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Month: July 2024

Seminole looks to get rid of state tax exemptions for affordable housing

Seminole looks to get rid of state tax exemptions for affordable housing

Seminole County is poised to become the latest local government to deny large tax cuts to apartment owners who designate a certain number of units as affordable housing to lessen their tax burden under a new Florida housing law.

“It’s helping developers and apartment owners make more money. But it’s not doing anything for the renters and those struggling to pay their rent,” Commissioner Lee Constantine said regarding the property tax exemptions — as high as 75% — under the state’s so-called Live Local Act.

“When they [apartment owners] don’t pay 75% of their taxes, then who ends up paying for those? We do,” Constantine said.

Commissioners on Tuesday will consider a resolution to opt out of granting the exemptions offered under the law. If approved, it will save the county an estimated hundreds of thousands of dollars in tax revenue for the next fiscal year’s budget. The fiscal year starts Oct. 1.

The 2023 law was meant to encourage construction of more affordable housing. In turn, that’s supposed to lower rents because of an increase in supply. read more

Teen-driven Orlando honey brand still buzzing after nearly 7 years

Teen-driven Orlando honey brand still buzzing after nearly 7 years

When she was 15, Jamisha Woodson joined an Orlando-based honey brand and became one of the members of its founding class. She charted one future goal for herself: Be her own boss.

At 22, Woodson returned to honey after creating her own line of hair and skin products — a venture she said earns her a six-figure salary. Mission accomplished.

“I only worked one job my entire life and that’s Black Bee Honey,” she said.

The honey brand started in September 2017 through a city-funded Families, Parks and Recreation Department initiative to teach students in Parramore, a historically Black neighborhood, how to run their own business. The kids do exactly that — they harvest, bottle and sell the honey themselves while enrolling in business classes so they can apply lessons to their own endeavors.

Selling honey was a strategy move. Parramore is one of Orlando’s most-impoverished neighborhoods and home to a food desert.

“From the corner stores, you can’t really get fresh vegetables and fruits, so all you can really find is junk food,” said Francesca Amervil, a 14-year-old at Black Bee. “The purpose of Black Bee Honey is to try and get a healthier alternative for sweet sugar.” read more