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/
Pinellas County and partners have added thousands of new affordable homes to the community in recent years, but that’s only a start. Local governments across the county are finding new, innovative ways to work together to address the critical shortage of homes that are affordable for everyone.
PENNY FOR PINELLAS
AFFORDABLE HOUSING PROGRAM
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.
The County and our municipalities also have a variety of incentives and regulatory tools to make it easier to build affordable homes. Learn more.
5 PROJECTS, 223 AFFORDABLE HOMES completed so far in 2022
5 PROJECTS, 755 AFFORDABLE HOMES currently approved for funding or under construction
2,000+ AFFORDABLE HOMES built, rehabilitated, or preserved since 2017
65 affordable apartment homes in St. Petersburg
PALMS OF PINELLAS
92 mixed-income units that support working families in Largo
82 affordable apartment homes in Pinellas Park
GARDEN TRAIL APARTMENTS
76 affordable apartments near downtown Clearwater
THE HOUSING COMPACT
Pinellas County, Forward Pinellas and the four largest municipalities have adopted a countywide housing compact, which sets a common vision and guidelines for adding more affordable housing in every community. As additional municipalities and stakeholders adopt the compact, our Affordable Housing Action Plan will provide specific goals to meet community 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.