80-unit affordable housing building approved for 4th Street North in St. Pete
/An 80-unit affordable apartment building aimed at addressing the critical need for low-cost housing for seniors has received unanimous approval from the city’s Development Review Commission.
The green light has been given for the Flats on 4th project, a $37.5 million endeavor set to be constructed on a currently undeveloped parcel at the southwest corner of the intersection of 106th Avenue North and 4th Street North in north St. Pete.
The Flats on 4th, a four-story mid-rise building, will house 52 one-bedroom units and 28 two-bedroom units, providing housing options for residents with incomes between 40 to 60 percent of the area median income (AMI).
Read More