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Tax Exemptions Florida Real Estate Development

Bilzin Sumberg

2025 Live Local Act - Update to Rent Limits

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The Florida Housing Finance Corporation (“FHFC”) recently published the 2025 Income Limits and Rent Limits. These figures reflect more than a 9% increase in most jurisdictions’ rent limits applicable to qualifying Live Local...more

Bilzin Sumberg

Florida Live Local Act 2024 (SB328) Signed Into Law: Executive Summary and Application Examples

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Florida Governor DeSantis just signed into law Senate Bill 328 (“SB328”), the enhancement to last year’s Live Local Act (“LLA” or “SB102”). The amendments made to the Live Local Act by SB328 are significant in both benefits...more

Bilzin Sumberg

Live Local Act: New Ad Valorem Tax Exemptions for Affordable and Workforce Housing

Bilzin Sumberg on

Over the past several years, the Florida legislature has increased and expanded the tax exemptions for affordable housing projects in order to incentivize the development of additional affordable housing projects. In Senate...more

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