The transformational Live Local Act (SB 102) becomes law
The St. Johns County Housing Finance Authority is a partner in the Sadowski Coalition, the Sadowski Affiliates, and a supporter of the Sadowski Education Effort. The Sadowski Coalition is a nonpartisan collection of 42 statewide organizations. These organizations have been instrumental over the years in providing education on affordable housing to legislators and carrying the message of the importance of housing and the need for all Sadowski funds to be used for Sadowski housing programs.
The Live Local Act (SB 102) is the vehicle for a number of affordable and workforce housing policies and includes a record $811 million of funding for affordable housing programs It maintains the high level of funding for Florida’s State Housing Initiatives Partnership (SHIP) and State Apartment Incentive Loan (SAIL) programs. It also specifies local strategies to help increase attainable and affordable housing options – for Floridians of all income levels and all stages of life – throughout the state and includes a record $811 million of funding for affordable housing programs.
Included in the legislation are three new property tax incentives and sales tax exemption for specified affordable housing development; land use tools to facilitate affordable housing in commercial, industrial, and mixed-use areas; encouragement that local governments adopt best practices for publicly owned land; and state guidance and technical assistance on affordable housing policy.