In Florida, a recently passed historic affordable housing bill is facing criticism for being a 'fake affordable housing bill' that allows developers to receive 'Live Local' tax breaks. These incentives are granted even to owners of existing luxury apartments without the requirement to build new affordable units, leading to what some describe as a 'giant giveaway' of tax dollars to developers. Local officials argue that the bill has not benefited regular working people and has resulted in a loss of control over local planning. As complaints mount, Florida lawmakers are considering adjustments to the law.
Less than a year after #Florida lawmakers passed affordable housing bill, communities across the state are in an uproar. Local officials complain they've lost control of local planning. https://t.co/gT4mPHMjmV via @lmower3 & @bbehrendttimes
The fake affordable housing bill written by developers and supported by Florida lawmakers from both parties allows owners of existing luxury apartments to seek significant tax breaks even if they build no new affordable housing. It’s a giant giveaway of tax dollars to developers. https://t.co/fPtfld4OuH
Florida lawmakers look to tweak affordable housing law as complaints pour in https://t.co/MvklrtY5TQ https://t.co/Km3nZiUu18
NEW: Florida passed historic affordable housing legislation last year. But some communities believe a key component has helped developers w/out providing any new affordable housing. “It doesn’t help the regular working people." w/@bbehrendttimes: https://t.co/YU21FTRGFJ
Florida builders seek millions in ‘Live Local’ tax breaks, build few affordable units https://t.co/ZUxHXZjpuL
The state wants developers to provide affordable housing, yet the state can’t even provide affordable energy. https://t.co/gvUDuvpMJg