St. Petersburg Housing Authority
Amendment to the 2025 Five-Year Plan
The St. Petersburg Housing Authority (SPHA) is amending its 2025 Five-Year PHA Plan to include provisions related to projects that are undergoing a Restore-Rebuild (formerly known as Faircloth-to-RAD) conversion.
The SPHA is considering several methods to conduct the proposed redevelopment, including Restore-Rebuild, Section 18 Demolition / Disposition, Section 18 / RAD Blend, or any other redevelopment process implemented by HUD.
SPHA is seeking to amend its 2025 Five-Year PHA Plan to insert a new provision into the following Five-Year Plan section:
50075-5Y, Section B.2, Goals and Objectives
SPHA may pursue Restore-Rebuild (f/k/a Faircloth-to-RAD) projects throughout our jurisdiction. This involves the creation of new ACC public housing units under Mixed-Finance and a subsequent conversion to project-based Section 8 (either PBRA or PBV) under RAD. We may designate projects as family, elderly, or elderly/disabled under public housing and may also have these occupancy preferences upon conversion to Section 8. However, we may also have projects with a different occupancy preference under RAD Section 8 than the initial designation under ACC public housing. We may provide rent augmentation to our Restore-Rebuild projects, funded with Section 8 HAP reserves and/or any other HUD-approved rent augmentation sources. These projects may involve new construction, rehabilitation, and/or acquisition.
For certain public housing projects where the SPHA has an ownership interest or control and will spend a minimum amount per unit on rehabilitation or construction, and/or for certain PHA-owned projects, the SPHA may select a project to attach PBVs without utilizing a competitive solicitation process, in accordance with HOTMA. The use of PBVs is consistent with the overall PHA Plan, which is encourages the development of affordable mixed-use, mixed income housing particularly in consort with broader neighborhood revitalization efforts in projects throughout the County.
SPHA may also explore the attachment of PBVs to SPHA-owned projects and/or units.
