Florida Senate - 2024                                    SB 1552
       
       
        
       By Senator Gruters
       
       
       
       
       
       22-01453A-24                                          20241552__
    1                        A bill to be entitled                      
    2         An act relating to housing developments; amending s.
    3         163.3164, F.S.; revising the definition of the term
    4         “urban infill”; amending s. 196.1978, F.S.; conforming
    5         provisions to changes made by the act; amending s.
    6         380.093, F.S.; authorizing the Department of
    7         Environmental Protection to provide certain grants to
    8         community development districts for specified
    9         purposes; authorizing community development districts
   10         to submit a list of certain proposed projects to the
   11         department; amending s. 420.0004, F.S.; revising the
   12         definition of the term “moderate-income persons”;
   13         amending s. 420.50871, F.S.; requiring the total
   14         number of units for certain new developments or
   15         redevelopments to be based on plans that include
   16         certain factors; prohibiting certain projects from
   17         requiring certain tax credits or bond financing;
   18         amending s. 420.50872, F.S.; authorizing the
   19         corporation to use certain contributions for certain
   20         new construction projects to replace obsolete homes in
   21         mobile home parks and manufactured home communities;
   22         prohibiting such projects from requiring certain tax
   23         credits or bond financing; providing an effective
   24         date.
   25          
   26  Be It Enacted by the Legislature of the State of Florida:
   27  
   28         Section 1. Subsection (49) of section 163.3164, Florida
   29  Statutes, is amended to read:
   30         163.3164 Community Planning Act; definitions.—As used in
   31  this act:
   32         (49) “Urban infill” means the development of vacant parcels
   33  in otherwise built-up areas where public facilities such as
   34  sewer systems, roads, schools, and recreation areas are already
   35  in place and the average residential density is at least five
   36  dwelling units per acre, the average nonresidential intensity is
   37  at least a floor area ratio of 1.0, and vacant, developable land
   38  does not constitute more than 10 percent of the area. The term
   39  also includes the development or redevelopment of mobile home
   40  parks and manufactured home communities that meet the urban
   41  infill criteria.
   42         Section 2. Paragraph (a) of subsection (2) of section
   43  196.1978, Florida Statutes, is amended to read:
   44         196.1978 Affordable housing property exemption.—
   45         (2)(a) Notwithstanding ss. 196.195 and 196.196, property in
   46  a multifamily project that meets the requirements of this
   47  subsection is considered property used for a charitable purpose
   48  and is exempt from ad valorem tax beginning with the January 1
   49  assessment after the 15th completed year from the earliest of:
   50         1. The effective date of the recorded agreement on those
   51  portions of the affordable housing property that provide housing
   52  to natural persons or families meeting the extremely-low-income,
   53  very-low-income, or low-income, or moderate-income limits
   54  specified in s. 420.0004;
   55         2. The first day of the first taxable year in which the
   56  property was placed in service as an affordable housing property
   57  that provides housing to natural persons or families meeting the
   58  extremely-low-income, very-low-income, or low-income, or
   59  moderate-income limits specified in s. 420.0004; or
   60         3. The date the property received a certificate of
   61  occupancy or a certificate of substantial completion, as
   62  applicable, allowing the property to be used as an affordable
   63  housing property that provides housing to natural persons or
   64  families meeting the extremely-low-income, very-low-income, or
   65  low-income, or moderate-income limits specified in s. 420.0004.
   66         Section 3. Paragraph (b) of subsection (3) and paragraph
   67  (d) of subsection (5) of section 380.093, Florida Statutes, are
   68  amended to read:
   69         380.093 Resilient Florida Grant Program; comprehensive
   70  statewide flood vulnerability and sea level rise data set and
   71  assessment; Statewide Flooding and Sea Level Rise Resilience
   72  Plan; regional resilience entities.—
   73         (3) RESILIENT FLORIDA GRANT PROGRAM.—
   74         (b) Subject to appropriation, the department may provide
   75  grants to each of the following entities:
   76         1. A county or municipality to fund:
   77         a. The costs of community resilience planning and necessary
   78  data collection for such planning, including comprehensive plan
   79  amendments and necessary corresponding analyses that address the
   80  requirements of s. 163.3178(2)(f).
   81         b. Vulnerability assessments that identify or address risks
   82  of inland or coastal flooding and sea level rise.
   83         c. The development of projects, plans, and policies that
   84  allow communities to prepare for threats from flooding and sea
   85  level rise.
   86         d. Preconstruction activities for projects to be submitted
   87  for inclusion in the Statewide Flooding and Sea Level Rise
