Florida's Legislature Tweaks Affordable Housing Law After Pushback, Helping Developers Feel More Secure
"I can tell you personally I'm already receiving numerous calls by clients and prospective clients that are wanting to move forward with development options," said Berger Singerman partner Javier Vazquez.
March 12, 2024 at 12:01 PM
4 minute read
Real EstateWhat You Need to Know
- Florida's Live Local Act got a facelift in the legislature, bypassing local pushback against affordable housing projects.
- With the new amendments, developers are apparently feeling more secure in moving forward with projects tied to the law.
- The amended bill now sits on Gov. Ron DeSantis' desk waiting for his signature.
Florida's Live Local Act, a law meant to spur affordable housing in Florida, is getting tweaked by the state legislature to the delight of developers, who were concerned about some backlash projects tied to the law received.
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