Location:
540 2nd Ave. South
St. Petersburg, Florida, 33701

Number of Units: 146
Year of Completion: 2013

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. Currently, HTG is performing 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. Rehabilitation of 540 Town Center is expected to be complete by the end of 2013.