More Money for the Hometown Heroes Housing Program: Senate Bill 328, injects an additional $100 million into the successful Hometown Heroes Housing Program (HHHP), a first-time homebuyer program for hard-working Floridians. It also builds on the policies created in last year’s Live Local Act that spur private investment in affordable housing, and it clarifies changes to local zoning, height and density regulations to ensure counties and cities have the guidance they need to create more affordable housing options in their areas. Effective upon becoming law with HHHP funding effective July 1, 2024.
Seller Flood Disclosure: House Bill 1049 requires a seller to disclose in writing certain flood information to a prospective purchaser at or before executing a contract for the sale of residential property. This disclosure will help buyers make more informed decisions about a property and reduce the number of post-closing disputes that occur. Effective October 1, 2024.