When it comes to achieving success with a multi-unit housing development project under the Live Local Act (LLA), there are several areas you’ll need to pay attention to. Navigating the regulations and complying with the various aspects of a workforce housing project in Palm Beach will require a team effort, but there are things you can do to make success easier to come by.

As you get started planning and developing your multi-family project in Palm Beach County, call us at Seacoast Consulting Group and keep these areas top of mind to remain LLA-compliant with your build.

• Understand local area median income (AMI) requirements – LLA housing developments must designate 40 percent of their residential units as affordable. Affordability is calculated as a percentage of AMI so understanding local AMI data and how that impacts your rental income potential under the LLA will be key to success.

• Factor in Floor Area Ratio (FAR) adjustments – Under the LLA, municipalities cannot limit the FAR for LLA-compliant projects. This gives developers greater flexibility in how they design their buildings and allows them to develop larger structures on the same parcel of land.

• Plan for parking – Parking is a critical component of any multi-family development, and the LLA provides some relief by allowing parking requirement reductions for projects near transit. For example, if your project is located near public transportation hubs, you may qualify for a 20 percent reduction in parking requirements.

• Work with experienced consultants and contractors – Hiring an experienced construction consultant who understands the nuanced details of the Live Local Act as well as Palm Beach County regulations can save you time and money while expertly steering your project toward success.

• Engage early with local authorities – Although the LLA is a state law, you’ll still need to navigate local zoning codes, building permits and regulatory approvals. All of this can be intensely time-consuming if you don’t know your way around the process. Once again, partnering with a local consultant or contractor who has established relationships can prove beneficial – as can engaging with local planning and zoning departments early in the process.

Contact Us at Seacoast Consulting Group 

Developing a multi-family project in Palm Beach County under the Live Local Act presents unique challenges and opportunities. For help achieving success with yours, contact our team at Seacoast Consulting Group today.