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26-0211A — Multifamily residential rental housing facility (210 units) in Pinellas County, FL

This case involves TEFRA hearing approval and tax-exempt bond financing for Bay Pointe Tower, a 210-unit multifamily rental housing project in South Pasadena serving moderate and lower-income residents. The $15.7M Housing Revenue Bond financing, combined with low-income housing tax credits and construction financing, carries no fiscal impact on the County. Developers seeking affordable housing financing through conduit bonds should monitor this precedent case for the HFA's process and requirements.

Case number26-0211A
TypeOther
Location880 Oleander Way South, South Pasadena, Florida
CountyPinellas County
Proposed useMultifamily residential rental housing facility (210 units)
PetitionerHousing Finance Authority of Pinellas County
OwnerBay Pointe Preservation, LP
Hearing2026-03-24
Hearing bodyPinellas County Board of County Commissioners
Staff recommendationapprove
Statusnew

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