City expands affordable housing rebate program
July 21, 2023 - The City of St. Petersburg has expanded its Rebates for Affordable Residential Rehabs Program, which was initially solely offered to the South St. Petersburg Community Redevelopment Area (CRA). The program, which will now be accessible citywide, was created to help address supply cost increases and boost the quality of affordable housing by providing a rebate of up to 40%. Eligible homeowners in St. Pete can apply for funding to cover improvements such as structural repairs, plumbing/electrical upgrades and the construction of an accessory dwelling unit (ADU). Applicants must make a minimum investment of $10,000 per residential unit on eligible building improvements through licensed contractors.