FL S1684

Creates a sales tax credit equal to 10 percent of tax due for eligible businesses that employ at least one qualified employee (defined as homeless youth under the McKinney-Vento Act) for a minimum of 3 months.

Establishes a corporate income tax credit of $500 per qualified lease agreement for landlords leasing to recent college graduates (graduated within 5 years) with lease terms of at least 12 months and rent increases capped at 5 percent annually.

Provides an additional $1,000 corporate income tax credit per qualified lease to recent college graduates at affordable rates, requiring landlords to have at least 25 such agreements annually, with total credits capped at 25 percent of tax liability.

Allows an additional corporate income tax credit (5 percent or 10 percent of fair market value depending on sale price discount) when dwelling units are purchased through lease option agreements by recent college graduates for no more than fair market value.

Requires the Shimberg Center for Affordable Housing Studies to include affordable housing rental needs recommendations in annual reports and directs the State Office on Homelessness to coordinate with colleges and universities to provide priority campus housing access to homeless students.