The Live Local Act entitles eligible affordable housing rental projects to certain use, density, intensity, and height standards and such projects must be approved administratively provided the project meets other applicable city development standards.
To be eligible, a project must meet the following criteria:
1. Be in an area zoned for commercial, industrial, or mixed-use.
2. Be a multi-family or mixed-use rental development.
3. At least 40% of the residential units must be affordable to households earning up to 120% of the area median income (AMI) for the Tampa Bay Metropolitan Statistical Area for a period of at least 30 years.
4. If mixed-use development, at least 65% of the total square footage must be residential.
Affordable housing projects meeting these criteria are entitled to the following:
1. Use: Permitted to build multi-family or mixed-use rental projects on any land zoned for commercial, industrial, or mixed-use without a zoning change.
2. Density: Permitted the same density as the highest currently allowed residential density on any land in the city where residential development is permitted.
3. Intensity: Permitted at 150% of the highest currently allowed floor area ratio on any land in the city where development is permitted.
4. Height:
A. Permitted the same building height as what is currently allowed for a residential or commercial building within one mile of the proposed development, or three stories, whichever is higher.
B. If adjacent to a parcel zoned for single-family residential use within a single-family residential development with at least 25 contiguous single-family homes, the height can be restricted to 150% of the tallest building on any property adjacent to the proposed development, the highest currently allowed height for the property provided in the city’s Community Development Code, or three stories, whichever is higher.
5. Parking:
A. Required off-street parking may be reduced if a project is located within one-quarter mile of a transit stop.
B. Required off-street parking must be reduced by at least 20% if a project is located within one-half mile of a major transportation hub or has available parking within 600 feet of the proposed project site, including but not limited to, on-street parking, parking lots, or parking garages.