Florida Senate leader lays out bill that explores implications of permanently reducing property taxes

A Florida Republican warned the Hope Florida Foundation it risks losing its tax-exempt status after $10 million in payments went to groups linked to an anti-marijuana legalization political committee. The foundation's board faced disruptions during a meeting discussing delinquent IRS filings. Resignations followed, including the executive director and a board member. Contributions from Medicaid managed

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Senate passes bill making accessory dwellings more available to ease housing crisis

The Senate unanimously passed a bill requiring local governments to allow accessory dwelling units (ADUs) on existing properties, limiting restrictions like parking and homestead exemption denial. ADUs, smaller independent homes, increase affordable workforce housing. Amendments include allowing reusable tenant screening reports and restricting ADU rentals to terms longer than 30 days to prevent short-term vacation

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Northeast Florida single-family permits lowest since 2017

In the first quarter of 2025, single-family homebuilding permits in Northeast Florida dropped to the lowest level since 2017, with 2,272 permits issued, a 31% decrease from 2024. March alone saw 687 permits issued across Clay, Duval, Nassau, and St. Johns counties. Concerns over potential tariffs on building materials could raise costs significantly, impacting home

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Florida bill would shift responsibility when a tree falls on a neighbor’s home

Florida's "Massachusetts Rule" holds homeowners responsible for damage if a neighbor's tree falls on their property. State Senator Jonathan Martin is sponsoring legislation to shift liability to homeowners for trees on their land, arguing it would reduce litigation and insurance costs. However, concerns have been raised about the lack of distinction between healthy and unhealthy

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Northeast Florida home prices slip as inventories keep rising

The median price of single-family homes in Northeast Florida decreased by 1.8% in March to $379,995, down 2.5% from the previous year. Inventory rose 10.2%, reaching the highest level in five years with 8,258 homes available. Closed sales increased by 35.7% to 1,784, while pending sales fell by 12.6%. The Home Affordability Index slightly improved

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