St. Petersburg Housing Authority
The St. Petersburg Housing Authority (SPHA) is a quasi-governmental public housing authority serving approximately 4,000 low-income households in St. Petersburg, Florida through three programs: federally funded Public Housing, Housing Choice Vouchers (Section 8), and Affordable Housing operated via its non-profit arm RISE Development Corporation.
- Company typePrivate
- Founded1937
- HeadquartersLos Angeles, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What St. Petersburg Housing Authority does
The St. Petersburg Housing Authority (SPHA), legally known as The Housing Authority of the City of St. Petersburg, is a quasi-governmental public housing authority established in 1930 and headquartered at 2001 Gandy Blvd. North, St. Petersburg, Florida. SPHA's mission is to provide safe, sanitary, accessible, decent, and affordable housing to eligible citizens of St. Petersburg while enhancing resident self-sufficiency. The organization serves approximately 4,000 qualifying low-income households across three core programs: (1) Public Housing, where SPHA owns and operates federally-funded properties for low-income families, elderly, and disabled tenants paying approximately 30% of adjusted monthly income; (2) the Housing Choice Voucher (Section 8) program, the largest affordable housing program in the U.S., which provides portable rental assistance enabling participants to lease from private-market landlords; and (3) Affordable Housing, operated without HUD funding through SPHA-owned properties and its non-profit arm RISE Development Corporation.
SPHA's business model is built on a hybrid of federal funding streams, tenant rent (capped at ~30% of adjusted income), and modest application fees ($50 non-refundable). Primary revenue flows from HUD through capital fund grants, operating subsidies, and HCV program allocations. The organization administers 330 project-based vouchers across senior housing (Bay Pointe Tower, 105 vouchers; Philip Benjamin Tower, 162 vouchers), transitional housing (Pinellas Hope II, 40 vouchers), and veteran housing (Boley Centers and Catholic Charities, 23 vouchers each). Social services include Family Self-Sufficiency, Homeownership, and youth programs (Jordan Park Youth Program).
SPHA maintains a small staff (11-50 employees) and is currently executing an ambitious capital expansion pipeline, including the $3.15M federally funded Edward White Campus redevelopment (71 affordable apartments plus an Evara Health clinic, expected completion early 2027) and active support for the $260M Historic Gas Plant District redevelopment bid, which could deliver over 1,900 additional affordable units. Technology infrastructure consists of commodity third-party platforms (RentPayment by MRI Software, HMS PAL landlord portal, affordablehousing.com, floridahousingsearch.org) rather than proprietary systems. All three program waitlists are currently closed, indicating demand materially exceeds supply in the St. Petersburg market.
St. Petersburg Housing Authority firmographics
Firmographics- Name
- St. Petersburg Housing Authority
- Legal name
- The Housing Authority of the City of St. Petersburg
- Website
- https://www.stpeteha.org/
- Company type
- Private
- Founded year
- 1937
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- The St. Petersburg Housing Authority (SPHA) is a quasi-governmental public housing authority serving approximately 4,000 low-income households in St. Petersburg, Florida through three programs: federally funded Public Housing, Housing Choice Vouchers (Section 8), and Affordable Housing operated via its non-profit arm RISE Development Corporation.
