40-unit affordable townhome project planned for south St. Pete receives city funding

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40-unit affordable townhome project planned for south St. Pete receives city funding

After years of planning, an affordable townhome community is advancing with the help of newly approved funding.

At a Thursday meeting, the St. Petersburg City Council unanimously approved $2.18 million in funding for Habitat for Humanity of Tampa Bay Gulfside to build Pelican Place, a 40-unit affordable townhome community at 2100 18th Avenue South.

The funding is coming from previously allocated Tax Increment Financing (TIF) dollars from the South St. Petersburg Redevelopment District Fund.

The property, valued at $1.43 million and located across from Tangerine Plaza, was sold to Habitat for Humanity for $10, bringing the city’s total financial commitment to over $3.6 million for the project, or $90,000 per unit.

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Habitat for Humanity moves forward on 64 affordable townhomes in south St. Pete

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Habitat for Humanity moves forward on 64 affordable townhomes in south St. Pete

Habitat for Humanity of Pinellas and West Pasco Counties is moving forward on a trio of projects in south St. Petersburg that will bring much needed homeownership opportunities to residents who have been priced out of the market.

The developments add up to a total of 64 units that will be priced for households making up to 80% of Area Median Income (AMI).

On Thursday, St. Petersburg City Council has unanimously approved the sale of a 0.55-acre parcel at 1805 18th Avenue South to Habitat for Humanity for the development of The Grove, which will contain at least 10 affordable townhomes.

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Habitat for Humanity selected to develop two affordable townhome projects in south St. Pete

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Habitat for Humanity selected to develop two affordable townhome projects in south St. Pete

St. Petersburg Mayor Ken Welch has selected affordable housing developer Habitat for Humanity to develop two properties on 18th Avenue South in south St. Pete.

Earlier this year Habitat for Humanity submitted an offer to develop a 44-unit affordable townhome project named Pelican Place on a 2.1-acre city-owned lot across from Tangerine Plaza on the southwest corner of 18th Avenue South and 21st Street. The proposal was one of several that were received for the site.

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Habitat for Humanity plans 44-unit affordable townhome project, Pelican Place, in south St. Pete

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Habitat for Humanity plans 44-unit affordable townhome project, Pelican Place, in south St. Pete

In late January, St. Pete Rising reported on a 96-unit affordable apartment building proposed for south St. Pete. The proposal was the result of an unsolicited offer to purchase a 2.1-acre city-owned lot across from Tangerine Plaza on the southwest corner of 18th Avenue South and 21st Street.

Green Mills Group and Advantage Village Academy, Inc. partnered to submit the offer with plans to build a five-story affordable apartment building catering to households earning between 30-80% of the area median income (AMI). The unsolicited offer triggered a request for proposals process that allowed other interested groups to submit proposals for the site. Alternate proposals were due to the city earlier today.

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