NAPLES, Fla. — Governor Ron DeSantis hosted a press conference in Naples on Wednesday.
He was joined by Senate President Kathleen Passidomo and House Speaker Paul Renner at South Street-Founders Square.
They call it part of building our future where he signed the ‘Live Local Act,’ which bans rent control, gives tax breaks to developers
The bill creates tax exemptions for developments that set aside at least 70 units for affordable housing and would speed permits and development orders for affordable-housing projects.
In a statement earlier this month, Kathleen Passidomo, R-Naples, said the measure aims to end “affordable housing stereotypes” in creating options needed by the workforce. She also pointed to continued population growth and the demand for housing.
“It is clear that the broad appeal of the free state of Florida has impacted our population and our housing needs,” Passidomo said.
The bill passed the House 103-6 to pass a bill (SB 102) and the Senate unanimously passed the measure on March 8.
The bill would provide money for a series of programs, including $252 million for the longstanding State Housing Initiatives Partnership, or SHIP, program, $150 million a year to the State Apartment Incentive Loan, or SAIL, program, and an additional $100 million for the Hometown Heroes program, which is designed to help teachers, health-care workers, and police officers buy homes.
The state budget for the current year includes $362.7 million for affordable housing.
WATCH NOW | Governor DeSantis in Naples
