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Housing Loans and Grants Available for South St. Pete CRA

St. Petersburg, FL - Today, the City of St. Petersburg is launching the next phase of the 2019 cycle of the South St. Pete Community Redevelopment Area (CRA) Grant Program with single-family residential housing-based opportunities for residents.

This year's single-family residential housing-based opportunities include the following loan and grant programs that are exclusive to the CRA:

Affordable Single-Family Homeownership Program
Affordable Single-Family Facade Improvement Grant Program

Additionally, CRA residents are encouraged to take advantage of the below city-wide programs offered by the Housing & Community Development Department:

Purchase Assistance Loans
Home Repair Loans
Barrier Free Loans and Grants

The housing-based opportunities are one of three components that make up the CRA Program - it also includes people-based and place-based opportunities.

Requirements
Each grant has its own application requirements. For more information, visit stpete.org/CRA.

Application Submission
The City will begin accepting applications for the housing-based opportunities starting Monday,
June 17, 2019. Visit stpete.org/CRA to fill out the online interest form and a member of the CRA team will contact you with next steps. Applications are accepted on a rolling, first-come, first-reviewed basis throughout the year. For more details on specific opportunities, visit stpete.org/CRA.

About the CRA Grant Program
The CRA Grant Program was created in 2015 as part of the city's innovative, 30-year revitalization plan designed to help boost private investment in commercial and multifamily residential development in South St. Pete. The CRA is generally located between Fourth St. and 49th St., from Second Ave. N. to 30th Ave. S.

The program is comprised of three buckets of opportunities - place-based opportunities, people-based opportunities and housing-based opportunities. The releases of the remaining opportunities are to be announced.

For more information regarding programs exclusively offered to the CRA, visit stpete.org/cra or
contact Rick Smith at rick.smith@stpete.org or George B. Smith at george.smith@stpete.org.

For more information regarding city-wide housing programs, visit stpete.org/housing or contact
Joshua Johnson at Joshua.johnson@stpete.org.

Housing Loans and Grants Available for South St. Pete CRA

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