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Market Report

SW Florida Commercial Real Estate Market Report

DeSantis Signs "Live Local Act" Into LawDeSantis Signs ‘Live Local Act” Into Law

by Kerry Smith and Maria Martin
Gov. DeSantis signed SB 102, the broad-based pro-housing bill backed by Florida Realtors, into law on Wed. It “does so many amazing things,” says Pres. Mike McGraw.

NAPLES, Fla. – Gov. Ron DeSantis signed Senate Bill 102, known as the “Live Local Act,” on Wednesday morning. The bill creates a comprehensive, statewide workforce housing strategy to increase affordable, attainable housing options for Florida workers who hope to live in the communities they serve. The governor signed the legislation following a press conference held at Founders Square in Naples.

Collier County Tax Infrastructure One Cent Surtax UpdateCollier County Infrastructure One Cent Surtax Update

In 2018 Collier County tax payers voted in the Collier County Infrastructure One Cent Surtax. Of all these funds collected the last few years, $20M was allocated to facilitate land acquisitions for affordable housing projects in Collier County. At the Board of County Commissions (BCC) meeting on March 28th, the board unanimously adopted the Affordable Housing Advisory Committee’s (AHAC) proposed plan for private land owners and developers to submit their projects to Collier County in effort to utilize these funds to create affordable housing units in Collier County. The Land must be purchased by the County but can utilized the Collier County Community Land Trust (CCCLT) in a JV effort with a 100 year land lease to retain permanent affordable housing in Collier County.  You can watch the full discussion on this matter by CLICKING HERE and click on section 11.F in the agenda below the video. Additional materials can be downloaded from the BCC HERE.

To learn more about the CCCLT and their mission, please see their website at:

For additional information you may contact our Managing Broker of KOVA CG, Todd Sabin who has served on the Board of the CCCLT since its inception in 2020.



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