Quick view of Florida's Live Local Act
The Live Local Act (SB 102/SB 328) is a landmark Florida law enacted to boost affordable housing by providing over $800 million million in funding, tax exemptions, and zoning preemption. It allows developers to build high-density, mixed-use projects in commercial/industrial zones without traditional local government hearings, provided 40% of units are affordable for 30-50 years. Key Components & Impacts Zoning Preemption: Local governments must approve qualifying projects administratively (without public hearings) in commercial, industrial, or mixed-use areas, say Hillsborough County (.gov) and this YouTube video . Tax Incentives: Developers can receive a to property tax exemption for projects where units are set aside for workers earning up to of the Area Median Income (AMI) . Density & Parking: Projects can match the highest density allowed in the jurisdiction and receive reduced parking requ...