The state Legislature passed the Live Local Act in 2023 to encourage developers to build affordable housing in Florida. One of the ways it seeks to do this is by offering a property tax exemption for middle-income, multifamily developments—a type of housing designed to be affordable for renters who earn between 80% and 120% of local median income. While potentially beneficial, the middle-income tax exemption has several problems that—if not addressed by the Legislature—could make it of little value to many developers statewide.