Florida 2024 2024 Regular Session

Florida Senate Bill S0328 Analysis / Analysis

Filed 01/17/2024

                    The Florida Senate 
BILL ANALYSIS AND FISCAL IMPACT STATEMENT 
(This document is based on the provisions contained in the legislation as of the latest date listed below.) 
Prepared By: The Professional Staff of the Committee on Fiscal Policy  
 
BILL: CS/SB 328 
INTRODUCER:  Community Affairs Committee and Senator Calatayud 
SUBJECT:  Affordable Housing 
DATE: January 17, 2024 
 
 ANALYST STAFF DIRECTOR  REFERENCE  	ACTION 
1. Hunter Ryon CA Fav/CS 
2. Hunter Yeatman FP Pre-meeting 
 
Please see Section IX. for Additional Information: 
COMMITTEE SUBSTITUTE - Substantial Changes 
 
I. Summary: 
CS/SB 328 amends various provisions of the Live Local Act (act), passed during the 2023 
Regular Session, which made substantial changes and additions to affordable housing related 
programs and policies at both the state and local level.  
 
As it pertains to the act’s preemption of certain local zoning and land use regulations to expedite 
development of affordable housing, the bill: 
 Removes the directive for local governments to approve qualifying developments in 
industrial areas, leaving the provisions applicable only to areas zoned for commercial and 
mixed-use.  
 Preempts a local government’s “floor area ratio” for qualifying developments.  
 Limits the height preemption by entitling qualifying developments to the highest currently 
allowed height for a building within one-quarter mile (instead of one mile) and provides 
additional considerations if the height of all adjacent buildings are three stories or less.  
 Prohibits qualifying developments within one-quarter mile of a military installation from 
utilizing the act’s administrative approval process and exempts certain airport impacted areas 
from the act’s provisions.  
 Clarifies that a local government’s “currently allowed” density, height, and floor area ratio 
does not include any bonuses, variances, or other special exceptions provided in their 
regulations.  
 Requires developments authorized under the act be treated as a conforming use even after 
expiration of the development’s affordability period and after the expiration of the applicable 
statutes. 
REVISED:   BILL: CS/SB 328   	Page 2 
 
 Modifies parking reduction requirements for qualifying developments located near certain 
transportation facilities.  
 Requires local governments to publish on its website a policy containing procedures and 
expectations for the administrative approval of qualifying developments.   
 Clarifies that only the affordable units in a qualifying development must be rental units. 
 Requires a qualifying development within a transit-oriented development or area to be 
mixed-use residential.  
 
As it pertains to the act’s ad valorem tax exemption for newly constructed multifamily 
developments, the bill makes the following changes:  
 Clarifies that “substantially renovated” units may qualify for the exemption, and provides a 
definition. 
 Requires 10 units, rather than 70 units, to be set aside for income-limited persons and 
families in Florida Keys qualify for the exemption. 
 Clarifies that the Florida Housing Finance Corporation’s (FHFC) duties are ministerial in 
certifying eligibility for exemption, while local property appraisers maintain authority to 
grant tax exemptions. 
 Outlines the method for property appraisers to determine values of tax exempt units. 
 
Finally, the bill appropriates $100 million in non-recurring funds from the General Revenue 
Fund to the FHFC to administer the Florida Hometown Hero Program and makes one 
programmatic change, and expands the authority for the FHFC to preclude developers from 
participating in its programs for certain violations. 
 
The bill takes effect upon becoming a law. 
II. Present Situation: 
Affordable Housing 
One major goal at all levels of government is to ensure that citizens have access to affordable 
housing. Housing is considered affordable when it costs less than 30 percent of a family’s gross 
income. A family paying more than 30 percent of its income for housing is considered “cost 
burdened,” while those paying more than 50 percent are considered “extremely cost burdened.”  
 
What makes housing “affordable” is a decrease in monthly rent so that income eligible 
households can pay less for the housing than it would otherwise cost at “market rate.”
1
 Lower 
monthly rent payment is a result of affordable housing financing that comes with an enforceable 
agreement from the developer to restrict the rent that can be charged based on the size of the 
household and the number of bedrooms in the unit.
2
 The financing of affordable housing is made 
possible through government programs such as the federal Low-Income Housing Tax Credit 
Program and the Florida’s State Apartment Incentive Loan program.
3
 
