St. Pete City Council will vote on a resolution supporting ten items aimed at improving conditions on the Southside at its meeting Thursday. The items are recommended by the Citizens Advisory Committee to be funded through the first round of appropriations from the newly created Southside Community Redevelopment Area.
Five of the proposals would use county-approved Tax Incremental Funds to provide direct grants to businesses, property owners and residents within the Southside CRA.
An Affordable Multifamily Housing Development program would provide yearly property tax rebates for up to fifteen years on increases to property taxes for those who develop new or substantially renovated affordable multifamily housing.