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Part 2/2: Missing Middle Tax Exemption Updates for 2025

The Florida Housing Finance Corporation is preparing to begin processing applications for the Missing Middle Tax Exemption for the 2025 tax year. Some of the deadlines for processing exemption applications have changed. This...more

Live Local Act Rent: 2024 Limits Increased by up to 10%

The Florida Housing Finance Corporation (“FHFC”) recently published their 2024 Income Limits and Rent Limits. These figures show up to a 10% increase in rent limits applicable to qualified Live Local Act projects throughout...more

Florida Live Local Act Tax Exemption Guidance Officially Updated

The Live Local Act provides a property tax exemption of up to 100% of the assessed value of a qualifying project’s units. In order to qualify, a project must contain at least 71 housing units, and must serve housing occupants...more

What Developers and Investors Need to Know About Florida’s Live Local Act

Rising home prices and sustained population growth has resulted in an affordability crunch affecting many of Florida’s top housing markets. In fact, six of the nation’s hottest rental markets are in the Sunshine State....more

Miami Wynwood Norte Zoning Overlay Creates New Development Opportunities

Earlier this year, the Miami City Commission approved a major zoning overhaul for the portion of Wynwood lying north of NW 29th Street—the newly dubbed Wynwood Norte. Given its proximity to the Wynwood Arts District and...more

Making Room for the Condo Hotel and Apartment Hotel in Miami

With the advent of short-term rental solutions such as Sonder, Domio, Guild, and others, the private sector was significantly ahead of the curve in expanding upon housing typology. Their ultimate success was, however, limited...more

Florida Zoning Appeals Law: Miami Beach “Ban” on Short-Term Rentals Ruled Illegal

In recent years, online platforms like Airbnb and HomeAway have made it easier for property owners to enter into the short-term rental market, which allows property owners to generate supplemental income and defray the cost...more

Miami-Dade County Zoning: Administrative Requirements of Workforce Housing Bonuses

In 2007, the Miami-Dade County Board of County Commissioners adopted Ordinance No. 07-05, which created a voluntary Workforce Housing Development Program in order to encourage development of land available for residential use...more

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