South Florida's Live Local Act: A boost for multifamily financing and Miami housing market

As someone who has spent many years working with commercial real estate clients in South Florida, I have seen the cost of multifamily housing significantly grow year after year, posing a challenge for developers, lenders and, most importantly, for communities that need access to affordable housing. The Live Local Act, a recently enacted piece of legislation in the state of Florida, looks to tackle the issue by offering funding and tax incentives to builders. This approach – which has produced positive…



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