Formerly Owned
540 Town Center
Community Overview
Location
540 2nd Avenue South
33701
540 Town Center is situated in St. Petersburg, Florida, overlooking the beautiful Tampa Bay. 540 Town Center was originally built in 1971 by a non-profit organization. HTG performed a comprehensive rehabilitation of all 146 units in 540 Town Center. After signing a Development Agreement with the non-profit owner, HTG applied for and received an allocation of special preservation tax credits through a competitive process with Florida Housing Finance Corporation.
Development & Design Team
Property Type
Affordable Senior
Community Style
High-Rise
Amount of Units
146
Funding
9% Tax Credits
Completion Date
2013