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Pensacola committee links Strive to Thrive goals to housing incentives, CRA readies ADU pilot
Summary
Committee members reviewed the Strive to Thrive housing goals and discussed aligning the city’s incentive plan and SHIP funds to promote affordable rental housing and ADUs; the CRA outlined a pilot rental program offering roughly $75,000–$100,000 per unit in flexible financing.
The City of Pensacola housing committee on Dec. 1 reviewed the Strive to Thrive strategic plan and recommended aligning the committee’s incentive strategies and available SHIP funds with the plan’s housing priorities.
Betsy McDonald, housing director, said the Strive to Thrive plan highlights housing as the top priority and urged the committee to consider overlay districts and incentives that support rental development at 60% of area median income and below. "I really wanted us to start thinking about Strive to Thrive and how it intersects to our incentive plan," McDonald said during the presentation.
Why it matters: Committee…
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