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South Florida Live Local Summit

Tue Jan 28, 2025

Coundown Until event

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South Florida Live Local Summit

Transforming Florida’s Multifamily and Affordable Housing Landscape

Tuesday January 28 2025 @ 8:00 AM EST

$109.00

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Speakers and Panels

Rep. Vicki Lopez

Rep. Vicki Lopez

District 113, Florida House of Representatives
Dan Kodsi

Dan Kodsi

CEO, RPC Holdings
Lauren Goebel

Lauren Goebel

Development Director, Hanover Company

Why Attend the South Florida Live Local Summit

Why This Matters: Florida is grappling with one of the most severe housing affordability crises in the nation, particularly in regions like Miami, where 60% of residents are cost-burdened by housing expenses. With rapid population growth and rising demand for both affordable and workforce housing, the Live Local Act marks a pivotal shift in how the state addresses these challenges. The Act’s zoning reforms and tax incentives offer new pathways for development but also present complex legal, financial, and logistical hurdles for developers and local governments. These changes have the potential to redefine Florida’s real estate landscape, influencing everything from urban planning and infrastructure development to economic growth and housing accessibility. As South Florida continues to attract new residents and businesses, understanding how to effectively implement the Act is essential to creating sustainable, resilient communities and ensuring long-term economic stability

 

What You Will Learn:

  • Understanding Key Provisions: How does the Live Local Act require local governments to administratively approve projects and what key provisions of the Act will simplify the approval process for affordable housing developments?
  • Impact on Zoning Reforms: How are developers able to exceed local zoning limits, including height restrictions, for affordable housing projects in commercial and mixed-use areas, and what has been the effect of these changes on new proposals across Florida?
  • Financial Incentives: What financial opportunities does the Live Local Act provide through $259 million in low-interest loans and over $250 million in grants, and how can developers leverage these funds for affordable housing projects?
  • Public-Private Partnerships: How is the Live Local Act encouraging collaboration between developers and local governments, and how can public-private partnerships be used to achieve housing goals, especially through the use of public lands?
  • Construction Cost Challenges: With labor and material costs rising by over 15% in 2022, how are developers adapting to manage these costs while maintaining affordability for projects developed under the Live Local Act?
  • Balancing Affordable and Luxury Developments: With South Florida experiencing a boom in luxury developments and Miami alone seeing a 30% rise in luxury housing prices, affordable housing projects are competing for land and resources. How does the Live Local Act affect South Florida’s real estate market, particularly regarding the balance between developing affordable housing and ongoing luxury projects?
  • Long-Term Impact on Florida’s Housing Market: By incentivizing affordable housing through zoning and tax reforms, the Act aims to address Florida’s growing housing gap, where more than 40% of renters are considered cost-burdened. Projections suggest that by 2030, Florida will need over 825,000 additional affordable rental units to meet demand. What long-term goals does the Live Local Act aim to achieve, and how is it expected to influence Florida’s housing market over the next decade in terms of affordability, sustainability, and urban development?

 

For questions regarding content, speaking and sponsorship opportunities please email our Senior Event Producer, Virginia Baker, at virginia.baker@bisnow.com. To request disability-related accommodations, please contact ariel.fromm@bisnow.com no later than seven business days prior to the event.

Agenda

Time Activity
8:00 AM
9:00 AM
Registration, Networking, & Breakfast
9:00 AM
9:20 AM
Unpacking the Live Local Act: Legislative Breakdown and Immediate Impacts
The Live Local Act is a comprehensive approach to addressing Florida’s housing crisis, incentivizing affordable housing development through zoning reforms and tax incentives. Explore the act’s key provisions, its immediate effects on housing development, and the responsibilities it places on local governments.
9:20 AM
10:05 AM
Affordable Housing Development: New Opportunities and Challenges under the Live Local Act
The Live Local Act introduces new incentives for affordable housing but also brings challenges in terms of development costs and regulatory compliance. Explore strategies for building profitable, sustainable, and compliant affordable housing projects under the new framework.
10:05 AM
10:15 AM
Networking Break
10:15 AM
11:00 AM
Future-Proofing Florida’s Real Estate Market: The Live Local Act and Beyond
As the Live Local Act reshapes the real estate market, it also sets the stage for long-term changes in Florida’s infrastructure and economic development. What does the future hold for the state’s housing, transportation, and broader real estate sectors?
11:00 AM
11:30 AM
Post-Panel Networking

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