Pinellas County Housing Finance Authority

Special District Information

• The full legal name of the special district:
  The Housing Finance Authority of Pinellas County
• The public purpose of the special district:
  To help alleviate the shortage of housing available at prices or rentals which many persons and families can afford, and provide capital for investment in such housing.
• Membership Information
• The fiscal year of the special district:
  October 1 through September 30
• Public Facilities Report:
  N/A

Charter Information

• The full text of the special district’s charter (or special law, ordinance, or resolution creating the district)
  The Housing Finance Authority of Pinellas County, is a separate public body corporate and politic authorized by Chapter 159, Part IV, Florida Statutes and created by the Board of County Commissioners of Pinellas County, Florida by Ordinance No. 82-32 adopted on the 12th day of October, 1982 and as codified as Division 8, Section 2-386 through 2-410 of the Pinellas County Code.
• The date of establishment: 1982
• The establishing entity: Pinellas County Board of County Commissioners
• The statute(s) under which the special district operates, if different from the statute or statutes under which the special district was established.
  § Florida Statutes 159.604

Meeting Deadlines

NOTE: Items not received by the deadline (see schedule below) will not be on the agenda for that meeting.

Past Meetings

Date	Title	Attachments
December 3, 2025	Housing Finance Authority Board Meeting	25 1203 Agenda
November 5, 2025	Housing Finance Authority Board Meeting	25 1105 Agenda and Minutes
September 30, 2025	Housing Finance Authority Board Meeting	Agenda & Minutes
September 3, 2025	Housing Finance Authority Board Meeting	25 0903 Agenda and Minutes
August 7, 2025	TEFRA Hearing Single Family Bond Allocation	Minutes
August 6, 2025	Housing Finance Authority Board Meeting	25 0806 Agenda & Minutes
July 2, 2025	Housing Finance Authority Board Meeting	25 0702 Agenda and Minutes
June 4, 2025	Housing Finance Authority Board Meeting	June 4, 2025 Agenda & Minutes
May 7, 2025	Housing Finance Authority Board Meeting	May Agenda and Minutes
April 3, 2025	TEFRA Hearing Riverside Apartments	TEFRA Hearing Minutes Riverside Apartments
April 2, 2025	Housing Finance Authority Board Meeting	4/2/25 Agenda & Minutes
March 6, 2025	TEFRA Hearing Olea on 126	Minutes
March 6, 2025	TEFRA Hearing Clear Bay Terrace Apartments and Creekside Manor (I and II)	Minutes
March 5, 2025	Housing Finance Authority Board Meeting	25 0305 March Agenda and Minutes
February 5, 2025	Housing Finance Authority Board Meeting	2/5/25 Agenda & Minutes
January 8, 2025	Housing Finance Authority Board Meeting	25 0108 Agenda and Minutes
December 5, 2024	TEFRA Hearing Flats on 4th	Minutes
December 5, 2024	TEFRA Hearing Seminole Square	Minutes
December 4, 2024	Housing Finance Authority Board Meeting	Agenda & Minutes
November 6, 2024	Housing Finance Authority Board Meeting	November Agenda and Minutes
October 17, 2024	TEFRA Hearing Indigo Apartments	Indigo Apt TEFRA Minutes
October 17, 2024	TEFRA Hearing Oakhurst Trace Apartments	Oakhurst Trace Apts TEFRA Minutes
October 16, 2024	Housing Finance Authority Board Meeting	24 1016 Agenda and Minutes
October 1, 2024	Housing Finance Authority Board Meeting – Canceled
September 4, 2024	Housing Finance Authority Board Meeting	24 0904 Agenda and Minutes
August 7, 2024	Housing Finance Authority Board Meeting – Cancelled
July 3, 2024	Housing Finance Authority Board Meeting	Agenda and Minutes
June 5, 2024	Housing Finance Authority Board Meeting	24 0605 Agenda and Minutes
May 21, 2024	TEFRA Hearing Citrus Grove Apartments	Citrus Grove TEFRA minutes
