The Live Local Act, recently signed by Florida Governor Ron DeSantis, is expected to create more affordable rental housing by offering multifamily developers new tax breaks, funding, streamlining permits, and overriding some state zoning. This act will allow new apartment development in some formerly restricted areas and is being hailed as a boon for developers to meet the demand of Florida's rising population. It is also being praised by lending officials as an incentive to shift to the affordable housing sector which will be more resilient in economic conditions. It is hoped that this act will help provide affordable housing for Florida seniors on fixed incomes.