CoStar News
Summary: Florida lawmakers are updating the state’s affordable housing law, the Live Local Act, to address challenges developers face and streamline housing construction. The law, introduced in 2023, provides tax incentives for developers who include workforce housing in their projects but has faced resistance from local governments using zoning rules to slow development. Proposed updates aim to speed up the tax incentives, allowing developers to access them earlier in the approval process, and remove barriers that hinder progress, such as new permit fees and restrictions on density. These changes are seen as essential for addressing Florida’s growing affordable housing crisis. The bills are expected to be passed by the end of Florida’s legislative session in May.