Panama City Builds Affordable Homes | Panama City Beach News

Panama City is tackling its vacant lot problem head-on with a bold new program: twelve single-family zoned lots in underserved neighborhoods are now open for builders to develop affordable homes—no flipping, no speculation. Builders can pay full price, snag a discount with city revenue sharing, or even get land for free in exchange for repaying the city’s value once the home sells. Spearheaded by Commissioner Robbie Hughes, this initiative funnels proceeds directly into the city’s affordable housing fund and requires developers to prove financing, secure permits, and comply with local rules. Homebuyers must also meet affordability standards and live in the homes as their primary residence. With offers accepted up to two lots per developer, Panama City is betting that one house at a time—starting in Glenwood—can transform empty land into thriving communities. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/2ba7dc53fc467ec2