City officials are increasing St. Petersburg’s down payment assistance from $60,000 to $75,000; however, state funding changes present new hurdles for citywide expansion.
Dr. Avery Slyker, assistant housing and community development director, highlighted the potential financial pitfalls Thursday at a Housing, Land Use and Transportation Committee meeting. She told city council members the $15,000 increase would align with Pinellas County's program and soaring home prices.
|