FL H0051

Creates a $2,000 tax credit per qualified employee for businesses that provide housing to formerly homeless employees at rent not exceeding 50% area median income limits set by Florida Housing Finance Corporation

Provides an additional $1,000 tax credit per qualified employee if the housing is "converted housing" (property that was idle, unoccupied, or abandoned for at least 24 months before rehabilitation)

Caps total tax credits at $5 million annually, distributed on a first-come, first-served basis through the Department of Commerce

Qualified employees must have been homeless immediately before receiving employer-provided housing and must have first received such housing within the previous 3 years

Unused credits may be carried forward up to 2 taxable years but cannot be transferred; effective date is July 1, 2026, with credits available for taxable years beginning January 1, 2027