Areas of Critical State Concern
What changed between versions
The affordable housing property tax exemption for multifamily projects in areas of critical state concern was removed entirely from this version of the bill.
The bond exemption for Habitat for Humanity projects was clarified to explicitly state that the underlying real property owned by the state or local government cannot be subject to lien rights created under chapter 713.
Building permit allocations for the Florida Keys were updated: the evacuation clearance time threshold was changed from 24.5 hours to 24 hours, and a total of 825 permits were allocated over at least 10 years with specific distribution requirements for Monroe County (539), Marathon (187), Islamorada (71), and Key West (28).
Florida Forever funding for land acquisition in the Florida Keys was extended from the 2017-2018 fiscal year through the 2026-2027 fiscal year, with a minimum of $5 million annually required.
A new definition for 'workforce housing' was added, defining it as residential units restricted for at least 99 years to households deriving at least 70% of income from employment in Monroe County.
The effective date of the act was set to July 1, 2025.