   88  Resilience Plan that are located in a municipality that has a
   89  population of 10,000 or fewer or a county that has a population
   90  of 50,000 or fewer, according to the most recent April 1
   91  population estimates posted on the Office of Economic and
   92  Demographic Research’s website.
   93         e. Feasibility studies and the cost of permitting for
   94  nature-based solutions that reduce the impact of flooding and
   95  sea level rise.
   96         2. A water management district identified in s. 373.069 to
   97  support local government adaptation planning, which may be
   98  conducted by the water management district or by a third party
   99  on behalf of the water management district. Such grants must be
  100  used for the express purpose of supporting the Florida Flood Hub
  101  for Applied Research and Innovation and the department in
  102  implementing this section through data creation and collection,
  103  modeling, and the implementation of statewide standards.
  104  Priority must be given to filling critical data gaps identified
  105  by the Florida Flood Hub for Applied Research and Innovation
  106  under s. 380.0933(2)(a).
  107         3.A community development district, as defined in s.
  108  190.003, which is authorized under chapter 190 to fund the
  109  construction or reconstruction of critical assets as authorized
  110  by the enabling ordinance that created the community development
  111  district or as required by a county or municipal development
  112  order.
  113         (5) STATEWIDE FLOODING AND SEA LEVEL RISE RESILIENCE PLAN.—
  114         (d)1. By September 1, 2021, and each September 1
  115  thereafter, the following entities may submit to the department
  116  a list of proposed projects that address risks of flooding or
  117  sea level rise identified in vulnerability assessments that meet
  118  the requirements of subsection (3):
  119         a. Counties.
  120         b. Municipalities.
  121         c. Special districts as defined in s. 189.012 that are
  122  responsible for the management and maintenance of inlets and
  123  intracoastal waterways or for the operation and maintenance of a
  124  potable water facility, a wastewater facility, an airport, or a
  125  seaport facility.
  126         d.A community development district, as defined in s.
  127  190.003, which is authorized under chapter 190 to fund the
  128  construction or reconstruction of critical assets as authorized
  129  by the enabling ordinance that created the community development
  130  district or as required by a county or municipal development
  131  order.
  132  
  133  For the plans submitted by December 1, 2021; December 1, 2022;
  134  and December 1, 2023, such entities may submit projects
  135  identified in existing vulnerability assessments that do not
  136  comply with subsection (3). A regional resilience entity may
  137  also submit proposed projects to the department pursuant to this
  138  subparagraph on behalf of one or more member counties or
  139  municipalities.
  140         2. By September 1, 2021, and each September 1 thereafter,
  141  the following entities may submit to the department a list of
  142  any proposed projects that mitigate the risks of flooding or sea
  143  level rise on water supplies or water resources of the state and
  144  a corresponding evaluation of each project:
  145         a. Water management districts.
  146         b. Drainage districts.
  147         c. Erosion control districts.
  148         d. Flood control districts.
  149         e. Regional water supply authorities.
  150         f.A community development district, as defined in s.
  151  190.003, which is authorized under chapter 190 to fund the
  152  construction or reconstruction of critical assets as authorized
  153  by the enabling ordinance that created the community development
  154  district or as required by a county or municipal development
  155  order.
  156         3. Each project submitted to the department pursuant to
  157  this paragraph for consideration by the department for inclusion
  158  in the plan must include:
  159         a. A description of the project.
  160         b. The location of the project.
  161         c. An estimate of how long the project will take to
  162  complete.
  163         d. An estimate of the cost of the project.
  164         e. The cost-share percentage available for the project.
  165         f. The project sponsor.
  166         Section 4. Subsection (12) of section 420.0004, Florida
  167  Statutes, is amended to read:
  168         420.0004 Definitions.—As used in this part, unless the
  169  context otherwise indicates:
  170         (12) “Moderate-income persons” means one or more natural
  171  persons or a family, the total annual adjusted gross household
  172  income of which is less than 120 percent of the median annual
  173  adjusted gross income for households within the state, or 120
  174  percent of the median annual adjusted gross income for
  175  households within the metropolitan statistical area (MSA) or, if
  176  not within an MSA, within the county in which the person or
  177  family resides, whichever is greater. In counties with a
  178  population of 1 million or more, the term means one or more
  179  natural persons or a family, the total annual adjusted gross
  180  household income of which is less than 140 percent of the median
  181  annual adjusted gross income for households within the state or
  182  140 percent of the median annual adjusted gross income for
