What Florida’s 2026–2027 State Budget Means for Homeowners
Florida homeowners may soon see policy changes that affect property taxes, housing affordability, and neighborhood infrastructure as part of Governor Ron DeSantis’ proposed Floridians First 2026–2027 State Budget.
The proposal outlines the Governor’s recommended spending priorities for the upcoming fiscal years and will be reviewed through Florida’s legislative budget process. While the budget has not yet been finalized, several provisions are particularly relevant to current homeowners and prospective buyers across the state.
Proposed Property Tax Relief
A key component of the proposed budget is $300 million dedicated to supporting the implementation of property tax relief statewide. If approved by the Legislature, this funding would assist local governments in managing property tax policies at a time when rising home values have increased assessed values for many homeowners.
For property owners, this proposal signals continued attention to containing tax burdens and stabilizing long-term ownership costs, although final impacts will depend on legislative approval and local implementation.
Proposed Housing Programs Affecting Homebuyers and Owners
The proposed budget also recommends continued funding for housing programs designed to expand access to homeownership and stabilize housing markets, including:
$170.8 million for the State Housing Initiatives Partnership (SHIP) program, which supports down payment assistance, home rehabilitation, and local housing initiatives.
$72.9 million for the State Apartment Incentive Loan (SAIL) program, aimed at increasing the supply of affordable rental housing.
$50 million for the Hometown Heroes Housing Program, which provides down payment and closing cost assistance to essential workers such as teachers, first responders, healthcare workers, and veterans.
If enacted, these programs could help reduce barriers to homeownership, ease pressure on housing supply, and support neighborhood stability.
Infrastructure Investments That May Influence Property Values
Beyond housing programs, the proposed budget includes significant investments in transportation, water quality, and environmental infrastructure. These investments can have long-term effects on residential communities by improving:
Road access and commute efficiency
Stormwater management and flood mitigation
Environmental quality and water systems
For homeowners, infrastructure improvements often contribute to stronger property values, improved livability, and reduced risk exposure over time.
Why Homeowners Should Pay Attention
Although the budget is still in the proposal stage, it provides insight into policy priorities that could shape Florida’s housing and real estate landscape in the coming years. Homeowners and buyers should closely monitor:
Legislative changes to property tax policy
Final funding levels for housing assistance programs
Infrastructure projects that may affect local development
Timing and implementation of approved initiatives
Understanding how these proposals evolve into enacted law can help homeowners make informed decisions about property ownership, financing, and long-term planning.
More Info Here: https://www.flgov.com/eog/news/press/2025/governor-ron-desantis-announces-floridians-first-2026-2027-budget