New Florida Bill Strives to Increase Affordable Housing Supply

But it will also eliminate a municipality’s ability to add rent control provisions.

By Barbara Ballinger | April 04, 2023 at 08:02 AM

Like the rest of the country, Florida faces an acute affordable housing crisis. The state’s critical shortage is due in part to its explosion in population. Many who migrated, particularly during the COVID-19 pandemic, were able to afford housing and even bid up prices due to the inventory shortage in the Sunshine State.

A newly passed bill signed into law last week by Governor Ron DeSantis aims to ease this shortage through several strategies.

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