  183  households within the MSA, whichever is greater.
  184         Section 5. Subsection (5) of section 420.50871, Florida
  185  Statutes, is renumbered as subsection (6), paragraphs (a) and
  186  (b) of subsection (1) are amended, and a new subsection (5) is
  187  added to that section, to read:
  188         420.50871 Allocation of increased revenues derived from
  189  amendments to s. 201.15 made by ch. 2023-17.—Funds that result
  190  from increased revenues to the State Housing Trust Fund derived
  191  from amendments made to s. 201.15 made by chapter 2023-17, Laws
  192  of Florida, must be used annually for projects under the State
  193  Apartment Incentive Loan Program under s. 420.5087 as set forth
  194  in this section, notwithstanding ss. 420.507(48) and (50) and
  195  420.5087(1) and (3). The Legislature intends for these funds to
  196  provide for innovative projects that provide affordable and
  197  attainable housing for persons and families working, going to
  198  school, or living in this state. Projects approved under this
  199  section are intended to provide housing that is affordable as
  200  defined in s. 420.0004, notwithstanding the income limitations
  201  in s. 420.5087(2). Beginning in the 2023-2024 fiscal year and
  202  annually for 10 years thereafter:
  203         (1) The corporation shall allocate 70 percent of the funds
  204  provided by this section to issue competitive requests for
  205  application for the affordable housing project purposes
  206  specified in this subsection. The corporation shall finance
  207  projects that:
  208         (a) Both redevelop an existing affordable housing
  209  development and provide for the construction of a new
  210  development within close proximity to the existing development
  211  to be rehabilitated. Each project must provide for building the
  212  new affordable housing development first, relocating the tenants
  213  of the existing development to the new development, and then
  214  demolishing the existing development for reconstruction of an
  215  affordable housing development with more overall and affordable
  216  units. The total number of units for a new development or the
  217  redevelopment of an existing affordable housing development
  218  which includes more overall and affordable units must be based
  219  on plans presented by the developer which include factors
  220  related to existing or proposed zoning, financing, and housing
  221  supply needs of the county in which the project is located.
  222         (b) Address urban infill, as defined in s. 163.3164,
  223  including conversions of vacant, dilapidated, or functionally
  224  obsolete buildings or the use of underused commercial property.
  225         (5)A project financed under this section may not require
  226  that low-income housing tax credits under s. 42 of the Internal
  227  Revenue Code or tax-exempt bond financing be a part of the
  228  financing structure for the project.
  229         Section 6. Subsection (2) of section 420.50872, Florida
  230  Statutes, is amended to read:
  231         420.50872 Live Local Program.—
  232         (2) RESPONSIBILITIES OF THE CORPORATION; PROHIBITIONS.—
  233         (a) The corporation shall:
  234         1.(a) Expend 100 percent of eligible contributions received
  235  under this section for the State Apartment Incentive Loan
  236  Program under s. 420.5087. However, the corporation may use up
  237  to $25 million of eligible contributions to provide loans for
  238  the construction of large-scale projects of significant regional
  239  impact, including new construction projects that have received
  240  development assistance from the federal government to replace
  241  obsolete homes in mobile home parks and manufactured home
  242  communities based on a comprehensive redevelopment plan. Such
  243  projects must include a substantial civic, educational, or
  244  health care use and may include a commercial use, any of which
  245  must be incorporated within or contiguous to the project
  246  property. Such a loan must be made, except as otherwise provided
  247  in this subsection, in accordance with the practices and
  248  policies of the State Apartment Incentive Loan Program. Such a
  249  loan is subject to the competitive application process and may
  250  not exceed 25 percent of the total project cost. The corporation
  251  must find that the loan provides a unique opportunity for
  252  investment alongside local government participation that would
  253  enable creation of a significant amount of affordable housing.
  254  Projects approved under this section are intended to provide
  255  housing that is affordable as defined in s. 420.0004,
  256  notwithstanding the income limitations in s. 420.5087(2).
  257         2.(b) Upon receipt of an eligible contribution, provide the
  258  taxpayer that made the contribution with a certificate of
  259  contribution. A certificate of contribution must include the
  260  taxpayer’s name; its federal employer identification number, if
  261  available; the amount contributed; and the date of contribution.
  262         3.(c) Within 10 days after issuing a certificate of
  263  contribution, provide a copy to the Department of Revenue.
  264         (b)A project financed under this section may not require
  265  that low-income housing tax credits under s. 42 of the Internal
  266  Revenue Code or tax-exempt bond financing be a part of the
  267  financing structure for the project.
  268         Section 7. This act shall take effect July 1, 2024.