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South St. Petersburg CRA

This web page is designed to provide a range of information to update and educate residents, stakeholders and businesses on the many aspects of the Redevelopment Plan for the South St. Petersburg Community Redevelopment Area.


Upcoming Public Meeting Schedule

Regular Meetings of the Citizen Advisory Committee for the South St. Petersburg CRA are open to the public. Unless otherwise noted, the following meetings will be held at City Hall, 175 Fifth Street North, Room 100. All CAC meetings are televised, although not all will be live. Check listings for broadcast times. 2017 Meeting dates:

  • Tuesday, April 4, 2017 -- 5 p.m. CRA Citizen Advisory Committee Regular Meeting, at Enoch Davis Center, 1111 18th Ave. S. (Please Note LOCATION CHANGE -- for April 4 only)
  • Tuesday, April 4, 2017 -- 6:30 to 8 p.m. South St. Petersburg CRA 2017 TIF Grant Workshop, also at Enoch Davis Center, 1111 18th Ave. S. (The Greenhouse Satellite Training Center)
  • Tuesday, June 6, 2017 -- 5 p.m. 
  • Tuesday, August 1, 2017 -- 5 p.m. 
  • Tuesday, October 3, 2017 -- 5 p.m. 
  • Tuesday, December 5, 2017 -- 5 p.m. 

Documents from Previous Meetings, 2017: 

Documents from Previous Meetings, 2016: 

Materials from Previous Meetings, 2015: 


South St. Petersburg CRA Tax Increment Financing Programs

The South St. Petersburg CRA Grant Program

The South St. Petersburg Community Redevelopment Plan calls for the use of tax increment financing to support private investment in the CRA through a competitive grant program.  Through the five programs described below, the City will provide a matching grant with a maximum cap to encourage commercial and multifamily housing rehabilitation and construction. 

The City will begin taking CRA grant applications on May 8, 2017, with a June 16, 2017, deadline for receipt of application. (Dates subject to change). Property owners and businesses located within the South St. Petersburg CRA are eligible to apply. Click here to see the CRA boundaries.

**Please note that legislation is being considered by the Florida Legislature, which if passed, would end the South St. Petersburg CRA grant program and others like it throughout the state. The City will know by May 5, 2017, if the legislation was approved and whether or not it can proceed with this or any future grant cycle.**

Funding is awarded through a competitive process by which grant applications are ranked according to a scoring system. (Click here to get the most recent draft of the criteria that will be used. City Council is expected to take action on the final criteria on May 4, 2017.) The City has created a Grant Review Committee, comprised of three members of City Council and four members of the Citizen Advisory Committee for the South St. Petersburg Community Redevelopment. The Committee will rank applications and make recommendations to City Council which will approve the grant awards. The Committee will meet in mid-July based on the current application deadline. Date, time and location will be provided at a later date.

In advance of the grant application deadline, City Administration is offering workshops in various locations and satellite office hours at either Enoch Davis Recreation Center or the Childs Park YMCA to assist with preparing the application. Please see below for days and hours:

Workshops

April 18, 2017 (5:30 pm to 7:00 pm) The Greenhouse (City Hall Annex)
440 2nd Avenue North
April 27, 2017 (6:30 pm to 8:00 pm) Greenhouse Satellite Office at Enoch Davis Center
1111 18th Avenue South
May 11, 2017 (5:30 pm to 7:00 pm) The Greenhouse (City Hall Annex)
440 2nd Avenue North
May 18, 2017 (6:30 pm to 8:00 pm) Greenhouse Satellite Office at Enoch Davis Center
1111 18th Avenue South
May 24, 2017 (6:00 pm to 7:30 pm) The Greenhouse (City Hall Annex)
440 2nd Avenue North
June 20, 2017 (2:00 pm to 3:30 pm) The Greenhouse (City Hall Annex)
440 2nd Avenue North

Satellite Office Hours (1:00 pm to 5:00 pm at the following locations)

