Nelson Mullins partner David Leon was quoted in a Multi-Housing News article discussing rent control proposals across the country, including Florida’s Live Local Act.

Attorney David Leon, a partner at Nelson Mullins and chair of the firm’s affordable housing practice, gets frequent calls from developers in the Northeast about investing in Florida. Leon’s firm has done a lot of work with developers in the area due to the state’s Live Local Act, which bans rent control and incentivizes developers to build affordable and workforce housing with property tax exemptions. The law also makes it easier to build affordable housing in commercial or industrial zones.

Leon told MHN that he knows a developer who has switched plans for a high-end project to develop units for residents with households earning 80 to 120 percent of the Area Median Income to take advantage of the Live Local property tax exemption.

You may access the article here.