Alexander I. Tachmes ,left, and Mark E. Grafton,right, of Shutts & Bowen.Courtesy photos Live Local Act: Incentives to Build More Affordable Housing in Fla.
The act seeks to spur additional development of affordable housing by increasing funding, preempting certain local land use and zoning regulations, and providing new tax exemptions. The act also prohibits local governments from enacting rent control regulations such as those seen in New York City and San Francisco.
May 04, 2023 at 10:44 AM
7 minute read
Board of Contributors
The Live Local Act (SB 102), which was signed into law on March 29 by Gov. Ron DeSantis, has been heralded by many as one of the most significant affordable housing laws in decades. The act seeks to spur additional development of affordable housing by increasing funding, preempting certain local land use and zoning regulations, and providing new tax exemptions. The act also prohibits local governments from enacting rent control regulations such as those seen in New York City and San Francisco.
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