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FL S1726
Bill
Status
Introduced
1/9/2026
Primary Sponsor
Carlos Smith
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AI Summary
- Removes the statewide prohibition on local rent control, allowing municipalities and counties to adopt ordinances imposing controls on rents
- Authorizes counties and municipalities to create Community Land Bank Programs to acquire foreclosed properties and sell them to developers for affordable housing construction, with deed restrictions requiring units be affordable to households earning 30-60% of area median income
- Creates a uniform home resiliency grading scale through the Department of Financial Services to measure homes' ability to withstand hurricanes, along with an Innovative Mitigation Solutions Pilot Program for new financial products promoting property mitigation
- Establishes the Retail-to-Residence Tax Credit Program and Affordable Housing Construction Loan Program through the Florida Housing Finance Corporation to incentivize affordable housing development
- Prohibits certain business entities from purchasing residential properties and subsequently leasing them, and restricts such entities from acquiring properties unless listed for public sale for a specified period
Legislative Description
Housing
Last Action
Introduced
1/22/2026
Full Bill Text
No bill text available