April 15, 2024
St. Pete Mayor Ken Welch expands the town’s 10-year housing plan
St. Pete Mayor Ken Welch expands the town’s 10-year housing plan

Three years in the past, the Metropolis of St. Pete unveiled its 10-year Housing Alternatives for All Plan, and final week, Mayor Ken Welch introduced an enlargement of the plan’s imaginative and prescient and influence. The transfer comes as a response to the town’s progress and rising home prices and is predicted to positively have an effect on renters and householders alike.

Introduced enhancements to the plan embody assist for renters, plans, monetary help for residents to protect present inexpensive housing and make properties livable for longer, and incentives and strategic funding to provide extra inexpensive models in St. Pete.

Notably, the enhancements considerably increase the variety of inexpensive housing models coming to St. Pete. The Metropolis has already upped the variety of new models in anticipated manufacturing by greater than 1,000, and this replace provides a further 1,050 inexpensive housing models, bringing the entire quantity to virtually 8,000 anticipated inexpensive housing models.

“Housing Alternatives for All is the muse for our work to offer 1000’s of models of inexpensive housing for people and households,” Welch mentioned. “We have now allotted greater than $40 million {dollars} this fiscal 12 months to construct new inexpensive housing models; we’ve got strengthened our partnerships with county leaders, native builders, and non-profits; and we’ve got carried out highly effective protections for renters with our Tenant Invoice of Rights.”

To view the complete plan, go to stpete.org/affordablehousing. Highlights from the ‘Housing Alternatives for All Plan’ embody:

  • The enlargement of the Rebate for Residential Rehab Program to be accessible city-wide in 2023.
  • The launch of the Alternative Housing Program which assists senior residents who’ve lived of their properties for an extended time period, however don’t have the earnings to make mandatory repairs.
  • Metropolis help for heirs in navigating the advanced and expensive probate course of to assist them qualify for help packages and create generational wealth.
  • The enlargement of the zoning necessities to permit extra neighborhoods to construct accent dwelling models (ADUs) and create 400+ models of further housing.
  • Pointers for using $15 million in Penny for Pinellas funding to help builders in buying land to develop inexpensive housing.
  • The brand new NTM-1 zoning class to permit quite a lot of housing varieties with as much as 4 models on an ordinary lot alongside the town’s main corridors.

What to learn subsequent: