Pinellas County Commissioners have contributed $37.8 million to help fund 1,146 under-construction affordable housing units; however, supply still lags far behind demand, and the average construction cost is $293,570.
Much of the Oct. 12 work session housing discussion underscored how market challenges mitigate many potential solutions. The commission recently approved increasing down payment assistance from $50,000 to $75,000 for homebuyers earning less than $73,080.
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