The bill amends existing Florida statutes to enhance the provision of affordable housing. It mandates that local governments must adopt ordinances allowing accessory dwelling units in areas zoned for single-family residential use, without increasing parking requirements. Additionally, the bill specifies that such ordinances do not apply to planned unit developments or master planned communities. It also establishes a new section requiring the Florida Housing Finance Corporation to create a model program utilizing mezzanine finance to promote affordable housing for owner occupancy, in consultation with the Shimberg Center for Housing Studies at the University of Florida.

Furthermore, the bill authorizes local governments to offer density bonus incentives to landowners who donate real property for affordable housing, specifically targeting housing for military families. The donated properties must be deemed suitable for affordable housing by the local government and must have deed restrictions to ensure their continued use for this purpose. The act is set to take effect on July 1, 2025.

Statutes affected:
H 247 Filed: 163.31771, 420.615