For Land Owners
Live Local Act
The new Live Local Act opens up a lot of new land for the development of affordable housing. Municipalities are now required to approve multifamily projects that are at least 40% affordable as-of-right on any parcel that is zoned commerical, mixed-use, or industrial. If your property is at least 5 acres and is in one of these zoning categories, let's talk! You may be able to receive double the current market value of your land within a four-year period while maintaining ownership!
Property Requirements
Land with the following attributes will meet our requirements:
-
At least 5 highland acres (6 or more is preferred). The presence of wetlands is not a problem, however at least five of the acres must not be wetlands.
-
Land that is zoned for multifamily (R-3), commercial (C-1, C-2, PO), Industrial (I-1, I-2), or mixed-use with a future land use of commercial, industrial, mixed-use or multifamily.
-
Existing road access.
-
We are seeking property all over Central Florida.
How Does the Partnership Work?
The property will be put into a special-purpose LLC and you will receive equity value in the project equal to market value of your property. You will not be required to put any money into the project or to guaranty anything. If for some reason we are not able to close on the financing or get permission for the project, the land will automatically revert to you.
For more information, please click here to request an introductory meeting.