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FL S0328

FL S0328
Affordable Housing


summary

Introduced
01/04/2024
In Committee
02/22/2024
Crossed Over
02/07/2024
Passed
05/16/2024
Dead
Signed/Enacted/Adopted
05/17/2024

Introduced Session

2024 Regular Session

Bill Summary

An act relating to affordable housing; amending ss. 125.01055 and 166.04151, F.S.; clarifying application; prohibiting counties and municipalities, respectively, from restricting the floor area ratio of certain proposed developments under certain circumstances; providing that the density, floor area ratio, or height of certain developments, bonuses, variances, or other special exceptions are not included in the calculation of the currently allowed density, floor area ratio, or height by counties and municipalities, respectively; authorizing counties and municipalities, respectively, to restrict the height of proposed developments under certain circumstances; prohibiting the administrative approval by counties and municipalities, respectively, of a proposed development within a specified proximity to a military installation; requiring counties and municipalities, respectively, to maintain a certain policy on their websites; requiring counties and municipalities, respectively, to consider reducing parking requirements under certain circumstances; requiring counties and municipalities, respectively, to reduce or eliminate parking requirements for certain proposed mixed-use developments that meet certain requirements; providing certain requirements for developments located within a transit-oriented development or area; defining the term “major transportation hub”; making technical changes; providing requirements for developments authorized located within a transit oriented development or area; clarifying that a county or municipality, respectively, is not precluded from granting additional exceptions; clarifying that a proposed development is not precluded from receiving a bonus for density, height, or floor area ratio if specified conditions are satisfied; requiring that such bonuses be administratively approved by counties and municipalities, respectively; revising applicability; authorizing that specified developments be treated as a conforming use under certain circumstances; authorizing that specified developments be treated as a nonconforming use under certain circumstances; authorizing applicants for certain proposed developments to notify a county or municipality, as applicable, of their intent to proceed under certain provisions; requiring counties and municipalities to allow certain applicants to submit a revised application, written request, or notice of intent; amending s. 196.1978, F.S.; revising the definition of the term “newly constructed”; revising conditions for when multifamily projects are considered property used for a charitable purpose and are eligible to receive an ad valorem property tax exemption; making technical changes; requiring property appraisers to make certain exemptions from ad valorem property taxes; providing the method for determining the value of a unit for certain purposes; requiring property appraisers to review certain applications and make certain determinations; authorizing property appraisers to request and review additional information; authorizing property appraisers to grant exemptions only under certain conditions; revising requirements for property owners seeking a certification notice from the Florida Housing Finance Corporation; providing that a certain determination by the corporation does not constitute an exemption; revising eligibility; conforming provisions to changes made by the act; amending s. 196.1979, F.S.; revising the value to which a certain ad valorem property tax exemption applies; revising a condition of eligibility for vacant residential units to qualify for a certain ad valorem property tax exemption; making technical changes; revising the deadline for an application for exemption; revising deadlines by which boards and governing bodies must deliver to or notify the Department of Revenue of the adoption, repeal, or expiration of certain ordinances; requiring property appraisers to review certain applications and make certain determinations; authorizing property appraisers to request and review additional information; authorizing property appraisers to grant exemptions only under certain conditions; providing the method for determining the value of a unit for certain purposes; providing for retroactive application; amending s. 333.03, F.S.; excluding certain proposed developments from specified airport zoning provisions; amending s. 420.507, F.S.; revising the enumerated powers of the corporation; amending s. 420.5096, F.S.; making technical changes; amending s. 420.518, F.S.; specifying conditions under which the corporation may preclude applicants from corporation programs; providing an appropriation; providing an effective date.

AI Summary

This bill aims to promote affordable housing in Florida. Key provisions include: - Requiring counties and municipalities to authorize multifamily and mixed-use residential developments in commercial/industrial areas if at least 40% of units are affordable for 30 years, and prohibiting them from restricting the density, floor area ratio, or height of such developments below certain thresholds. - Requiring counties and municipalities to consider reducing parking requirements for affordable developments near transit, and eliminate parking requirements for mixed-use affordable developments in transit-oriented areas. - Revising the definition of "newly constructed" and eligibility conditions for an ad valorem property tax exemption for affordable multifamily housing projects. - Clarifying the process for property appraisers to review exemption applications and make determinations. - Excluding certain proposed developments near airports from the bill's provisions. - Authorizing the Florida Housing Finance Corporation to preclude applicants from participating in its programs in certain circumstances. - Appropriating $100 million to the State Housing Trust Fund for the Florida Hometown Hero Program. The bill is intended to increase the supply of affordable housing in Florida by reducing regulatory barriers and providing tax incentives for such developments.

Committee Categories

Budget and Finance

Sponsors (3)

Other Sponsors (2)

Community Affairs (Senate), Fiscal Policy (Senate)

Last Action

Chapter No. 2024-188, companion bill(s) passed, see CS/HB 7073 (Ch. 2024-158) (on 05/17/2024)

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