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Housing (SB 102)

Score:

32

%

Florida

2023

Latest Action:

Updated:

Chamber:

Cited as the “Live Local Act,” this bill changes affordable housing programs at the state and local level. The bill preempts local governments regarding development of affordable housing; deletes the authority of local governments to impose rent control; and extends an ad valorem tax exemption for the portion of developed property meeting affordable housing requirements. The bill provides over $700 million for affordable housing initiatives, including $100 million for the Florida Hometown Heroes program, $252 million for the SHIP program, $259 million for the SAIL program, and a $100 million loan program for inflation costs.

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