Newly proposed legislation could usher in a new tax credit program aimed at supporting businesses that hire and house employees facing homelessness.

Gainesville Democratic Rep. Yvonne Hinson filed the measure ( HB 51 ) that would incentivize businesses to provide affordable housing to employees in need by offering corporate tax credits.

Florida’s limited supply of affordable housing for low-income families continues to shrink. While there are both subsidized and unsubsidized accommodations, there aren’t enough to meet demand, which contributes to the state’s 27,000-plus homeless population on any given day, according to the Florida Housing Coalition .

For tax years beginning on or after Jan. 1, 2027, a qualified business would be eligible for a base credit of $2,000 for

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