St. Petersburg Leaders Recommend Six Affordable Housing Projects Totaling Over $40 Million
St. Petersburg city leaders have recommended six new affordable housing projects that could add approximately 645 units to the area. These projects are slated for funding through the Community Development Block Grant Disaster Recovery Program, totaling over $40 million. The…
Tampa St. Petersburg, FL, August 4, 2026 —
St. Petersburg city leaders have put forward recommendations for six new affordable housing initiatives that, if approved, could introduce approximately 645 residential units to the city.
The proposed projects are anticipated to receive funding from the Community Development Block Grant Disaster Recovery Program. The total investment allocated for these developments is expected to exceed $40 million.
The St. Petersburg City Council is scheduled to convene on September 17th to make a final decision on the selection and approval of these housing projects. The outcome of this meeting will determine the future of these affordable housing developments.
Details regarding the specific locations or the breakdown of units per project were not immediately available. However, the initiative signifies a significant push towards increasing the availability of affordable housing options within St. Petersburg.
The Community Development Block Grant Disaster Recovery Program is a federal initiative designed to support communities in their recovery from major disasters, often including funding for housing, infrastructure, and economic revitalization.
Story summarized from the original created by Casey Albritton on www.tampabay28.com, see more information here.
