Hillsborough, Pinellas, St. Pete and Tampa win rental assistance money
The U.S. Department of the Treasury has highlighted the Hillsborough County government for its outreach strategy to mitigate evictions during the ongoing housing crisis. The reward? An additional $2.55 million to help pay the rent for about 500 families. The money will be available to spend in March, according to a county spokesperson. St. Petersburg also received $2.55 million, and Pinellas County received $1.34 million from this round of funding through the Emergency Rental Assistance Program,…Original Article
The company is building 96 affordable housing units on Seminole Boulevard.
Tampa Bay homeowners saw the value of their homes increase over the last two years, with historic growth over the past few years. Real estate data platform ATTOM released its quarterly home equity report to see which states had the largest share of equity-rich homeowners in the third quarter of 2022. Despite the growth in home prices slowing in the second half of last year, most American homeowners still saw home equity increase. Households are considered equity rich, or "house rich," when the…
DevMar Development has sold The Metro, a newly built 100-unit residential project in St. Petersburg’s Edge district, for $28.2 million. Mark DeMaria, CEO of St. Pete-based DevMar, confirmed to the Tampa Bay Business Journal that the seven-story building was sold to a private investment firm, which has offices throughout the U.S. and London, Luxembourg. Jad Richa, managing director of Capstone Apartment Partners Florida, was the broker for the transaction. According to Richa, the sale price was…
The penthouse has panoramic views on Sand Key.
While home prices are decreasing, Miami and Tampa Bay are still among the top in the nation.
Since the start of the new year, there's indications buyers may be — albeit slowly — reentering the housing market, owing in part to mortgage rates that've stabilized since 2022's volatility.
The New York developer came to town on Saturday and hinted that availability — both for residences and office space — is quickly running out.
The Central Florida city is expected to see 88 new units for those earning less than 80% of area median income.
Palm Lake Christian Church has plans to transform the vacant portion of its property on 22nd Avenue N into a residential development. The church at 5401 22nd Ave. N filed a site plan with the city of St. Petersburg that shows plans for a three-story building on the northeast side of the property designed as housing for those living with disabling conditions. It will have a total of 72 beds. The church also wants to build 14 one-story casitas — or garden cottages — on the property’s northwest…