Part one in a series.
As St. Petersburg’s reputation grows, so does its desirability as a place to live. Creeping gentrification of South St. Pete neighborhoods including Palmetto Park, Bartlett Park and Roser Park is making the construction or rehabbing of affordable housing increasingly difficult.
Mike Sutton, CEO of Habitat for Humanity of Pinellas County, says there’s an affordable housing crisis in our midst. The nonprofit, which has operated here since 1985, enters into a contract with potential homeowners: Habitat buys the land, builds the house to suit and assumes the mortgage, then sells the note to a local bank. The sweet spot? An interest-free mortgage, much easier to pay than monthly rent.
Pinellas County Economic Development’s August business workshops, classes and events have been announced. Unless indicated, all events take place at the PCED Epicenter, 13805 58th Street N. Suite 1-200, in Clearwater.
Axios business editor Dan Primack is joined by Axios cybersecurity reporter Shannon Vavra. They talk about the major issues in hacking elections with the midterms coming up and if we can believe the results of the upcoming elections.