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CDA Neighborhood Transformation Grants

CDA Neighborhood Transformation Grants

329
AdministratorAdministrator
329

PostMar 25, 2023#1

The CDA has posted the NOFA (notice of fund availability) for the neighborhood transformation grants.

https://www.stlouis-mo.gov/cda/neighborhood-nofa/

As someone who has done a few small-scale projects, I'm finding the potential these grants and programs are about to provide intriguing. These may give us the opportunity to build our community and expand housing in an affordable and quality manner.

13K
Life MemberLife Member
13K

PostMar 25, 2023#2

Should Skinker DeBaliviere bother trying? The SD Community Housing Corp has a vacant lot at 5869 Washington. Could be an opportunity for an affordable two-family, but it gets no qualified census tracts/ economic justice priority tracts points.

329
AdministratorAdministrator
329

PostMar 25, 2023#3

Should Skinker DeBaliviere bother trying? The SD Community Housing Corp has a vacant lot at 5869 Washington. Could be an opportunity for an affordable two-family, but it gets no qualified census tracts/ economic justice priority tracts points.
Absolutely!

sc4mayor
sc4mayor

PostAug 25, 2023#4

City of St. Louis awards $20M in grants to $200M of affordable housing developments
https://www.bizjournals.com/stlouis/new ... d-arp.html
The 29 projects chosen for Neighborhood Transformation Grants, funded by federal pandemic funds, represent about $200 million in planned housing development across the city, and 952 total housing units, officials said in a news release. The funding was combined with the city’s regularly funded U.S. Housing and Urban Development Housing Production grants to create a larger pool of funding for projects.
The projects include:
  • $5.3 million in grants to eight developers building 20 single-family houses. These awards include construction financing and more than $750,000 in down payment assistance. 
  • $10.9 million toward 12 multifamily projects that will create or preserve 866 rental apartments. Three of the projects have already been awarded state low-income housing tax credits, and the other projects are seeking that funding.
  • $3 million will be given to six rental rehabilitation proposals that will create 37 affordable apartments and bring a dozen vacant buildings back into use. 
  • $900,000 was awarded to a motel acquisition and rehab project that will create 20 units of permanent supportive housing.
The city said awards given using funds from HUD’s HOME-ARP funding and the federally funded Community Development Block Grant program were the following:
  • CareSTL plans the new Alumnus Gardens apartment complex in The Ville neighborhood in north St. Louis. The $16.63 million project would build 60 new rental units at St. Louis Avenue, Maffit, Newstead and Taylor. Award - $2 million.
  • Preservation of Affordable Housing Inc. was granted an award for the $31.89 million first phase of the Clinton-Peabody redevelopment project in the Peabody Darst Webbe neighborhood in south St. Louis. The project would renovate 89 units in the existing housing complex on Chouteau between Dillon and St. Ange. Award - $1.5 million.
  • Gateway Housing plans Francie’s Place, the $1.8 million construction of eight new rental units in the Forest Park Southeast and Shaw neighborhoods, at 4336-38 Chouteau and 3851-53 Shenandoah. Award - $1.275 million.
  • St. Louis-based nonprofit housing developer McCormack Baron Salazar plans to renovate 139 rental units in the $34.74 million Brewery Apartments project in the St. Louis Place neighborhood at 1700 N. 20th St. in north St. Louis. Award - $1.25 million.
  • Efficacy Consulting plans to build four new houses for sale, called the Village at Cates Place, in the West End neighborhood in north St. Louis, at four sites along Cates in what will be a $1.49 million project. Award - $923,804.
  • West End LLC plans to build West End Court V, a $1.6 million project to build four new houses for sale on Vernon in the West End neighborhood in north St. Louis. Award - $868,413.
  • Building the Dream Equity Management LLC will renovate two homes for sale in the $1.23 million Building the Dream development at 4919 and 4948 Maple Ave. in Fountain Park in north St. Louis. Award - $839,292.
  • Northside Community Housing Inc. plans to create the $1 million 1800 N. Sarah Group I project, two new houses for sale in the Greater Ville neighborhood in north St. Louis, at 1808 and 1822 N. Sarah. Award - $736,054.
  • Bywater Development is planning Tower Village Senior Apartments, a $21 million renovation of 98 apartments at 5050 Highland Ave., in the Kingsway West neighborhood in north St. Louis. Award - $625,000.
  • Triple H Real Estate LLC plans the $868,925 Marine Villa II development that will build two new houses for sale in the Marine Villa neighborhood in south St. Louis at 2129 and 2227 Chippewa, south of the Anheuser-Busch Brewery. Award - $508,925.
