BURLINGTON POST II

Burlington Post II will be a $27MM+ new construction, mid-rise, affordable housing community in St. Petersburg, Florida serving low-income seniors. The development will be a second phase community and it will be built on the existing surface parking lot (approximately 2 acres) of the first phase, Burlington Post. Future residents will enjoy access to a fitness studio, library and computer room, community, and game room, 24-hour laundry room, and on-site management and maintenance.

Burlington Post II was awarded a 4% tax credit and SAIL allocation from Florida Housing Finance Corporation in July 2023 and is expected to close financing and begin construction in Q2 2024. We anticipate placing first units in service in Summer 2025.

Location St. Petersburg, Florida

Demographic Seniors No. Units 75Lender(s) Florida Housing Finance Corporation, Fifth Third Bank, City of St. Petersburg, Pinellas CountyLimited Partner Raymond James Tax Credit FundsDevelopment Cost $27MM+Website https://burlingtonstpete.com/burlington-post/

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