Florida SB 1726: Housing

Bill Text

1726 
Housing 
2026-01-09T11:44:06Z 
Citing this act as the “Real Affordable Housing Relief Act”; deleting provisions prohibiting municipalities, counties, or other entities of local government from adopting or maintaining certain laws relating to rent control; authorizing counties and municipalities to create community land bank programs for a certain purpose; providing requirements for the sale of certain property to land banks; providing conditions for the subsequent resale of property acquired by land banks; requiring the Department of Financial Services to adopt a home resiliency grading scale for a specified purpose; creating the Affordable Housing Construction Loan Program for a certain purpose, etc. 
Original Filed Version 
2026 
S 
2026-07-01T00:00:00Z 
GB 
General Bill 
__ 

 Florida Senate - 2026 SB 1726 

 By Senator Smith 

 17-01493B-26 20261726__ 
 1 A bill to be entitled 
 2 An act relating to housing; providing a short title; 
 3 amending ss. 125.0103 and 166.043, F.S.; deleting 
 4 provisions prohibiting municipalities, counties, or 
 5 other entities of local government from adopting or 
 6 maintaining certain laws relating to rent control; 
 7 creating s. 166.0452, F.S.; defining terms; 
 8 authorizing counties and municipalities to create 
 9 community land bank programs for a certain purpose; 
 10 requiring those counties and municipalities to 
 11 establish or approve a land bank for certain purposes; 
 12 requiring certain counties and municipalities to 
 13 develop and annually adopt a community land bank plan; 
 14 providing requirements for such plan; requiring that a 
 15 public hearing on the proposed plan be held before its 
 16 adoption; requiring notice to certain entities; 
 17 requiring that the proposed plan be made available to 
 18 the public within a certain timeframe before the 
 19 public hearing; providing requirements for the sale of 
 20 certain property to land banks; providing that such 
 21 sale is for a public purpose; providing that certain 
 22 persons waive the right to challenge the market value 
 23 of a property under certain circumstances; requiring 
 24 that written notice of a sale of such property be 
 25 provided to certain persons in a certain manner within 
 26 a specified timeframe; authorizing the owner of 
 27 certain property to contest the sale of such property 
 28 and requiring that such property be sold in a 
 29 different manner; specifying that the owner of certain 
 30 property is not entitled to proceeds from the sale or 
 31 liable for certain deficiencies; authorizing land 
 32 banks to buy certain property for less than market 
 33 value under certain circumstances; conveying the 
 34 right, title, and interest in certain property to land 
 35 banks; requiring land banks to offer qualified 
 36 organizations a right of first refusal to purchase 
 37 certain property; providing requirements for the right 
 38 of first refusal; providing conditions for the 
 39 subsequent resale of property acquired by land banks; 
 40 requiring that the proceeds from certain sales be 
 41 reinvested in the community land bank program; 
 42 requiring certain deed restrictions on certain 
 43 property; providing requirements for such deed 
 44 restrictions; requiring certain development owners to 
 45 file specified annual reports; authorizing the 
 46 modification of or addition to deed restrictions; 
 47 requiring land banks to maintain certain records; 
 48 requiring land banks to file annual audited financial 
 49 statements within a certain timeframe; requiring land 
 50 banks to submit an annual performance report to the 
 51 county or municipality, as applicable, by a certain 
 52 date; providing requirements for such report; 
 53 requiring that copies of such report be provided to 
 54 certain entities and made available for public review; 
 55 authorizing land banks to acquire real property in 
 56 specified manners and to hold, manage, and dispose of 
 57 such real property in accordance with the community 
 58 land bank plan; requiring that a specified percentage 
 59 of certain taxes collected be remitted to a land bank 
 60 for a specified duration; requiring that such funds be 
 61 remitted to a land bank in accordance with certain 
 62 procedures; providing applicability; creating s. 
 63 215.55866, F.S.; requiring the Department of Financial 
 64 Services to adopt a home resiliency grading scale for 
 65 a specified purpose; providing requirements for the 
 66 grading scale; requiring the department to create a 
 67 program that uses the grading scale for a specified 
 68 purpose; providing requirements for the program; 
 69 requiring the department to adopt rules; creating s. 
 70 215.55867, F.S.; establishing the Innovative 
 71 Mitigation Solutions Pilot Program within the 
 72 Department of Financial Services for a specified 
 73 purpose; authorizing mortgage lenders and property 
 74 insurers to submit proposals to the department th