Real Estate Development and Modernization

The Pinellas County Housing Authority has pulled together a team of staff and professional consultants while partnering with both public and private entities in order to continuously seek out and pursue affordable housing opportunities for development and acquisition.  Striving to fulfill its mission, the Pinellas County Housing Authority is a leader and innovator in providing affordable housing opportunities and continues to build its housing portfolio in order to serve more families in need.

We aim to develop or facilitate development of affordable housing designed to serve a range of income qualified lifestyles. Tenants earning up to 150% of the Area Median Income (AMI) qualify for our consideration under Florida law. The Pinellas County Housing Authority acquires communities in order to build or manage rental communities where the tenant earns up to 120% of the AMI. The tenant would never be charged in excess of thirty percent of the resident’s income.  Accordingly, the Pinellas County Housing Authority’s purchase of land or operating properties aim to reflect similar limitations.

To continue serving residents with a wide range of incomes, acquisition of existing properties with project based agreements in place provides the housing authority an opportunity to oversee long term housing quality for residents with the most modest incomes. All project-based opportunities regardless of size will be considered.

Acquisition opportunities with access to well regarded schools, transit options, proximity to other property owned or managed by the housing authority or in communities with severe need for affordable housing will also be considered on a case-by-case basis.