
Amendment 3: Property Tax Virtual Town Hall
This November, Florida voters will decide on a constitutional amendment that would significantly cut property taxes for homesteaded properties. It would raise the homestead exemption for non-school property taxes from $25,000 to $150,000 in 2027 and $250,000 in 2028 (indexed for inflation), for Florida residents who own their homestead as of December 31, 2026.Here’s why it matters to us: property taxes are a primary source of local general revenue, the unrestricted operating income counties and cities use to fund services and staff. That revenue often supports the programs that create and preserve affordable housing across Florida.The Housing Action Lab at the Florida Housing Coalition is hosting a virtual town hall on August 11, 2026, from 11:00 A.M. – 12:00 P.M.E.T. to break down what’s in the proposed amendment, how it could affect housing affordability and funding for affordable housing programs in Florida, and to hear from you about how it could affect your work.Bring your questions and perspective. Your input will help shape how we and Florida’s affordable housing community understand and respond to this amendment.