ST. PETE, Fla — A new high rise in downtown St. Pete opened their doors in mid-March to to low income residents and marks the latest milestone in the city’s push for more affordable housing.
Delmar 745 opened March 9 and is a 12-story, 65-unit apartment building in the heart of downtown. The complex includes 22 one-bedroom units and 43 two-bedroom units, with rents ranging from $200 to $600 per month depending on income.
This is the new look for affordable housing in downtown @StPeteFL. Delmar 745 is for low income and working families who make less than $59K annually. Rent is between $200 and $600 a month. New city incentives are going towards more affordable housing @BN9 pic.twitter.com/XtURQkO1nb
— Angie Angers (@angie_angers) March 21, 2022
Families must have an income of less than $59,040 to qualify.
All units at Delmar 745 are accounted for and the city of St. Pete is working towards more affordable housing options.
“I can’t afford to pay $1,500 dollars a month for a one bedroom,” said lifelong resident Bonita Hall. “I’m very thankful that I am getting some assistance because right now you can work very hard and make money and still can’t afford to live in a nice unit.”
Last Thursday, the St. Pete City Council approved an additional $617,000 in incentives from the Community Redevelopment Area fund for 10 single family homes on 12th Ave and 16th St. S. That brings the total incentive to $1.075 million.
Pinellas County Commissioners last Tuesday approved opening $18 million from its portion of Emergency Rental Assistance funds for St. Petersburg residents.