April 19, 2017 Childs Park YMCA (691 43rd Street South)
April 26, 2017 Enoch Davis Recreation Center (1111 18th Avenue South)
May 3, 2017 Childs Park YMCA (691 43rd Street South)
May 10, 2017 Enoch Davis Recreation Center (1111 18th Avenue South)
May 17, 2017 Childs Park YMCA (691 43rd Street South)
May 24, 2017 Enoch Davis Recreation Center (1111 18th Avenue South)
May 31, 2017 Childs Park YMCA (691 43rd Street South)
June 7, 2017 Enoch Davis Recreation Center (1111 18th Avenue South)
June 14, 2017 Childs Park YMCA (691 43rd Street South)
**June 21, 2017 Enoch Davis Recreation Center (1111 18th Avenue South)
**June 28, 2017 Childs Park YMCA (691 43rd Street South)
**Subject to cancellation depending on the grant deadline.

Staff Contact:

Anthony Chan, Economic Development Specialist
Planning and Economic Development Department
City of St. Petersburg
Ninth Floor
One 4th Street North
St. Petersburg, Florida 33701
(727)551-3279
tony.chan@stpete.org

Please call or email in advance for an office appointment

FY2017 Adopted Budget for the South St. Petersburg CRA Redevelopment Trust Fund

The amount of funding available for any grant cycle is determined by the budget approved by City Council. At its May 4, 2017, meeting the St. Petersburg City Council will be asked to approve the FY2017 budget for the South St. Petersburg CRA Redevelopment Trust Fund.  On March 14, 2017, the Citizen Advisory Committee for the South St. Petersburg CRA recommended the following budget allocations:

Program Percent  Amount

Business Development
    Redevelopment Loan Program
    Commercial Revitalization Program
    Emergency Reserve Fund
 
Education, Job Readiness and Workforce Development 

Housing and Neighborhood Revitalization

40%



 
50%
 
10%

$489,369
$25,000
$50,000
$25,000
 
$611,711
 
$122,342

Total TIF Revenue for FY2017

 

$1,223,422


Programs Providing Direct Incentives to Property Owners and Businesses

On February 4, 2016, St. Petersburg City Council approved Resolution 2016-47 that adopted ten redevelopment programs that will fund investment in the South St. Petersburg CRA. The TIF programs described in this section are direct incentives to the community that were first rolled out in May 2016. The City awarded more than $349,000 in grant funding to over 33 applicants for a variety of commercial revitalization project.  Link to 2016 Awardee List and Map 

Based on the recommended budget, the City expects to have more than $600,000 available to incentivize and encourage private development. This funding will be available for the following programs.

Multifamily Housing Programs: $122,000 recommended for FY2017

Affordable Multifamily Housing Development Program provides an annual property tax rebate for up to fifteen years on increases in ad valorem taxes for all applicable Pinellas County taxing authorities for developers of new and substantially renovated affordable multifamily housing in the CRA. The rebate, which must first be approved by the Agency and City Council, will be based on the increase in ad valorem taxes in the first year the completed project goes on the tax rolls. The maximum award is $50,000 per project per year and both City and County TIF contributions will be used to fund the program.  For the purposes of this program, “affordable housing” is defined as housing meeting the needs of households whose income is 80 percent or below the area median household income. The maximum income and rent levels for this program are based on those established by the Florida Housing Finance Corporation’s SHIP Program.

Multifamily Residential Property Improvement Grant program reimburses approved applicants for eligible exterior and interior improvements on affordable or market-rate residential housing in the CRA. Emphasis will be placed on funding substantial renovations that upgrade vital building systems and sustain and extend the economic life of a structure. The grant program supplements the City’s annual investment in the “Rebates for Residential Rehabilitation” (RRR) but is focused on incentivizing the substantial renovation of multifamily housing (defined as three or more units in a building) by increasing the total grant award allowed for these projects. An applicant may receive a reimbursable grant equaling the lesser of 20 percent of the pre-construction value of eligible improvements or up to $10,000 per unit.  The maximum award for a multifamily project is $90,000.  The program requires a minimum investment of $10,000 toward eligible improvements per residential unit. City and County TIF contributions can be used for this program if used for an affordable project.  Otherwise, only the City share is available. Renovated affordable units must be maintained for at least five years. For the purposes of this program, “affordable housing” is defined as housing meeting the needs of households whose income is 80 percent or below the area median household income. The maximum income and rent levels for this program are based on those established by the Florida Housing Finance Corporation’s SHIP Program.

