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Florida Live Local Act Provides Incentives to Build Affordable and Workforce Housing | Nelson Mullins Riley & Scarborough LLP

On March 29, 2023, Governor Ron DeSantis signed Senate Bill 102, otherwise known as the Live Local Act, into law, representing the largest investment for housing efforts in Florida.

United statesRon desantisDepartment of revenueJob growth grant fundJob growth grant fund sectionNelson mullins riley scarboroughNelson mullins rileyGovernor ron desantisSenate billLive local actAffordable housingNonprofit ad valorem exemptionPleased landMissing middleFlorida housingHousing property tax exemption

Breaking Down Florida s Live Local Act

Governor Ron DeSantis signed Senate Bill 102 Live Local Act into law, largest investment for housing efforts in Florida history. Unless otherwise expressly provided below the law shall take effect July 1, 2023.

United statesRon desantisJ job growth grant fund sectionH corporation tax donation creditDepartment of revenueJob growth grant fundGovernor ron desantisSenate billLive local actCounty propertyAffordable housingMunicipal approvalMunicipal propertyProperty taxNonprofit ad valorem exemptionPleased land

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