Meet Casa Bel-Mar — South Tampa First New Affordable Housing in 15 Years
|
Construction for new housing in the popular South Tampa is underway. The Tampa Housing Authority, in partnership with developer Archway Properties and the woman-owned Signature Property Services, broke ground on a 100-unit, four-story affordable housing project. Casa Bel-Mar will bring one- and two-bedroom units that will rent at below-market rates to those earning 30% to 80% of the Area Median Income. Housing Authority Chief Operating Officer Leroy Moore called the property a rare find in the pricey South Tampa area. "It is very rare because property values there are extraordinarily high." A mission for more affordable housing. The property was previously owned by Palma Ceia Baptist Church. Members were happy to sell for a reasonable price since the property would be used for affordable housing, Moore said. "The church had a mission and a desire to see affordable |
Mayor Jane Castor joins developers at breaking ground of Casa Bel-Mar |
housing. So, it sold the property that made an affordable deal make sense," he said.