May 9, 2024	Housing Finance Authority Board Meeting	May 5, 2024 Agenda & Minutes
April 2, 2024	Housing Finance Authority Board Meeting – canceled
March 6, 2024	Housing Finance Authority Board Meeting	March 6, 2024 Agenda and Minutes
February 7, 2024	Housing Finance Authority Board Meeting	24 0207 Agenda and Minutes
January 3, 2024	Housing Finance Authority Board Meeting	24 0103 Agenda and Minutes
December 6, 2023	Housing Finance Authority Board Meeting	23 1206 Agenda and Minutes
November 1, 2023	Housing Finance Authority Board Meeting – canceled
October 4, 2023	Housing Finance Authority Board Meeting – canceled
September 6, 2023	Housing Finance Authority Board Meeting	23-0906-Agenda and Minutes
August 2, 2023	Housing Finance Authority Board Meeting	23 0802 Agenda and Minutes
July 17, 2023	TEFRA Hearing Burlington Post II	Burlington Post II TEFRA Minutes
July 5, 2023	Housing Finance Authority Board Meeting	23 0705 Agenda and Minutes
June 22, 2023	TEFRA Hearing Skyway Lofts II and Lealman Heights	TEFRA Notice Skyway Lofts II and Lealman Heights
June 8, 2023	TEFRA Hearing Skyway Lofts II and Lealman Heights	TEFRA Minutes Skyway Lofts IITEFRA Minutes Lealman Heights
June 7, 2023	Housing Finance Authority Board Meeting	23 0607 HFA Agenda and Minutes
May 11, 2023	Housing Finance Authority Board Meeting	Agenda and Minutes
April 5, 2023	Housing Finance Authority Board Meeting	Agenda and Minutes
March 1, 2023	Housing Finance Authority Board Meeting	Agenda and Minutes
February 1, 2023	Housing Finance Authority Board Meeting	Agenda and Minutes
January 5, 2023	Bear Creek Commons TEFRA Hearing	Bear Creek Commons TEFRA Minutes
January 4, 2023	Housing Finance Authority Board Meeting	Agenda and Minutes
December 7, 2022	Housing Finance Authority Board Meeting – Canceled
December 6, 2022	TEFRA Hearing for Riverside Apartments	Minutes
November 2, 2022	Housing Finance Authority Board Meeting	Agenda and Minutes
October 7, 2022	Housing Finance Authority Board Meeting	Agenda and Minutes
September 7, 2022	Housing Finance Authority Board Meeting	Agenda and Minutes
August 3, 2022	Housing Finance Authority Board Meeting	Agenda and Minutes
July 13, 2022	Housing Finance Authority Board Meeting: Cancelled
June 1, 2022	Housing Finance Authority Board Meeting	Agenda and Minutes
May 4, 2022	Housing Finance Authority Board Meeting	Agenda and Minutes
April 6, 2022	Housing Finance Authority Board Meeting	Agenda and Minutes
March 2, 2022	Housing Finance Authority Board Meeting	Agenda
February 2, 2022	Housing Finance Authority Board Meeting	Agenda and Minutes
December 1, 2021	Housing Finance Authority	Minutes
November 16, 2021	Housing Finance Authority	Minutes
October 6, 2021	Housing Finance Authority	Minutes
September 1, 2021	Housing Finance Authority	Minutes
August 17, 2021	Housing Finance Authority	Minutes
August 4, 2021	Housing Finance Authority	Minutes
July 12, 2021	Housing Finance Authority	Minutes
May 5, 2021	Housing Finance Authority	Minutes
April 7, 2021	Housing Finance Authority	Minutes
March 22, 2021	Housing Finance Authority	Minutes
March 3, 2021	Housing Finance Authority	Minutes
December 2, 2020	Housing Finance Authority	Agenda
September 16, 2020	Housing Finance Authority	Agenda
July 1, 2020	Housing Finance Authority	Agenda and Minutes
March 4, 2020	Housing Finance Authority	Agenda and Minutes
January 15, 2020	Housing Finance Authority	Agenda and Minutes

Contact Information

• Contact Name: Kathryn Driver
• Mailing address:
  450 Carillon Parkway, Suite 105, St. Petersburg, FL  33716
• Telephone number: (727) 223-6419
• Website URL: pinellas.gov/department/housing-finance-authority-of-pinellas-county/
• Submit questions/comments via our Contact Us form.

