St. Petersburg increases down payment assistance
March 22, 2024 - City Council members unanimously approved increasing down payment assistance from $60,000 to $75,000 for homebuyers in the South St. Petersburg Community Redevelopment Area. While the program is open to residents earning at or below 140% of the area median income, those making less than 80% can qualify for loan forgiveness. Officials are working to secure funding to apply the increase citywide.