- Ownership category
- akta.pro rank
St. Petersburg Housing Authority industry classification
Industry- Product category
- Public Housing Services
- NAICS
- Lessors of Residential Buildings and Dwellings (53111), Other Community Housing Services (624229), Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (6233), Other Residential Care Facilities (62399)
- SIC
- Operators Of Apartment Buildings (6513), Real Estate Operators (No Developers) & Lessors (6510), Services-Social Services (8300), Services-To Dwellings & Other Buildings (7340)
- akta.pro primary industry
- Public & Affordable Housing Programs (Subsidies, Vouchers, Public Housing) (BPAIANAA)
- akta.pro secondary industries
- Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD), Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC), Housing Voucher & Rental Assistance Programs (Tenant-Based/Project-Based) (FSALAKAI), Affordable / Low-Income Assisted Living (Medicaid Waiver Focused) (HLADABAE)
Keywords
Where St. Petersburg Housing Authority is headquartered
LocationHeadquarters
- HQ city
- Los Angeles
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
St. Petersburg Housing Authority business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Others
Revenue model
- HUD Federal Funding: The primary revenue source is federal funding from the U.S. Department of Housing and Urban Development (HUD), including capital fund grants, operating subsidies, and Housing Choice Voucher program funding. The organization received an $842,360 HUD grant in May 2024 for public housing upgrades as part of a $3.17 billion national allocation.
- Tenant Rental Payments: Rental income from public housing tenants who pay approximately 30% of their adjusted monthly income for rent. Additional affordable housing tenants pay below-market rates set according to income restrictions.
- Application Fees: Application fees of $50 (non-refundable) collected from applicants for Affordable Housing units.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Income-Based Rental Program - Public Housing and Section 8 |
| One time/ perpetual license | One-time | Affordable Housing Application Fee |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
St. Petersburg Housing Authority product offering
Product offeringCore offering
St. Petersburg Housing Authority (SPHA) provides safe, sanitary, accessible, decent, and affordable rental housing to eligible low-income families, seniors, veterans, and disabled individuals in the City of St. Petersburg. It operates three core housing programs—Public Housing (HUD-funded properties), Housing Choice Vouchers (Section 8), and Affordable Housing administered through its non-profit arm RISE Development Corporation—collectively serving approximately 4,000 qualifying households. The organization also administers project-based vouchers tied to specific properties serving elderly, homeless, and veteran populations.
Product overview
The St. Petersburg Housing Authority (SPHA) operates a three-program portfolio providing sustainable housing to approximately 4,000 low-income households. The core offerings consist of: (1) Public Housing - federally-funded, SPHA-owned properties serving families, elderly, and disabled with incomes up to 80% AMI; (2) Housing Choice Vouchers (Section 8) - portable rental assistance enabling tenants to lease from private-market landlords; and (3) Affordable Housing - market-rate alternatives operated without HUD funding through SPHA and its non-profit arm RISE Development Corporation. The portfolio includes named properties such as Jordan Park Apartments, The Edward White Campus, Saratoga Apartments, Palm Bayou Apartments, Bay Pointe Tower, and Philip Benjamin Tower, with additional project-based voucher arrangements serving elderly and veteran populations.
Differentiator
Problem solved
Functional benefit
Products and services
- Public Housing Program Federally-funded rental housing program for eligible low-income families, elderly, and persons with special needs with incomes up to 80% of Area Median Income. SPHA owns and operates the properties, with tenants typically paying 30% of adjusted monthly income for rent.
- Housing Choice Voucher (HCV) / Section 8 Program HUD-funded rental assistance enabling eligible families, elderly, and persons with special needs to receive subsidies while leasing from private-market landlords who contract with SPHA. Tenants typically pay 30% of monthly income for rent.
- Affordable Housing Program Rental housing for individuals and families who cannot afford market-rate apartments and do not receive subsidies through HCV or Public Housing. Operated without HUD funding through SPHA-owned properties and RISE Development Corporation, with below-market rents and income restrictions; $50 non-refundable application fee.
- RISE Development Corporation Non-profit subsidiary of SPHA that owns and operates apartment complexes as part of the Affordable Housing portfolio, enabling affordable housing development and management without reliance on federal funding.
- Project-Based Voucher Program Subsidies tied to specific housing units (non-portable) under contracts with property owners, including 105 vouchers for Bay Pointe Tower elderly residents, 162 for Philip Benjamin Tower, 40 for Pinellas Hope II transitional housing, and 46 for veterans' housing through Boley Centers and Catholic Charities.