Boundary and Services Information

• A description of the boundaries or service area of the special district:
  The boundaries are the same as the boundaries of Pinellas County.
• Description of the services provided by the special district:
  Issue multi-family bonds to provide financing for multi-family projects within Pinellas County and issue single family bonds to provide funds for first mortgages for first time home buyers in Pinellas County and by interlocal agreements in Pasco and Polk Counties. Provide funds for down payment and closing cost assistance as companion second mortgages.
• List all taxes, fees, assessments, or charges imposed and collected by the special district, including the rates or amounts for the fiscal year and the statutory authority for the levy of the tax, fee, assessment, or charge. (For purposes of this subparagraph, charges do not include patient charges by a hospital or other health care provider.)
  Not Applicable

Primary Contact Information for the Special District for the Purposes of Communication from the Florida Department of Economic Opportunity

• DEO Contact Name: Kathryn Driver
• DEO Contact Address:
  450 Carillon Parkway, Suite 105, St. Petersburg, FL  33716
• DEO Contact Email: kdriver@pinellashfa.com
• DEO Contact Phone: (727) 223-6418
• A code of ethics adopted by the special district, if applicable, and a hyperlink to generally applicable ethics provisions.
  State of Florida Code of Ethics for Public Officers and Employees
• The budget for the special district, in addition to amendments in accordance with s. 189.016.
  Budget
• The final, complete audit report for the most recent completed fiscal year, and audit reports required by law or authorized by the governing body of the special district
  Audit Report

Fiscal Year 2025/2026 Performance Measures and Standards

FY 2025/2026 Goals and Objectives With Success Metrics

1.  Secure safety and soundness of organization

Goal 1 Identify Risks

Objective:
Identify risks to Authority business in order to take appropriate action to prevent loss in assets, and loss of information that might endanger private information of those using Authority services.
Measurement:
Performance of Risk Analysis at Board meeting as evidenced by meeting minutes.
Standard:
A minimum of one Risk Analysis performed.
Achieved:  ___Yes   ___No

Goal 2 Emphasize Authority Board and Team ethics, fraud awareness, and public records training, and professional development

Objective:
To ensure climate of ethics and compliance and avoid legal risk.
Measurement:
Board and Staff training opportunities annually
Standard:
Schedule Board Trainings and Staff continuing education trainings.
Achieved:  ___Yes   ___No

2.  Foster housing markets that promote equitable access to affordable and sustainable housing

Goal 1 Advance equity in housing finance, including education and compliance with fair lending/housing laws

Objective:  To make affordable housing happen.
Measurement:  Prioritize and streamline Authority staff development and outreach to increase community awareness and affordable housing networking opportunities.

Serve as a reliable source of affordable housing information by cooperating in and/or hosting community presentations relating to affordable housing or fair housing.
Standard:  Each staff member should attend a minimum of one professional development seminar or conference, assist in hosting at least one community presentation, or participate in one event providing affordable housing or fair housing each quarter.
Achieved: ___Yes   ___No

Goal 2 Implement or continue strategic initiatives to reinforce focus on organizational goals

Objective:  To facilitate greater availability of affordable housing supply and remove barriers to financing affordable housing in Pinellas County
Measurement:  Work to finance multifamily units by encouraging applications for bond issues and Florida Housing RFA’s.
Continue first-time single family mortgage loan program with down payment assistance.
Standard:  Staff will participate in at least one RFA process with an application to Florida Housing or a local source of subsidy; authority will dedicate at least $500,000 toward originating second mortgage loans for first time homebuyers.
Achieved (RFA):  ___Yes   ___No
Achieved (Single Family Program):  ___Yes   ___No

