ORLANDO INDUSTRIAL7.2%+0.4%
MIAMI MULTIFAMILY$3,420+1.2%
TAMPA RETAIL4.8%-0.2%
US-192 CORRIDOR$340/SF+4.1%
30Y FIXED MORTGAGE6.72%-0.08%
FED PROBABILITY (PAUSE)92%+2%
ORLANDO INDUSTRIAL7.2%+0.4%
MIAMI MULTIFAMILY$3,420+1.2%
TAMPA RETAIL4.8%-0.2%
US-192 CORRIDOR$340/SF+4.1%
30Y FIXED MORTGAGE6.72%-0.08%
FED PROBABILITY (PAUSE)92%+2%
ORLANDO INDUSTRIAL7.2%+0.4%
MIAMI MULTIFAMILY$3,420+1.2%
TAMPA RETAIL4.8%-0.2%
US-192 CORRIDOR$340/SF+4.1%
30Y FIXED MORTGAGE6.72%-0.08%
FED PROBABILITY (PAUSE)92%+2%

Can a Live Local Act project receive both the §196.1978 property tax exemption and other affordable housing incentives simultaneously?

Yes. The §196.1978 property tax exemption is not exclusive. An LLA project can stack the property tax exemption with other Florida affordable housing incentives, subject to each program's individual eligibility rules. Most importantly: an LLA project that structures its income restriction at 60% AMI (below the 120% AMI LLA maximum) qualifies for both the property tax exemption AND Low Income Housing Tax Credit (LIHTC) allocation through the Florida Housing Finance Corporation. LIHTC equity, which typically provides $0.85–$0.95 in equity per $1.00 of tax credit, is the most valuable stacking benefit available to LLA projects with deeper affordability. SAIL from Florida Housing is a subordinate loan available to projects with deep affordability commitments. SHIP funding at the county and city level provides additional subordinate financing. Orange County's impact fee waivers for qualifying affordable units (documented in the Durham Place, Sandpiper Glen, and Enclave at Lake Shadow projects, 486 units total) are another layer. The Catchlight Crossings case study ($25M SAIL + $70M bonds + $6.5M LIHTC) demonstrates the maximum stacking potential.