                                                
1
 The Florida Housing Coalition, Affordable Housing in Florida, p. 3, available at: https://flhousing.org/wp-
content/uploads/2022/07/Affordable-Housing-in-Florida.pdf (last visited Jan. 6, 2024).  
2
 Id. 
3
 Id.  BILL: CS/SB 328   	Page 3 
 
Resident eligibility for Florida’s state and federally funded housing programs is typically 
governed by area median income (AMI) levels. These levels are published annually by the U.S. 
Department of Housing and Urban Development for every county and metropolitan area.
4
 
Florida Statutes categorizes the levels of household income as follows:  
 Extremely low income – households at or below 30% AMI;
5
 
 Very low income – households at or below 50% AMI;
6
 
 Low income – households at or below 80% AMI;
 7
 and 
 Moderate income – households at or below 120% AMI.
8
 
 
Florida Housing Finance Corporation  
The Florida Housing Finance Corporation (FHFC) is a public-private entity created by the 
Legislature in 1997 to assist in providing a range of affordable housing opportunities for 
Floridians.
9
 The FHFC is a corporation held by the state and housed within the Department of 
Commerce (department). The FHFC is a separate budget entity and its operations are not subject 
to control, supervision, or direction by the department.
10
  
 
The goal of the FHFC is to increase the supply of safe, affordable housing for individuals and 
families with very low to moderate incomes by stimulating investment of private capital and 
encouraging public and private sector housing partnerships. As a financial institution, the FHFC 
administers federal and state resources to finance the development and preservation of affordable 
rental housing and assist homebuyers with financing and down payment assistance. 
 
The FHFC may preclude an applicant or an affiliate from participation in any of its programs 
under certain circumstances if the applicant or affiliate has:
11
 
 Made a material misrepresentation or engaged in fraudulent actions in connection with any 
corporation program. 
 Been convicted or found guilty of, or entered a plea of guilty or no contest to, a crime in any 
jurisdiction which directly relates to the financing, construction, or management of 
affordable housing or the fraudulent procurement of state or federal funds.  
 Been excluded from any federal funding program related to the provision of housing. 
 Been excluded from any Florida procurement programs. 
 Offered or given consideration, other than the consideration to provide affordable housing, 
with respect to a local contribution. 
 Demonstrated a pattern of noncompliance and a failure to correct any such noncompliance 
after notice from the corporation in the construction, operation, or management of one or 
more developments funded through a corporation program. 
                                                
4
 U.S. Department of Housing and Urban Development, Income Limits, Access Individual Income Limits Areas – Click Here 
for FY 2023 IL Documentation, available at https://www.huduser.gov/portal/datasets/il.html#2021 (last visited Jan. 8, 2024). 
5
 Section 420.0004(9), F.S. 
6
 Section 420.0004(17), F.S. 
7
 Section 420.0004(11), F.S. 
8
 Section 420.0004(12), F.S. 
9
 Chapter 97-167, Laws of Fla. From 1980 through 1997, the former Florida Housing Finance Agency, placed within the 
former Department of Community Affairs, performed similar duties. 
10
 Section 420.504(1), F.S. 
11
 Section 420.518(1)(a-f), F.S.  BILL: CS/SB 328   	Page 4 
 
Zoning and Land Use Preemption for Affordable Developments 
The Growth Management Act requires every city and county to create and implement a 
comprehensive plan to guide future development.
12
 All development, both public and private, 
and all development orders
13
 approved by local governments must be consistent with the local 
government’s comprehensive plan unless otherwise provided by law.
14
 The Future Land Use 
Element in a comprehensive plan establishes a range of allowable uses and densities and 
intensities over large areas, and the specific use and intensities for specific parcels
15
 within that 
range are decided by a more detailed, implementing zoning map.
16
  
 
The Live Local Act (act)
17
 preempts certain county and municipal zoning and land use decisions 
to encourage development of affordable multifamily rental housing in targeted land use areas. 
Specifically, the act requires counties and municipalities to allow a multifamily or mixed-use 
residential
18
 rental development in any area zoned for commercial, industrial, or mixed-use if the 
development meets certain affordability requirements.
19
 To qualify, the proposed development 
must reserve 40 percent of the units for residents with incomes up to 120% AMI, for a period of 
at least 30 years. 
 
Additionally, the local government may not restrict the density
20
 of qualifying developments 
below the highest allowed density on land within its jurisdiction where residential development 
is allowed, and may not restrict the height below the highest currently allowed height for a 
commercial or residential development in its jurisdiction within 1 mile of the proposed 
development or 3 stories, whichever is higher. 
 
