St. Pete recommends $40.85 million in disaster-recovery funding for six affordable housing projects
/St. Petersburg has recommended six affordable housing projects for a combined $40.85 million in federal disaster-recovery funding, a major investment that would add or preserve 645 affordable apartments across the city.
The recommendations follow a competitive Request for Applications process through the city’s Affordable Rental Housing Program.
City Council is expected to finalize the awards on September 17th.
The money comes from the U.S. Department of Housing and Urban Development (HUD) through its Community Development Block Grant-Disaster Recovery program.
Congress appropriated the funding following Hurricanes Idalia in 2023 and Helene in 2024, and HUD awarded St. Petersburg $159.884 million directly for long-term recovery work.
HUD designated the entire city as a Most Impacted and Distressed area, allowing St. Pete to use the funding for housing, infrastructure, economic revitalization and mitigation connected to the storms.
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St. Pete-Clearwater International Airport (PIE) is shelving its terminal expansion plans in favor of a renovation project to modernize the existing facility.
Located in north St. Pete at 14700 Terminal Boulevard, PIE serves more than 2 million travelers annually and offers nonstop routes to more than 60 cities, primarily through Allegiant Air.
Since 2023, the airport has been preparing for an expansion that would add gates for existing and future airlines, consolidate Transportation Security Administration (TSA) checkpoints, and improve passenger boarding.
However, as engineers and architects developed schematic designs, the cost of the terminal expansion climbed from a projected $110 million to more than $200 million.
After meetings with airport staff, the Federal Aviation Administration (FAA), and the TSA, a new priority emerged: modernizing the current terminal and addressing aging infrastructure.