Rise provided full turn-key real estate development consulting services for the development of these 30 new low-income housing tax credit single-family lease/purchase homes in the Winstanley neighborhood of East St. Louis. The financing also included Tax Credit Assistance Program (TCAP) and Tax Credit Replacement (TCR) funds.
Rise developed this new 50-unit senior apartment building in Jennings, co-located with a newly rehabbed PACE Center to provide services to residents. The financing consisted of Tax Credit Assistance Program (Recovery Act) funds, low-income housing tax credit equity and State HOME funds.
Rise provided full turn-key real estate development consulting and historic preservation consulting services for the development of these 40 units of affordable apartments in the Greater Ville Neighborhood of St. Louis. 36 units are historic rehabilitation, while the remaining 4 are infill new-construction. The financing included Tax Credit Replacement (TCR) funds, historic preservation tax credit equity, State, and City HOME funds and City Affordable Housing Trust Fund money.
Rise undertook this $9 million redevelopment of an obsolete and abandoned apartment community in the Dutchtown neighborhood of St. Louis. The site was completely re-configured from 25 buildings with 100 units, leaving 10 of the original buildings and adding six new additions with a total of 51 new and rehabbed apartments. The financing consisted of tax-exempt bonds, low-income housing tax credit equity, State and City HOME funds, State CDBG funds, City Affordable Housing Commission Trust Fund money and a Missouri Affordable Housing Assistance Program tax credit-eligible charitable contribution.