An application for a development must be administratively approved and no further action is 
required from the governing body of the local government if the development satisfies the local 
                                                
12
 Section 163.3167(2), F.S. 
13
 “Development order” means any order granting, denying, or granting with conditions an application for a development 
permit. See s. 163.3164(15), F.S. “Development permit” includes any building permit, zoning permit, subdivision approval, 
rezoning, certification, special exception, variance, or any other official action of local government having the effect of 
permitting the development of land. See s. 163.3164(16), F.S. 
14
 Section 163.3194(3), F.S 
15
 When local governments make changes to their zoning regulations or comprehensive plans some structures may no longer 
be in compliance with the newly approved zoning and may be deemed a “nonconforming use.” A nonconforming use or 
structure is one in which the use or structure was legally permitted prior to a change in the law, and the change in law would 
no longer permit the re-establishment of such structure or use. 
16
 Richard Grosso, A Guide to Development Order "Consistency" Challenges Under Florida Statutes Section 163.3215, 34 J. 
Envtl. L. & Litig. 129, 154 (2019) citing Brevard Cty. v. Snyder, 627 So. 2d 469, 475 (Fla. 1993). 
17
 The “Live Local Act”, Ch. 2023-17, Laws of Fla., made various changes to affordable housing related programs and 
policies at the state and local levels, including zoning and land use preemptions favoring affordable housing, funding for state 
affordable housing programs, and tax provisions intended to incentivize affordable housing development. 
18
 For mixed-use residential, at least 65 percent of the total square footage must be used for residential purposes. 
19
 See ss. 125.01055(7) and 166.04151(7), F.S. 
20
  “Density” means an objective measurement of the number of people or residential units allowed per unit of land, such as 
residents or employees per acre, see s. 163.3164(12), F.S. While the act expressly preempted density, it did not address 
intensity. Intensity is often measured in terms of floor area ratio (FAR). FAR is the measurement of a building’s floor area in 
relation to the parcel or lot that the structure is built on. For a general overview of FAR, see: Metropolitan Council, Local 
Planning Handbook, Calculating Floor Area Ratio, available at: https://metrocouncil.org/Handbook/Files/Resources/Fact-
Sheet/LAND-USE/How-to-Calculate-Floor-Area-Ratio.aspx (last visited Jan. 5, 2024).  BILL: CS/SB 328   	Page 5 
 
government’s land development regulations for multifamily in areas zoned for such use and is 
otherwise consistent with the jurisdiction’s comprehensive plan.  
 
A local government must consider reducing parking requirements for these developments if they 
are located within one-half mile of a major transit stop, as such term is the local government’s 
land development code, and the major transit stop is accessible from the development. 
 
These provisions do not apply to recreational and commercial working waterfronts in industrial 
areas, and only mixed-use residential developments must be authorized under these provisions in 
areas where commercial or industrial capacity is exceptionally limited. 
 
The act specifically requires that except as otherwise provided in the act, a qualifying 
development must comply with all applicable state and local laws and regulations.  
 
These provisions are effective until October 1, 2033.  
 
Ad Valorem Exemption for Newly Constructed Developments 
The ad valorem tax
21
 or “property tax” is an annual tax levied by counties, municipalities, school 
districts, and some special districts based on the taxable value of property as of January 1 of each 
year.
22
 The Florida Constitution allows the Legislature to exempt from ad valorem taxation 
portions of property that are used predominantly for educational, literary, scientific, religious or 
charitable purposes.
23
 The Legislature has implemented these exemptions and set forth criteria to 
determine whether property is entitled to an exemption.
24
 
 
The Live Local Act established a new ad valorem tax exemption for owners of newly 
constructed multifamily rental developments who use a portion of the development to provide 
affordable housing.
25
 Eligible property includes units in a newly constructed multifamily 
development containing more than 70 units dedicated to housing natural persons or families 
below certain income thresholds. However, units subject to an agreement with FHFC are not 
eligible for the exemption.  
 
“Newly constructed” is defined as an improvement substantially completed within 5 years before 
the property owner’s first application for this exemption. The units must be occupied by such 
individuals or families and rent limited so as to provide affordable housing at either the 80 or 120 
percent AMI threshold. Rent for such units also may not exceed 90 percent of the fair market 
value rent as determined by a rental market study.  
 