3.  Stewardship of Authority Infrastructure

Goal 1 Ensure stewardship of assets and resources, through strategic investment

Objective:  To maintain long-term ability to continue to provide necessary services to those needing affordable housing in Pinellas County.
Measurement:  Continue issuance of mortgage revenue housing bonds.
Standard:  The Authority should issue one single family bond issue and two multifamily bond issues in FY 25/26.
Achieved:  ___Yes   ___No

Goal 2 Cultivate high performing, accountable, and engaged workforce

Objective:  To ensure succession and optimize investment in salary and benefits
Measurement:  Annually assess all functional duties and responsibilities to realign staff goals and training, as necessary.

Highlight daily learning opportunities in financial processing, housing operations, technology, professional communication, and marketing to better position staff for potential succession.
Standard:The Authority should perform the assessment of functional duties and responsibilities and undertake a formal staff training program for succession during the 2025/2026 fiscal year
Achieved:  ___Yes   ___No

 

 

Housing Finance Authority of Pinellas County (“Authority”)
FY 2024/2025 Goals and Objectives
With Success Metrics

1. Secure safety and soundness of organization

Goal 1 Identify risks

• Objective:

Identify risks to Authority business in order to take appropriate action to prevent loss in assets, and loss of information that might endanger private information of those using Authority services.

• Measurement:

Performance of Risk Analysis at Board meeting as evidenced by meeting minutes.

• Standard:

A minimum of one Risk Analysis performed.

• Achieved: Yes ☒ No ☐

At the end of each fiscal year CSG Advisors, financial advisor to the HFA, presents a report on Compliance with Investment Policy and Performance Measurement to the HFA Board. The Investment Review was presented to the HFA Board at its December 3, 2025, board meeting and covered the period from October 1, 2024, to September 30, 2025.

Goal 2 Emphasize Authority Board and Team ethics, fraud awareness, public records training, and professional development.

• Objective:

To ensure climate of ethics and compliance and avoid legal risk.

• Measurement:

Board and staff training opportunities annually.

• Standard:

Schedule Board Trainings and Staff continuing education trainings.

• Achieved: Yes ☒ No ☐

HFA staff was provided opportunities to attend several workshops and educational conferences that provided sessions to learn about ethics, fraud awareness, and professional development. Staff also view webinars and training courses on public records retention and training.

The HFA board was provided opportunities to attend educational conferences and the HFA’s counsel spoke at a board meeting to educate the board on ethics and fraud awareness.

2. Foster housing markets that promote equitable access to affordable and sustainable housing

Goal 1 Advance equity in housing finance, including education and compliance with fair lending/housing laws

• Objective:

To make affordable housing happen.

• Measurement:

Prioritize and streamline Authority staff development and outreach to increase community awareness and affordable housing networking opportunities.

Serve as a reliable source of affordable housing information by cooperating in and/or hosting community presentations relating to affordable housing or fair housing.

• Standard:

Each staff member should attend a minimum of one professional development seminar or conference, assist in hosting at least one community presentation, or participate in one event providing affordable housing or fair housing each quarter.

• Achieved: Yes ☒ No ☐

Trainings, webinars, and educational conferences attended by or participated in by HFA staff include:

