Accessibility Information skip navigation

Housing-based Opportunities

Housing-based opportunities for CRA residents are now available! Fill out the below online form and a member of the CRA team will get in touch with you regarding next steps.

These programs will support both single-family homeownership and the development of multifamily residential. 

Funding will be made available on a first come, first served basis. 

Affordable Single-Family Homeownership Program provides funding to support affordable homeownership for income-eligible households in the South St. Petersburg CRA through direct financial assistance programs. Awards are in the form of loans with a term of 5, 10 or 15 years. **Application forthcoming.

Affordable Single-Family Facade Improvement Grant Program provides funding to income-eligible owner-occupants of single-family homes to upgrade and refresh the exterior of their properties. **Application forthcoming.

Rebates for Residential Rehab Program creates an incentive for private investment in the target area by providing a 20 percent rebate of the cost of specific building improvements to the owner of the residential property.

Affordable Residential Property Improvement Grant reimburses approved applicants for eligible exterior and interior improvements on affordable residential housing in the CRA. An applicant may receive a reimbursable grant equaling up to 40% of the pre-construction value of eligible improvements. **Application forthcoming.

Affordable Housing Redevelopment Loan Program provides funding through a variety of loan products such as bridge loans, loan guarantees, and low-interest or forgivable loans to support affordable housing development in the South St. Petersburg CRA. **Application forthcoming.

Affordable Multifamily Housing Development Program provides an annual incentive for up to 15 years to promote the development of affordable housing in the South St. Petersburg CRA. The incentive, which must first be approved by City Council before undertaking construction, is based on the following formula:

 4 to 30 units  up to $1,000/unit per year
 31 to 99 units  up to $750/unit per year
 100 units or more  up to $500/unit per year

**Application forthcoming.

Affordable Single-Family Homeownership Program provides funding to support affordable homeownership for income-eligible households in the South St. Petersburg CRA through direct financial assistance programs. Awards are in the form of loans with a term of 5, 10 or 15 years. Example Application 

Affordable Single-Family Facade Improvement Grant Program provides funding to income-eligible owner-occupants of single-family homes to upgrade and refresh the exterior of their properties. Example Application

Rebates for Residential Rehab Program creates an incentive for private investment in the South St. Petersburg CRA by providing a 20 percent rebate of the cost of eligible building improvements to the owner of the residential property. For more information, call 727-893-7231 or email permits@stpete.org.

2017 Grant Programs Archive 

Print page Text resize: Increase font size Decrease font size Original font size Updated:

City of St. Petersburg
P.O. Box 2842
St. Petersburg, FL 33731

  • p: 727-893-7111
  • f: 727-892-5102
  • tty: 727-892-5259
Copyright City of St. Petersburg St. Pete TV - Off The Air