- Bay Pointe Tower (formerly Serenity Towers) Low-income elderly housing (55+) property with 105 project-based vouchers administered by SPHA.
- Philip Benjamin Tower Elderly housing (55 and older) property with 162 project-based vouchers administered by SPHA.
- Jordan Park Apartments SPHA public housing property currently with closed waitlist, undergoing redevelopment with youth programming services.
- The Edward White Campus Mixed-use affordable housing and community services redevelopment featuring 71 affordable apartments, administrative offices, and a health clinic operated by Evara Health, with completion expected in early 2027.
- Saratoga Apartments SPHA-owned affordable housing property with income restrictions at 80% AMI at move-in, not to exceed 120% AMI during tenancy. Waitlist currently closed.
- Palm Bayou Apartments SPHA-owned affordable housing property with income restrictions at 140% AMI. Waitlist currently closed.
Quantifiable outcome
- Approximately 4,000 qualifying low-income households served across three housing programs
- +3 more outcomes
Companies that use St. Petersburg Housing Authority
Customer profileNamed customers6 records
Segments5 records
Ideal customer profiles3 records
St. Petersburg Housing Authority technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
St. Petersburg Housing Authority partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered flagship, core and minor.
- Blake Investment Partnersflagship
- Stadler Developmentcore
- Gilbane Building Companycore
- Skanskacore
- KAST Constructioncore
- Wade Trimcore
- MODOcore
- Blue Sky Communitiescore
- ARK Ellison Horuscore
- Mosscore
- Jacobscore
- Kimley-Horncore
- Evara Healthflagship
- Landmark Inspection Services, LLCminor
Scale indicators6 records
Recent moves7 records
Expansion highlights6 records
St. Petersburg Housing Authority competitors and assessment
Company assessmentMarket position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
St. Petersburg Housing Authority social profiles
Digital presenceSt. Petersburg Housing Authority financial estimates
Financial estimateRevenue estimate
Valuation estimate
St. Petersburg Housing Authority leadership team
Management profileNumber of profiles
Profiles4 records
St. Petersburg Housing Authority subsidiaries and ownership
Company hierarchySubsidiaries1 record
St. Petersburg Housing Authority funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
St. Petersburg Housing Authority M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about St. Petersburg Housing Authority
What does St. Petersburg Housing Authority do?
St. Petersburg Housing Authority (SPHA) provides safe, sanitary, accessible, decent, and affordable rental housing to eligible low-income families, seniors, veterans, and disabled individuals in the City of St. Petersburg. It operates three core housing programs—Public Housing (HUD-funded properties), Housing Choice Vouchers (Section 8), and Affordable Housing administered through its non-profit arm RISE Development Corporation—collectively serving approximately 4,000 qualifying households. The organization also administers project-based vouchers tied to specific properties serving elderly, homeless, and veteran populations.
Is St. Petersburg Housing Authority a public or private company?
St. Petersburg Housing Authority is a private company. It is classified as state government owned and is currently operating.
When was St. Petersburg Housing Authority founded?
St. Petersburg Housing Authority was founded in 1937. It employs 11 to 50 people.
Where is St. Petersburg Housing Authority based?
St. Petersburg Housing Authority is headquartered in Los Angeles, United States, in the North America region.
How does St. Petersburg Housing Authority make money?
Three revenue lines are on record. HUD Federal Funding is the primary driver. The others are tenant Rental Payments and application Fees.
Does St. Petersburg Housing Authority have an API?
No public API is recorded for St. Petersburg Housing Authority.
What industry is St. Petersburg Housing Authority in?
St. Petersburg Housing Authority's product category is Public Housing Services. Its primary akta.pro industry code is BPAIANAA, Public & Affordable Housing Programs (Subsidies, Vouchers, Public Housing), with a secondary code of BPAJAFAD, Affordable & Subsidized Housing Property Management (LIHTC, Section 8). Its NAICS code is 53111 and its SIC code is 6513.