Florida ALHFA Conference, National ALHFA Conference, Florida Community Development Association Conference, Florida Housing Coalition Conference, Division of Bond Finance webinar, MGIC webinar – Strengthening Resilience in High-Stress Work Environments, US Bank Webinar – Women & Wealth – Understanding the Female Homebuyer, Tampa Bay Fair Housing Symposium, S&P Global Ratings webinar – Understanding the Changing Face of Cyber Insurance, National Association of Realtors webinar – Real Estate & Economic Outlook with NAR’s Dr. Lawrence Yun, Affiliate Expo at the Pinellas Realtor Organization, HOPE Expo,    NALHFA Summer Town Hall:  Mid-Year Updates & Member Discussion webinar, Effective Utilization of Publicly Owned Land for Affordable Housing, Workshop for Affordable Housing Topics Concerning Local Governments, Affordable Housing Funding Sources for Homeownership (Resources Part 1), Affordable Housing Funding Sources for Homeownership (Resources Part 2), Credit underwriting and Development of Homeownership Projects, SHIP Administration: LHAP and Financial Requirements (SHIP Prog Admin Part 1), Scoring Live Local, SHIP Admin: Strategies, Documentation, and Monitoring (Prog Admin Part 2), LLA Funding Programs at FHFC, Adjusting Your Approach in Applying for Federal Funding, Property Tax Policy for Affordable Housing, Navigating the Live Local Act SAIL RFAs, History of the Municipal Market: Part I, History of the Municipal Market: Part II, History of the Municipal Market: Part III

Goal 2 Implement or continue strategic initiatives to reinforce focus on organizational goals

• Objective:

To facilitate greater availability of affordable housing supply and remove barriers to financing affordable housing in Pinellas County

• Measurement:

Work to finance multifamily units by encouraging applications for bond issues and Florida Housing Finance Corporation RFAs.

Continue first-time single family mortgage loan program with down payment assistance.

• Standard:

Staff will participate in at least one RFA process with an application to Florida Housing or a local source of subsidy; Authority will dedicate at least $500,000 toward originating second mortgage loans for first time homebuyers.

• Achieved (RFA): Yes ☒ No ☐
• Achieved (Single Family Program): Yes ☒ No ☐

The HFA provided letters for applications to Florida Housing Finance Corporation for three different multifamily funding RFA cycles.

The HFA acted as trustee of land trusts for 5 Penny for Pinellas land assembly fund transactions.

The HFA provided $1,136,500 toward originating second mortgage loans for first time homebuyers.

3. Stewardship of Authority Infrastructure

Goal 1 Ensure stewardship of assets and resources, through strategic investment.

• Objective:

To maintain long-term ability to continue to provide necessary services to those needing affordable housing in Pinellas County.

• Measurement:

Continued issuance of mortgage revenue housing bonds.

• Standard:

The Authority should issue one single family bond issue and two multifamily bond issues in FY 24/25.

• Achieved: Yes ☒ No ☐
• $15,000,000 Single Family Housing Revenue Bonds, Series 2025A Tax-Exempt/$10,000,000 Series 2025B Taxable; issued 1/23/2025
• $15,500,000 Single Family Housing Revenue Bonds, Series 2025C Tax-Exempt/$6,500,000 Series 2025D Taxable; issued 8/18/2025
• $22,000,000 Multifamily Housing Revenue Bonds, Series 2024 (Citrus Grove Apartments); issued 12/12/24
• $17,750,000 Multifamily Housing Revenue Bonds, Series 2025 (Flats on 4^th); issued 4/21/25
• $23,000,000 Multifamily Housing Revenue Bonds, Series 2025 (Indigo Apartments); issued 06/13/25
• $25,725,000 Series 2025A and $13,325,000 Series 2025B Multifamily Housing Revenue Bonds (Oakhurst Trace); issued 10/3/25

Goal 2 Cultivate high performing, accountable, and engaged workforce

• Objective:

To ensure succession and optimize investment in salary and benefits.

• Measurement:

Annually assess all functional duties and responsibilities to realign staff goals and training, as necessary.

Highlight daily learning opportunities in financial processing, housing operations, technology, professional communication, and marketing to better position staff for potential succession.

• Standard:

The Authority should perform the assessment of functional duties and responsibilities and undertake a formal staff training program for succession during the 2024/2025 fiscal year.

• Achieved: Yes ☒ No ☐

Management has reviewed staff duties and responsibilities to encourage cross-training of staff positions. This allows for continuity during vacations, etc.