Affordable housing penny funds nearly exhausted
Summary
Contracts with St. Vincent de Paul CARES and First Contact would continue rapid rehousing services for people experiencing homelessness.
At a glance
- Total mentions
- 6
- Last 30 days
- 0
Discussed at 1 meeting in the last 60 days; most recently Sep 10, 2026.
Impact analysis
Unknown; no figures provided in the agenda excerpt.
Homeless residents receiving rapid rehousing assistance.
Applicants whose projects exceed remaining funds, including one blocked by an IT error that Commissioner Peters sought to protect.
Mentions & discussions (7)
Board of County Commissioners — September 10, 2026
Contracts with St. Vincent de Paul CARES and First Contact would continue rapid rehousing services for people experiencing homelessness.
Board of County Commissioners - Budget Information Session — June 10, 2026
State housing money was cut 48%, and the county's Penny affordable housing program has only $2.5 million left after $93 million spent, partly due to a state tax elimination.
Board of County Commissioners — March 24, 2026
Only about $2.9 million remains of the housing set-aside while pending applications ask for $37 million — so the program is closing to new applications. Thousands of affordable units are in the pipeline from earlier commitments.
Board of County Commissioners - Work Session — March 19, 2026
The housing penny pot dropped from $99 million to $94 million after the state repealed the business rent sales tax; $91 million is now committed, leaving $3.4 million against $37 million in pending applications. Staff wants to close the program to new applications.
Board of County Commissioners — January 20, 2026
The board committed $6.7 million for 204 apartments in St. Petersburg (122 affordable) and up to $907,000 for Boley Centers — bringing the decade's housing program to $85 million of $99 million committed.
Board of County Commissioners - Work Session — January 15, 2026
The county is about to commit $6.6 million to a 200-unit St. Petersburg complex, bringing its housing program to $85 million of $99 million spent.
Construction begins on $17M affordable housing project
Construction begins on $17M affordable housing project St Pete Catalyst
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