues ,
Real Estate Development ,
Sales Tax ,
Tax Reform ,
Urban Planning & Development
More Density, More Height and Less Bureaucracy -
The Live Local Act (“Live Local” or the “Act”) makes unprecedented changes to zoning law that impact and limit local government power....more