The Florida Live Local Act: A Milestone in Affordable and Workforce Housing
Bilzin Sumberg
Development Conference
May 7, 2024
For access to the video, please email marketingmail@bilzin.com.
Anthony De Yurre and Carter McDowell share their observations and thoughts on the implementation of the Live Local Acts of 2023 and 2024, and how they will shape Florida’s real estate market in coming years at Bilzin Sumberg's 5th Annual Development Conference.
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Florida’s rapid population growth and continued business migration have created extraordinary pressure on infrastructure, but they have also opened the door to significant opportunities for private developers willing to think beyond traditional procurement models.
The Florida Housing Finance Corporation (“FHFC”) recently published the 2026 Income Limits and Rent Limits. These figures reflect a 9% increase in most jurisdictions’ rent limits applicable to qualifying Live Local Act projects.
House Bill 1389 (“HB 1389”) was approved by the Florida Legislature on March 13, 2026, and will become law on July 1, 2026, unless signed earlier or vetoed by the Governor.