Affordable Lot Disposition Program

Project Information

Bid Title
Affordable Lot Disposition Program
Issuing Agency
City of St. Petersburg
Location
Florida
Published Date
Mar 5, 2025
Closing Date
Apr 3, 2025
Government Level
State & Local
Status
Closed
Original Source
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Project Description


Project ID:

Title: Affordable Lot Disposition Program

Addenda: 0

Release Date: 3/5/2025

Due Date: 4/3/2025

Post Information
Posted At:Wed, Mar 5, 2025 10:02 AMSealed Bid Process:Yes (Bids Sealed / Pricing Sealed)Private Bid:No
Overview
Summary

Through this Request for Qualifications, the City of St. Petersburg is seeking qualified developers to construct affordable single-family or multi-family homes on city-owned lots. This program would serve residents at or below 120% Area Median Income (AMI).

Background

The Affordable Lot Disposition Program was created in 2018 in order to utilize vacant city-owned land for affordable housing. The program allows for the City to lease the vacant lots under a Lease and Development Agreement "Lease" to approved developers for the construction and sale of an affordable housing unit for those making less than 120% of the Area Median Income. The program has resulted in the successful construction of over thirty affordable homes, the majority of which reside in the South St. Petersburg Community Redevelopment Area (CRA).

Timeline
Solicitation Published:
March 5, 2025
Deadline for Questions:
March 26, 2025, 12:00pm
Deadline for Question Response:
March 28, 2025, 12:00pm
Deadline for Submittals:
April 3, 2025, 3:00pm
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