                                                
21
 For an in depth review of ad valorem taxation and the specific taxes discussed herein, see Florida Senate Committee on 
Appropriations, Bill Analysis and Fiscal Impact Statement, CS/SB 102 (2023) pages 30-34, Feb. 24, 2023, available at 
https://flsenate.gov/Session/Bill/2023/102/Analyses/2023s00102.ap.PDF (last visited Jan. 7, 2024). 
22
 Both real property and tangible personal property are subject to tax. Section 192.001(12), F.S., defines “real property” as 
land, buildings, fixtures, and all other improvements to land. Section 192.001(11)(d), F.S., defines “tangible personal 
property” as all goods, chattels, and other articles of value capable of manual possession and whose chief value is intrinsic to 
the article itself. 
23
 FLA. CONST. art. VII, s. 3(a). 
24
 Section 196.196, F.S. 
25
 Section 196.1978(3), F.S.  BILL: CS/SB 328   	Page 6 
 
Qualified property used to provide affordable housing at the 80 to 120 percent AMI threshold 
receives an exemption of 75 percent of the assessed value of the affordable units, while such 
property providing affordable housing up to the 80 percent AMI threshold receives a complete ad 
valorem tax exemption for the affordable units. 
 
To receive this exemption, a property owner must submit an application by March 1 to the 
property appraiser, accompanied by a certification notice from the FHFC. To receive a FHFC 
certification, a property owner must submit a request on a form including the most recent market 
study, which must have been conducted by an independent certified general appraiser in the 
preceding 3 years; a list of units for which the exemption is sought; the rent amount received for 
each unit, and a sworn statement restricting the property for a period of not less than 3 years to 
provide affordable housing.  
 
The certification process is administered within the FHFC. Their responsibilities include 
publishing the deadline for submission, reviewing each request, sending certification notices to 
both the successful property owner and appropriate property appraiser, notifying unsuccessful 
property owners with reasons for denial. 
 
This exemption first applied to the 2024 tax roll and will expire on December 31, 2059. 
 
Florida Hometown Hero Program 
The Live Local Act established in statute the Florida Hometown Hero Program,
26
 a 
homeownership assistance program administered by the FHFC. Under the program, eligible first 
time homebuyers have access to zero-interest loans to reduce the amount of down payment and 
closing costs by a minimum of $10,000 and up to 5 percent of the first mortgage loan, not 
exceeding $35,000. Loans must be repaid when the property is sold, refinanced, rented, or 
transferred unless otherwise approved by the FHFC. Repayments for loans made under this 
program must be retained within the program to make additional loans.  
 
Such loans are available to those first-time homebuyers
27
 seeking first mortgages whose family 
incomes do not exceed 150 percent of the state or local AMI, whichever is greater, and is 
employed full-time by a Florida-based employer. The borrower must provide documentation of 
full-time employment, or full-time status for self-employed individuals, of 35 hours or more per 
week. 
 
The Live Local Act appropriated $100 million in non-recurring funds to the FHFC to implement 
the Florida Hometown Hero Program for the 2023-2034 fiscal year.
28
 The FHFC obligated the 
full appropriation by August 22, 2023, assisting over 6,400 families and leveraging 
approximately $2 billion in first mortgages.
29
 
                                                
26
 Section 420.5096, F.S. 
27
 The requirement to be a first-time homebuyer does not apply to those qualifying as servicemembers or veterans.  
28
 Chapter 2013-17, s. 44, Laws of Fla. 
29
 See Florida Senate Committee on Community Affairs, Presentation by the Florida Housing Finance Corporation on its 
implementation of the Live Local Act (SB 102 – 2023 Regular Session), Nov. 7, 2023, available at 
https://www.flsenate.gov/Committees/Show/CA/MeetingPacket/5940/10486_MeetingPacket_5940_2.pdf (last visited Jan. 8, 
2024).  BILL: CS/SB 328   	Page 7 
 
III. Effect of Proposed Changes: 
Live Local Zoning and Land Use Preemption  
Sections 1 and 2 of the bill amend ss. 125.01055 and 166.04151, F.S., respectively, to modify 
certain provisions pertaining to the zoning and land use preemption for approving affordable 
multifamily rental developments.  
 
First, the bill removes the directive for local governments to approve qualifying affordable 
multifamily developments in industrial areas, and clarifies that only the affordable units in a 
qualifying development must be rental units.  
 
The bill additionally preempts counties and municipalities on “floor area ratio” for qualifying 
developments. As such, a local government may not restrict the floor area ratio of a proposed 
development below the highest currently allowed residential floor area ratio, pursuant to the 
locality’s land development regulations.  
 
