City of St. Petersburg Launches New Affordable Rental Housing Program through Sunrise St. Pete

City of St. Petersburg Launches New Affordable Rental Housing Program through Sunrise St. Pete

May 18, 2026 - The City of St. Petersburg is now accepting applications from qualified developers for its Affordable Rental Housing Program under the Sunrise St. Pete initiative, funded by Community Development Block Grant - Disaster Recovery (CDBG-DR) dollars allocated to the City by the U.S. Department of Housing and Urban Development (HUD).

The Affordable Rental Housing Program (ARHP) aims to  meet post-disaster housing demands by providing funds to developers for the construction,  substantial rehabilitation, or conversion of affordable rental housing units for households earning at or below 80% of the Area Median Income (AMI).

The program will be administered through a competitive request for applications (RFA) process, with approximately  $42 million in CDBG-DR funding available to award to qualified projects.

Applications are open now and must be submitted by Friday, June 12, 2026, at 5 p.m.

For more information about eligibility, how to apply, and to view the program guidelines, visit www.stpete.org/ARHP

ABOUT SUNRISE ST. PETE

Sunrise St. Pete is the City of St. Petersburg's disaster recovery program, distributing $159.8 million in federal funding to help residents and communities rebuild after Hurricanes Idalia and Helene. Funding is provided through the U.S. Department of Housing and Urban Development (HUD) Community Development Block Grant - Disaster Recovery (CDBG-DR) program. These funds are allocated to aid in long-term recovery, housing, and infrastructure based on impacts from Hurricanes Idalia and Helene. Learn more about Sunrise St. Pete at www.sunrisestpete.org