Business Development: approximately $450,000 recommended for FY2017

Commercial Site Improvement Grant program provides a reimbursable grant to commercial property owners that upgrade their building façades, landscaping, lighting, loading and service areas and other features of their sites visible from the public right-of-way. An applicant may receive a one-for-one matching grant of up to $20,000.  Applicants with properties listed on the Local Register of Historic Places may be eligible for a matching grant of up to $40,000 if the approved work is found compliant with the City of St. Petersburg Historic Preservation Ordinance.  The grant is a reimbursement payable to the applicant upon completion of work.  City and County TIF contributions can be used to fund this program. Priority will be given to applications for properties located on the major commercial corridors in the CRA.  

Commercial Building Interior and Tenant Improvement Grant provides matching grants from the City’s TIF contribution to commercial property owners for interior upgrades with a focus on projects that remedy degraded building systems and extend the economic viability of the building. An applicant may receive a one-for-one matching grant of up to $20,000.  Projects costing $1,000 or less are not eligible for the program. Applicants with properties listed on the Local Register of Historic Places may be eligible for a matching grant of up to $40,000 if the approved work is found compliant with the City of St. Petersburg Historic Preservation Ordinance.  The grant is a reimbursement payable to the applicant upon completion of work.  City and County TIF contributions can be used to fund this program. Priority will be given to applications for properties located on the major commercial corridors in the CRA.  

Commercial Revitalization: $50,000 recommended for FY2017

Commercial Revitalization Program provides grant awards to projects that enhance established business districts by redeveloping properties, decreasing vacancy rates, adding to the tax base, creating jobs, leveraging private sector investment, and improving the quality of life for surrounding neighborhoods through the removal of blight and revitalizing vacant or underutilized properties. The Program is available city-wide and is supported by revenue from both the general fund and the City’s TIF contribution to the South St. Petersburg Redevelopment Trust Fund. (Any project funded from the trust fund must be located in the CRA.)  An applicant may receive up to $50,000.  Projects costing $100,000 or less are not eligible for the program. Priority will be given to applications for properties located on the major commercial corridors in the CRA.

Important Information on the Redevelopment Plan

This section contains official information related to the South St. Petersburg Community Redevelopment Area.


Additional Resources / Bridge Funding Opportunities for Businesses

Below is a list of additional private funding resources available to local businesses that compliment and go above and beyond the amount of resources in the CRA funding process for business financing.


Other Plans and Studies

The area that includes South St. Petersburg Community Redevelopment Area has seen other large planning efforts, whose best elements also need to be incorporated into the proposed plan. Below are links to these most recent plans.


Additional Information

Background Information on the South St. Petersburg Revitalization Effort

Florida’s Community Redevelopment Act

St. Petersburg’s Main Street Districts

South St. Petersburg is fortunate to have two of Florida's forty official Main Street Districts. The Main Street program is an important tool for revitalizing commercial corridors, and has had demonstrated success throughout Florida and the United States. These two districts are:

Business Assistance

The City is dedicated to helping businesses succeed by providing such resources as the Greenhouse, and administering incentive and financing programs. These resources are useful to companies of all sizes from sole proprietorship to Fortune 500 headquarters and everything in between.

  • Economic Development Incentives
  • Financing Programs           

Land Development Regulations

Your ability to use your property is governed by the City’s land development regulations and building codes. The links below will help you understand what you can do with your property and what the requirements are for developing it.


For further assistance pertaining to the South St. Petersburg Community Redevelopment Area, please contact Rick Smith, CRA coordinator, 727-893-7106.

Subscribe to our CRA mailing list or contact us to request more information.

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

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