The bill limits the height entitlements for qualifying developments by reducing the distance from 
one mile to one-quarter mile. This change entitles a qualifying development to the highest 
currently allowed height for a commercial or residential building within one-quarter mile 
(instead of one mile) or three stories, whichever is higher. However, the bill provides that if the 
height of each building on property adjacent to the proposed development is three stories or less, 
the local government may restrict the height of the proposed development to 135 percent of the 
tallest adjacent building or 3 stories, whichever is higher.  
 
The bill modifies the parking reduction requirements for qualifying developments by requiring 
local governments to:  
 To consider reducing parking requirements for developments within one-quarter mile of any 
“transit stop” that is accessible from the development;  
 Reduce parking requirements for developments within one-half mile of a “major 
transportation hub”
30
 that is accessible from the development by safe pedestrian-friendly 
means; and  
 Eliminate parking requirements for developments within a transportation oriented 
development or area, as recognized by the local government.  
 
The bill clarifies that the currently allowed density, height, and floor area ratio does not include 
projects authorized under the act or any bonuses, variances, or other special exceptions provided 
in the local government’s land development regulations as incentives for development. 
The bill provides that qualifying developments must be treated as a conforming use after 
expiration of the development’s affordability period of at least 30 years and after the sunset of ss. 
125.01055(7) and 166.04151(7), F.S., on October 1, 2033. However, if at any point during the 
development’s affordability period the development violates the affordability requirement, the 
development must be allowed a reasonable time to cure such violation. If the violation is not 
cured within a reasonable time, the development must be treated as a nonconforming use. 
                                                
30
 The bill defines “major transportation hub” as any transit station, whether bus, train, or light rail, which is served by public 
transit with a mix of other transportation options.  BILL: CS/SB 328   	Page 8 
 
The bill requires a qualifying development within a transit-oriented development or area to be 
mixed-use residential and to otherwise comply with requirements of the local government’s 
regulations applicable to the transit-oriented development except for use, height, density, and 
floor area ratio.  
 
The bill precludes a proposed development located within one-quarter mile of a military 
installation identified in s. 163.3175(2), F.S., from being approved administratively, and  
requires counties and cities to publish on their website a policy containing procedures and 
expectations for the administrative approval of qualifying developments.   
 
Section 5 of the bill amends s. 333.03, F.S., to identify certain airport-impact areas where the 
land use preemption provisions of the act do not apply. Specifically, ss. 125.01055(7) and 
166.04151(7), F.S., do not apply to proposed developments:  
 Within 10,000 feet of the nearest point of any existing airport runway or planned airport 
runway identified in the local government’s airport master plan; 
 Within any airport noise zone identified in the federal land use compatibility table; or 
 That exceeds maximum height restrictions identified in the political subdivision’s airport 
zoning regulation adopted pursuant to this section. 
 
Live Local Ad Valorem Exemption for Newly Constructed Developments 
Section 3 of the bill amends s. 196.1978, F.S., to make the following changes to the ad valorem 
tax exemption for newly constructed developments: 
 Clarifies that units that have been substantially rehabilitated may also qualify for the 
exemption. “Substantial rehabilitation” means the repair or restoration of a unit which 
increases the market value of such unit by at least 40 percent. 
 Requires fewer units in developments located in the Florida Keys
31
 to be set aside for 
income-limited persons and families (10 instead of 70). This acknowledges the stricter land 
development regulations for that area as compared to the rest of the state. 
 Clarifies that FHFC duties are ministerial while property appraisers maintain the ultimate 
authority to grant exemptions. 
 Outlines the method for property appraisers to determine values of exempted units in a 
manner that is similar to other exemptions in statute. 
 
As provided in section 4 of the bill, these changes are intended to be remedial and clarifying in 
nature and apply retroactively to January 1, 2024.  
Florida Hometown Hero Program  
Section 7 of the bill amends s. 420.5096, F.S., to remove the requirement that borrowers provide 
documentation to the FHFC that their full-time employment or self-employment status equates to 
35 hours or more per week.  
 
                                                
31
 As provided in the bill, “…an area of critical state concern, as designated by s. 380.0552 or chapter 28-36, Florida 
Administrative Code…” refers to the City of Key West and the Florida Keys Area, which includes unincorporated Monroe 
County and the municipalities of Layton, Islamorada, Marathon and Key Colony Beach.  BILL: CS/SB 328   	Page 9 
 
Section 9 of the bill appropriates $100 million in nonrecurring funds from the General Revenue 
Fund to the FHFC to implement the Florida Hometown Hero Program.  
 
