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Florida TaxWatch’s report, More States Are Using State-Level Tax Credits to Address Affordable Housing Deficits, examines the mounting challenges of affordable housing in Florida amid a national crisis. The report highlights how shortages in affordable rental and homeownership options are impacting lower-income and workforce households, with Florida facing particularly acute deficits.
By analyzing the effectiveness of federal programs like the Low-Income Housing Tax Credit alongside emerging state-level tax credit initiatives, the report illustrates how these financial incentives can stimulate construction, reduce public costs, and boost local economic activity. In addition, it offers policy recommendations aimed at strengthening Florida’s housing affordability framework and supporting community stability.