  • DeSales Community Development Corp. plans a $21.86 million apartment complex consisting of renovation and new construction called Virginia Plaza at 5300-5326 S. Compton and 5306-5401 Virginia in the Carondelet neighborhood in south St. Louis. Award - $500,000.
  • TCDC Developer LLC is proposing a new $19.15 million apartment complex called TCDC Senior Living at 2707 N. Grand in the JeffVanderLou neighborhood in north St. Louis. The project would have 60 units. Award - $500,000.
  • Carr Square Tenant Management plans a $13.55 million renovation of 82 rental units at Carr Square Village in the Carr Square neighborhood downtown, at 1200 N. 16th St. and other addresses. Award - $500,000.
  • The Carondelet Community Betterment Federation plans to renovate and build two houses at 6109 and 7226 Michigan in the Carondelet neighborhood in south St. Louis. The $658,350 project is called Michigan Homes. Award - $406,850.
  • Hill & Sons Investments is working on a $492,000 single-home for-sale renovation project at 1401 N. Market in the Old North neighborhood in north St. Louis, called North Market Homes. Award - $272,200.
HUD’s HOME-ARP funding granted one award.
  • Jubilee Community Development Corp. plots a $1.39 million redevelopment of the Jubilee Motel at 4200-10 N. Grand Blvd. in the Fairground neighborhood in north St. Louis. The plan calls for the hotel to be converted into 20 units of permanent supportive housing. Award - $889,629.
Awards funded by American Rescue Plan Act funds were given to the following projects, the city said.
  • Preservation of Affordable Housing Inc. was granted another award for the $31.89 million first phase of the Clinton-Peabody redevelopment project in the Peabody Darst Webbe neighborhood in south St. Louis. The project would renovate 89 units in the existing housing complex on Chouteau between Dillon and St. Ange. Award - $1 million.
  • Sanctuary in The Ordinary’s project Baden-Hoffen Homes in the Baden neighborhood in north St. Louis received a grant for a $1.5 million rental rehab project for 13 units at 7931-41 N. Broadway and 7932-44 Church Drive. Award - $800,000.
  • The National Development Council Housing and Economic Development Corp. received an award for a planned 45-unit, $13.77 million apartment complex, Residences at Point North, to be located at 3129 Magazine in the JeffVanderLou neighborhood in north St. Louis. Award - $700,000.
  • The Cote Brilliante Presbyterian Housing Corp. plans a $1.3 million renovation of four rental units at 4700 Labadie in the Kingsway East neighborhood in north St. Louis. Award - $700,000.
  • Haven Recovery Homes LLC plans an $841,727 Haven Neighborhood Transformation project to renovate 10 units at three addresses in the Patch neighborhood in south St. Louis: 326 E. Davis St., 7609-11 S. Broadway; and 7617 S. Broadway. Award - $625,000.
  • The Kingsway Neighborhood Development Corp. proposes to build the $51.33 million Delmar-Taylor Apartments, a 127-unit apartment complex at 4525 Delmar Blvd., in the Lewis Place neighborhood in north St. Louis. Award - $500,000.
  • Developer Financier LLC plans Prairie Avenue Senior Apartments at 2401 Prairie Ave. in the Jeff VanderLou neighborhood in north St. Louis. The $10 million project will build 34 new rental units. Award - $500,000.
  • West End LLC plans the $3 million West End Court IV and V developments in that north St. Louis neighborhood, providing down payment assistance for nine houses on Cates, Clemens and Vernon streets. Award - $500,000.
  • Tabernacle Community Development Corp. for Tabernacle CDC, a five-unit rental renovation in the Jeff Vanderlou and Greater Ville neighborhoods in north St. Louis. The $806,451 project will encompass 4140 and 4275 Ashland Ave., 3821 Greer Ave., and 3805 Labadie Ave. Award - $380,000.
  • St. Louis Art Place Initiative from Gravois Park Artist Housing at 3728 Nebraska Ave., which will be a $935,000 project with three units of new construction for sale. The project is near Cherokee Street in south St. Louis. Award - $324,655.
  • Source 2 O LLC is the developer of Kinshighway Promenade Apartment Homes, will redevelop four rental units at 4004 N. Kingshighway in the Penrose neighborhood in north St. Louis, in what will be a $681,214 development. Award - $313,650.
  • Versatile Management Group LLC plans a $217,000 Cote Brilliante Rehab project at 4726 Cote Brilliante in Kingsway East in north St. Louis that would renovate one rental unit. Award - $217,000.
  • The DeSales Community Development Corp. was granted funding for a $14.5 million, 49-unit apartment complex called Benton Park Place Apartments to be located at 3101 S. Jefferson Ave., in the Benton Park West neighborhood in south St. Louis. Award - $150,000.