North Newstead I, II, IV & V

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Acting as development consultant, Rise completed four phases of low-income housing tax credit development in the O’Fallon Park neighborhood of St. Louis:  a first phase 26-unit rehab development (completed 2000); a 16-unit second phase rehab development (completed 2001); a 14-unit third phase new development (completed 2006); and a 31-unit fourth phase new development (completed 2011), which also utilized Tax Credit Assistance Program (TCAP) funds, State HOME funds, City HOME funds and City Affordable Housing Trust Fund dollars.

 

Sinai Village

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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.

Fairview Village Senior Apartments

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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.

Dick Gregory Place

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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.