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Shell Dash Townhomes Update 12/07/22

New Affordable Homeownership Opportunity Breaks Ground in South St. Petersburg

 

 

Habitat for Humanity of Pinellas and West Pasco Counties in partnership with Exact – Shell Dash LLC and the City of St. Petersburg broke ground on a ten-unit townhome development located on the 16th Street Business Corridor, bordering the Campbell Park Neighborhood. 

Mike Sutton, President & CEO of Habitat Pinellas and West Pasco, explains the significance of this day. “The housing crisis that we’re in continues to really kind of amplify the challenges so many families are facing in our community. So today’s a good day. We’re able to put some shovels in the ground and really show this community in South Saint Petersburg that, you know, there’s a great project coming.” 

The new development will be exclusively marketed to potential homeowners making less than 80% of the area median income and willing to participate in the Habitat for Humanity program. The townhomes will be two-story three-bedroom, three bathrooms units with a single-car garage. 

Through the Habitat program, homebuyers will be provided a 0% interest mortgage and with a meaningful investment by the City each unit will have a maximum sales price capped at $219,000. DuCon Construction will serve as the general contractor for the development and is a state certified Minority Business Enterprise (MBE). Construction is slated to be completed by Q3 of 2024.

Photo: Habitat for Humanity of Pinellas and West Pasco Counties

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