CRA approves $3.5 million for Urban ReWorks Nebraska Avenue affordable housing; board asks city to seek remaining funds

The Tampa Community Redevelopment Agency board voted to provide a $3,500,000 subsidy to Urban ReWorks for a 20-unit affordable housing project on Nebraska Avenue, approving a compromise after extended debate over scoring criteria and how the agency should compare and prioritize projects.

The project team had requested $5,000,000 in CRA support; the East Tampa Community Advisory Committee and CRA staff recommended $2,000,000. After public comment from neighborhood residents, nonprofit leaders and the developer, the board approved $3,500,000 and asked city staff and City Council to pursue additional funding to fill the remaining gap.

The vote came after more than two hours of discussion about how the CRA evaluates proposals. Supporters said the project is a catalytic infill development that will add restricted affordable units quickly in an area with high housing need. The developer, Urban ReWorks, agreed at the board’s prior meeting to a long-term affordability commitment that includes two units at 30% AMI, six units at 50% AMI and 12 units at 80% AMI, with those restrictions tied to a 50-year restriction period.

Project proponents stressed the human toll of the housing shortage. “This project isn’t just another development, it’s a lifeline,” said Shelet Davis of Love, Inc., who described clients seeking housing assistance and the effect on people’s mental health. Several neighborhood residents and local groups — including the West Tampa CDC, Tampa…