The concept is simple: landlords who devote at least a tenth of their apartment buildings to affordable housing can get 75% to 100% off on the property taxes for those units.
Floridians failed to support Amendment 1, which would have increased the state’s homestead exemption by $25,000. Thus far, the proposal is poised to receive less than 60 percent support, meaning it will not meet the threshold needed to pass. It was the only one out of 12 amendments on the ballot to not break the three-fifths threshold. […]
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