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Restoration and Revitalization

As a result of the American Recovery and Reinvestment Act (ARRA), TSHA was requested by HUD to expand its five (5) year plan to include greater detail of needed capital improvements. TSHA’s architect firm conducted a 20% physical inspection of TSHA's properties to assist TSHA in the completion of a detailed physical needs assessment. TSHA’s architect prepared 30-50 year life projections as pursuant HUD requirements.

TSHA secured the services of an experienced real estate development firm to partner with TSHA in the redevelopment of public housing properties for which TSHA has or plans to submit tax credit applications with the Florida Housing Finance Corporation (FHFC). Applications were submitted in 2009 for Mango Circle (Eagle Ridge Estates) and for Lime/Boyer/Morgan (Oak Ridge Estates) sites. TSHA’ tax credit application for Oak Ridge Estates was accepted. TSHA will be making future applications based upon available funding. HUD Demolition/Disposition applications will be prepared and submitted as applicable.






Oak Ridge Estates

Oak Ridge Estates is a revitalized affordable housing community development of sixty-two (62) units located in Tarpon Springs, Florida. Oak Ridge Estates has been developed utilizing a mixed-finance method of development to create units of mixed-income housing. Funding sources include Low-Income Housing Tax Credits (LIHTC), equity funding from Pinellas County and Tax Credit Exchange Program Funds which are administered by the Florida Housing Finance Corporation (FHFC). All sixty-two (62) units are LIHTC units with twenty–one (21) of those units designated Public Housing (PH) units which receive Annual Contributions Contract (ACC) subsidies. Oak Ridge Estates serves households with incomes not to exceed sixty percent (60%) of the Area Median Income (AMI). Oak Ridge Estates is privately managed by Norstar Accolade Property Management. For more information, contact the management office at: (727) 940-5370.





Tarpon Springs Housing Authority
500 South Walton Avenue Tarpon Springs, FL 34689-4714
(727) 937-4411
www.tarponhousing.com