Live Local Act Breakdown Provided by the East Central Florida Regional Planning Council Housing Policies from the Live Local Act (LLA) ○ Allows cities and counties (C&C) to approve affordable housing developments, including mixed-use residential developments (MU), on any land zoned for commercial or industrial use so long as at least 10% of units are affordable. ○ Requires C&C to allow multifamily (MF) and MU as allowable uses in any area zoned for commercial, industrial, or MU if at least 40% of the units are affordable for at least 30 years. For MU projects, at least 65% of the total sq. ft. must be for residential purposes. - The C&C may not require the project to obtain a zoning or land use change, variance, or comp. plan amendment for zoning, height, or density. - A C&C may not restrict the density of the project below the highest allowed density on any land in the C&C where residential development is allowed. - A C&C may not restrict the height of the project below the highest currently allowed height for a commercial or residential building located within 1 mile of the project or 3 stories, whichever is higher. - The project must be approved if it satisfies the C&C’s land development regulations for MF projects in areas zoned for such use and is otherwise consistent with the comp. plan, with the exception of regulations for densities, height, and land use. - The C&C must consider reducing parking requirements for the project if it is within a half mile of a major transit stop. - A C&C with less than 20% of its land designated for commercial or industrial uses is required to approve a MF project as a MU project. ○ By October 1, 2023, and every three years thereafter, C&Cs must create an inventory of all lands it owns that are “Appropriate for use as affordable housing”. - Requires independent districts within C&Cs to also develop a similar inventory. - Requires C&Cs to make their inventories publicly available on its website.
PREEMPTIONS PROHIBITS LOCAL GOVERNMENTS FROM IMPOSING RENT CONTROLS
Housing Investments •
$259M for the State Apartment Incentive Loan (SAIL) Program
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$252M for the State Housing Initiatives Partnership (SHIP) Program
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$100M for the newly codified Hometown Heroes Program
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$100M for an Inflation Response Program
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$100M for a Live Local Tax Donation Program
Housing Incentives •
New option for C&Cs to provide tax exemptions for projects with at least 50 units, and at least 20% are affordable to households at or below 60% AMI
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○ Requires each manager of conservation lands to include in its land management plan identified conservation lands that may be appropriate for transfer to a C&C and used for affordable housing.
Property tax incentives for non-profit owned land, leased for a minimum of 99 years and made affordable to households up to 120% AMI
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○ Within 10 days of an applicant submitting a development application to a C&C, If the C&C does not provide notice that the applicant has not submitted the properly completed application, the application will be automatically deemed completed and accepted.
Property tax exemption for MF projects with more than 70 affordable units for households up to 120% AMI
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New sales tax refund on building materials used for affordable housing projects
○ Requires C&Cs to maintain on its website a policy on procedures and expedited processing of building permits and/or development orders required by law to be expedited.