Precluding Participation in FHFC Programs 
Section 8 of the bill amends s. 420.518, F.S., to expand the authority for the FHFC to preclude 
developers and sponsors from participating in its programs for certain violations, which include: 
 Being debarred from participation in federal housing programs by the U.S. Department of 
Housing and Urban Development; and  
 Materially or repeatedly violating any condition imposed by the corporation in connection 
with the administration of the FHFC, including a land use restriction agreement, an extended 
use agreement, or any other financing or regulatory agreement with the FHFC.  
 
Section 6 of the bill amends s. 420.507, F.S., to conform to the changes provided in section 8. 
 
Effective Date  
Section 10 provides that the bill shall take effect upon becoming a law.  
IV. Constitutional Issues: 
A. Municipality/County Mandates Restrictions: 
Article VII, s. 18(b) of the Florida Constitution provides that except upon the approval of 
each house of the Legislature by a two-thirds vote of the membership, the Legislature 
may not enact, amend, or repeal any general law if the anticipated effect of doing so 
would be to reduce the authority that municipalities or counties have to raise revenue in 
the aggregate, as such authority existed on February 1, 1989. The mandate requirement 
does not apply to laws having an insignificant impact,
32
 which for Fiscal Year 2024-2025 
is forecast at approximately $2.3 million.
33
 
 
The Revenue Estimating Conference has not reviewed the portions of the bill related to 
the ad valorem tax exemption on newly constructed affordable housing developments. 
If the bill does qualify as a mandate, in order to be binding upon cities and counties the 
bill must be approved by a two-thirds vote of the membership of each house. 
B. Public Records/Open Meetings Issues: 
None. 
C. Trust Funds Restrictions: 
None. 
                                                
32
 FLA. CONST. art. VII, s. 18(d). 
33
 An insignificant fiscal impact is the amount not greater than the average statewide population for the applicable fiscal year 
times $0.10. See FLA. SENATE COMM. ON CMTY. AFFAIRS, Interim Report 2012-115: Insignificant Impact (Sept. 2011), 
available at: http://www.flsenate.gov/PublishedContent/Session/2012/InterimReports/2012-115ca.pdf.  BILL: CS/SB 328   	Page 10 
 
D. State Tax or Fee Increases: 
None. 
E. Other Constitutional Issues: 
None. 
V. Fiscal Impact Statement: 
A. Tax/Fee Issues: 
None. 
B. Private Sector Impact: 
With the funding of the Florida Hometown Hero Program, Floridians who are first-time 
homebuyers will have access to zero-interest loans to help pay for their down payment 
and closing costs. 
C. Government Sector Impact: 
The provisions amending the ad valorem tax exemption on newly constructed affordable 
housing, which include substantially renovated improvements and a reduction in required 
units in areas of critical state concern, are stated by the bill to be clarifying in nature, and 
as such should not generate a fiscal impact. To the extent that this clarification attracts 
further development or alters administration of the exemption, local governments may 
see a negative impact. 
 
The bill appropriates $100 million in non-recurring funds from the General Revenue 
Fund to the Florida Housing Finance Corporation to implement the Florida Hometown 
Hero Program. 
VI. Technical Deficiencies: 
None. 
VII. Related Issues: 
None. 
VIII. Statutes Affected: 
This bill substantially amends the following sections of the Florida Statutes:  125.01055, 
166.04151, 196.1978, 333.03, 420.507, 420.5096, and 420.518 
 
This bill creates undesignated section of Florida law.     BILL: CS/SB 328   	Page 11 
 
IX. Additional Information: 
A. Committee Substitute – Statement of Substantial Changes: 
(Summarizing differences between the Committee Substitute and the prior version of the bill.) 
CS by Community Affairs on January 9, 2024: 
The CS makes the following changes to the bill: 
 Changes a percentage relating to height entitlements from 125% to 135%. 
 Clarifies that the non-restricted units in qualifying developments may be offered for 
sale or for rent, but maintains that the affordable units must be rental units.   
 Requires a qualifying development within a transit-oriented development or area to 
be mixed-use residential. 
 Requires counties and cities to publish on its website a policy containing procedures 
and expectations for the administrative approval of qualifying developments.  
 Modifies parking reduction requirements for certain qualifying developments.   
 Expands the authority for the FHFC to preclude developers from participating in its 
programs for certain violations. 
 Changes the title of the bill to Affordable Housing.  
B. Amendments: 
None. 
This Senate Bill Analysis does not reflect the intent or official position of the bill’s introducer or the Florida Senate.