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Live Local update clears FL Legislature with nearly universal support

The bill, which now goes to the governor, is an update of the $711 million affordable housing bill that passed last year.

By Louis Llovio
| 2:00 p.m. March 4, 2024
| 0 Free Articles Remaining!

CIG Communities considered shelving a Naples apartment project until it learned the Live Local Act could help offset increased costs.

Florida

Legislation tweaking the Live Local Act has won near unanimous approval and is now headed to Gov. Ron DeSantis, who is expected to sign it.

Senate Bill 328 makes changes to the original legislation — passed last year to spur the development of affordable housing in the state — to, in part, address concerns from some localities and to strengthen its provisions.

The bill passed the House 112-1 last week after clearing the Senate 47-0 on Feb 7.

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Louis Llovio

Louis Llovio is the deputy managing editor at the Business Observer. Before going to work at the Observer, the longtime business writer worked at the Richmond Times-Dispatch, Maryland Daily Record and for the Baltimore Sun Media Group. He lives in Tampa.