Affordable Housing bill revises zoning laws and tax incentives to promote affordable housing.

The bill amends Florida statutes to promote affordable housing by allowing multifamily and mixed-use residential developments in commercial, industrial, or mixed-use zones. It requires at least 65% of the total square footage in mixed-use projects to be residential. The bill also mandates that at least 40% of residential units in multifamily developments be affordable rental units for at least 30 years. It prohibits municipalities and counties from requiring zoning changes or special exceptions for such developments.

Affordable Housing bill revises zoning laws and tax incentives to promote affordable housing.

The bill amends Florida statutes to promote affordable housing by allowing multifamily and mixed-use residential developments in commercial, industrial, or mixed-use zones. It requires at least 65% of the total square footage in mixed-use projects to be residential. The bill also mandates that at least 40% of residential units in multifamily developments be affordable rental units for at least 30 years. It prohibits municipalities and counties from requiring zoning changes or special exceptions for such developments.