Applying for the Penny for Pinellas Affordable Housing Program

To qualify for Penny for Pinellas Affordable Housing Program funds, prospective projects must include affordable units for income qualified households. The Board of County Commissioners (BCC) has adopted program guidelines to prioritize projects based on a number of factors, including, but not limited to, range of incomes served, number of units and financial commitment by the project developer. These guidelines were developed by a countywide committee including local municipal agency partners and can be found on the program website. 

Applicants seeking funding for eligible projects will be required to submit an application that is reviewed and scored based on weighted project categories, and then forwarded to the Board of County Commissioners for consideration.

Program Highlights

  • The County has committed $80 million over the next decade to use with public and private investment for the development and preservation of affordable housing units.
  • Funds may be used for land acquisition or for capital projects associated with the development, construction and major rehabilitation of housing units affordable to the local workforce.
  • Allowable project types can vary greatly, but household income levels must fall under 120% Area Median Income (AMI) with a particular focus on those households under 80% AMI.
  • In addition to program funding, Pinellas County has a number of other incentives available to facilitate affordable housing development (i.e. density bonuses, regulatory flexibility, etc.)

Housing Project Framework


Increase the number of affordable housing units throughout Pinellas County by supporting the development of new affordable units and preservation/rehabilitation of existing affordable units.

Eligible Projects

  • Minimum 10 affordable units / No Maximum Unit Count
  • A Minimum of 30% of the units must be affordable 

Eligible Use Of Funds

  • Land Acquisition as authorized by Florida Statute Section 212.055(2)(d)(1)(e)  All land acquired with designated land acquisition funds will remain in ownership by a local government or special district.
  • Capital Projects as authorized by Florida Statute Section 212.055(2)(d)(3)  Includes the hard costs associated with site improvements, infrastructure and building construction including major rehabilitation of existing units.

Ineligible Use Of Funds

Financing, administrative or operating costs (other restrictions may apply)

Project Scoring

Each category is weighted based on funding preferences. The scoring will help staff prepare recommendation reports for each application to the Board of County Commissioners. The County will include the scoring results, the adopted program guidelines, and other quantitative and qualitative information to develop project recommendations

What You’ll Need To apply

To apply for funds, a complete application including supplemental developer and project information must be submitted. Please note: applications will only be eligible for review if all of the required documents are included. Please review the application for the required documents, which include:

  • Articles of Incorporation
  • Insurance Documentation
  • Evidence of Site Control
  • Property Information
  • Preliminary Site Plan
  • Development Schedule
  • Development Budget Sources and Uses

How to Apply 

  • Review the Sample Application
  • Gather necessary documents
  • Apply online

Timeline of Application Cycles

Round 1 June 29-August 31, 2020 (Complete)

On January 12, 2021, the Board of County Commissioners (BCC) approved four projects recommended by staff. More information on the approved projects can be found by clicking the links below:

Round 2 October 1-November 30, 2020 (Complete)

Applications are currently under review.

Round 3 February 1-March 31, 2021

Applications available February 1st with a March 31st submittal deadline.

Round 4 August 2- September 30, 2021

Applications available August 2 with a September 30th submittal deadline.

Graphic of application process. 1. Application. 2. Initial Review. 3. Multi-department review and scoring. 4. Forward to BCC. 5. BCC Aware determination and delegation of authority. 6. Begin due diligence period.