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.