Understanding Florida’s Live Local Act: A Guide for Investors, Lenders, and Developers

Mar 25, 2024

As Florida embraces its commitment to community development, the enactment of the Live Local Act marks a significant milestone. 

This legislation not only underscores the state’s dedication to fostering vibrant, resilient communities but also presents many opportunities for investors, lenders, and developers. At EBI Consulting, we recognize the transformative potential of this legislation and stand ready to guide you through its complexities while highlighting the advantages it offers to your ventures. 

For Investors

The Live Local Act presents a compelling opportunity for investors seeking to align their portfolios with sustainable, community-focused initiatives. By investing in projects that adhere to the Act’s principles, investors can drive positive social impact and realize long-term financial returns.  
EBI offers comprehensive due diligence services tailored to assess project compliance with the Live Local Act, mitigating risks and maximizing investment potential. Our expertise ensures that your investment portfolio reflects both your financial objectives and your commitment to building thriving communities.   

Key Service Offerings for Investors 

  • Phase I and Phase II Environmental Site Assessments  
  • Monthly Construction Monitoring Reports  
  • Hazardous Materials Abatement  
  • Commissioning  
  • Green Certification

For Lenders 

Lenders collaborating under the Live Local Act can capitalize on opportunities in the booming workforce housing sector. The act’s incentives drive increased construction projects, providing a lucrative environment for lenders looking to expand their portfolios.

At EBI Consulting, we offer specialized construction services tailored to meet the needs of lenders financing projects under initiatives like the Live Local Act. Our construction loan monitoring and plan and cost review services provide lenders with comprehensive oversight and assurance throughout the project lifecycle. Through meticulous assessments of construction progress, budget adherence, and project plans, we mitigate risks and safeguard lenders’ interests, ensuring that projects remain on schedule, within budget, and in compliance with regulatory requirements. Our proactive approach empowers lenders to make informed lending decisions, supporting the successful completion of community-focused developments while maximizing financial returns. 

Key Service Offerings for Lenders

  • Construction Plan & Cost Reports (pre-construction property condition assessments) 
  • Monthly Construction Monitoring Reports  
  • High Level Construction Review  
  • Property Monitoring Reports  
  • Peer Review  

For Developers

The FL Live Local Act offers developers the opportunity to benefit from financial incentives and a supportive regulatory environment.. By embracing the Act’s principles, developers can differentiate their projects in the market, attract socially conscious investors and tenants, and foster long-term community goodwill.  

EBI offers a suite of services designed to streamline project compliance with the Live Local Act, from environmental permitting and sustainability consulting to community engagement strategies. Our multidisciplinary approach empowers developers to navigate regulatory requirements seamlessly while delivering projects that enhance both quality of life and economic vitality. 

Key Service Offerings for Developers

  • Zoning and Permitting  
  • Civil Engineering  
  • Site Remediation  
  • Hazardous Materials Abatement

The Live Local Act represents a paradigm shift in Florida’s approach to development, signaling a commitment to building resilient, sustainable communities for generations to come. For investors, lenders, and developers, this legislation presents a myriad of opportunities to drive positive change while achieving their respective objectives. At EBI Consulting, we are dedicated to supporting our clients in capitalizing on these opportunities, providing tailored solutions that ensure compliance, mitigate risks, and maximize returns. 


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