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3.5 Acres MUD Downtown Apopka

3.6 Acres of MUD Property, Live Local Act Qualified zoned for 75+ Units in Downtown Apopka
 
  • 3.65 Acres - Mixed Use Development
  • 3 Points of Ingress/ Egress
  • 100% High & Dry Land
  • TOPO Survey Available
  • Appraisal Available
  • Hot Development Area
  • 100% Tax Exempt for Developers 

 

"Live Local Act" by Governor DeSantis boosts Florida's affordable housing crisis by:

  • Introducing tax exemptions on building materials
  • Providing 100% property tax exemptions for land leased by qualified nonprofit entities for affordable housing.
  • Allocates up to $150 million / Yr to the State Apartment Incentive Loan Program (SAIL) from documentary stamp taxes for affordable housing projects.
  • Incentives for multifamily housing include: using commercially zoned properties for affordable and/or workforce housing
  • Empowering local governments to implement land use mechanisms; like, inclusionary zoning ordinances, to increase affordable housing supply.

 

The Live Local Act Florida is beneficial for:

  • Developers: It provides incentives and tax exemptions for affordable housing projects, encouraging developers to invest in such initiatives.
  • Nonprofit Organizations: The property tax exemptions for land leased for affordable housing purposes benefit qualifying nonprofit entities
  • Local Governments: The Act empowers local governments to implement land use mechanisms to increase affordable housing supply, addressing community needs.
  • Individuals and Families: Increased availability of affordable housing options improves housing affordability and accessibility for residents across Florida.
3.5 Acres MUD Downtown Apopka

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