Summary
The proposed amendments to Rule 12D-16.002, F.A.C., affect five forms. Amend Form DR-504AFH, Ad Valorem Tax Exemption Application and Return for Multifamily Project and Affordable Housing Property, to provide one application for newly created affordable housing exemptions; including land owned by a non-profit and leased to provide affordable housing; newly constructed multifamily projects certified by the Florida Housing Finance Corporation; and multifamily projects exempted by county or municipal ordinance and certified by the governing entity, as provided in section 8 and 9, Chapter 2023-17, L.O.F.
Amend recapitulation forms DR-403EB, The 20XX Ad Valorem Assessment Rolls Exemption Breakdown of ________ County, Florida; DR-403V, The 20XX Revised Recapitulation of the Ad Valorem Assessment Roll, Value Data; DR-489EB, The 20XX Ad Valorem Assessment Rolls Exemption Breakdown of _________ County, Florida; and DR-489V, The 20XX Preliminary Recapitulation of the Ad Valorem Assessment Roll, Value Data to capture newly created exemptions for affordable housing properties to be reported to the Department.