Tampa boosts funding for affordable housing by $20M

Tampa’s Community Redevelopment Agency is getting $20.2 million in new funding for affordable housing initiatives after its board approved a revised budget Dec. 8.

According to a statement from the agency, its Citizens Advisory Committees has spent several weeks recently going over budgets in an effort to increase funding for affordable housing in the city’s eight CRA districts.

Lynn Hurtak, CRA chair, says in the statement that “we’ve not only reached the 30% budget goal in funding affordable housing but nearly doubled the amount of money we can allocate from CRA budgets toward solutions to the housing shortage in Tampa.”