In January, the St. Petersburg City Council approved borrowing $6 million from the Economic Stability Fund to help offset the embattled Deuces Rising Project’s $19.1 million price tag.
Councilmember Lisset Hanewicz noted an additional $6.5 million in federal American Rescue Plan Act funding, the land and previous site work pushed the public subsidy for each of the long-delayed development’s 24 affordable townhomes to over $800,000. "You couldn't run a business like this," she said at the Jan. 18 meeting.
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