Pinellas County and partners have added thousands of new affordable homes to the community in recent years, but that’s only a start. Homes for Pinellas is a partnership among local governments across the county who have agreed to work together to address the critical shortage of homes that are affordable for everyone.
This $80-million fund dedicated to expanding affordable housing over the next decade is available to support qualified development and rehabilitation projects. The program uses revenue from the voter-approved 1-percent sales tax along with other public and private investments to preserve and develop more affordable housing. The County is looking for a variety of applicants, including developers who specialize in affordable housing and those who traditionally build market-rate developments as well as municipal and nonprofit partners.
Pinellas County, Forward Pinellas and the four largest municipalities are expected to adopt a countywide housing compact in 2021, which sets a common vision and guidelines for adding more affordable housing in every community. After the compact is adopted by other municipalities and stakeholders, the partners will create an Affordable Housing Action Plan with specific goals for producing more affordable units that meet the community’s needs in the coming years.
The Affordable Housing Action Plan will share data, create an outreach program for the community, and set long-term goals and annual targets for creating new housing.
The toolkit will provide help local governments learn from each other’s successes to create regulations that increase the amount and diversity of available homes.
View the full article in Tampa Bay Times https://www.tampabay.com/news/real-estate/2021/09/07/in-tampa-bay-it-takes-three-minimum-wage-jobs-to-make-rent-report-says/
View Full article in Catalyst https://stpetecatalyst.com/pinellas-county-oks-funding-new-affordable-housing-projects-totals-23-4m-commitment/
View the full article in Tampa Bay Times https://www.tampabay.com/news/real-estate/2021/12/01/as-florida-house-prices-climb-demand-increases-for-manufactured-homes/
View Full Article in Tampa Bay Times: https://www.tampabay.com/news/pinellas/2021/11/08/a-17-million-affordable-housing-development-is-coming-to-st-pete/
View Full Article in Catalyst: https://stpetecatalyst.com/forward-pinellas-adopts-compact-agreement-with-county-to-address-affordable-housing-needs/
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