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Investment Opportunities

Working toward our mission of providing safe, quality housing for persons in need and cultivating healthy, vibrant neighborhoods for Pinellas County, PCHA plans include the development or facilitation of the development of affordable housing designed to serve a range of income qualified lifestyles.   Individuals and families earning up to 150% of the Area Median Income may qualify for housing in broad array of communities operated by PCHA. 

In addition, the acquisition of existing properties with project-based agreements in place provides the housing authority an opportunity to contribute to the preservation of HUD-assisted housing in Pinellas County and oversee long term housing quality for residents with the most modest incomes.  All project based opportunities regardless of size will be considered.

Market rate acquisition opportunities:

PCHA will consider market rate acquisition opportunities where it is determined that the best interests of PCHA and the citizens of Pinellas County would be served.   

  • Existing apartment communities should be in overall good condition, or should be strategically located and priced accordingly to justify acquisition and rehabilitation, or acquisition, demolition and new construction.  
  • Land parcels should have entitlements in place to allow at least 100 apartments.

Other acquisition opportunities with access to schools, transit options, proximity to other property owned or managed by the housing authority, or in communities with severe need for affordable housing may also be considered on a case by case basis.

Proposed properties and land acquisition opportunities should be submitted in writing to:

 

Omar Arce, Director of Planning and Development

Pinellas County Housing Authority

11479 Ulmerton Road

Largo, FL  33778 

(727) 443-7684 ext. 3049