Rental Housing Production

Rental Housing Production provides low-interest financing to developers for the acquisition and rehabilitation or the construction of rental housing throughout St. Louis County for low- and moderate-income families. The Office of Community Development offers flexible financing terms to qualified rental development projects which permits developers to maintain affordable rent structures over the life of the loan. Loans under the Rental program are made based upon responses to an open-ended Request For Proposals (RFP). The RFP and accompanying application can be downloaded from this site and are also available upon request by calling (314) 615-8237.

Eligibility

Private builders, developers, not-for-profit community groups, Community Based Development Organizations and Community Housing Development Organizations are eligible to apply for financing. Applicants must demonstrate that they have appropriate housing development experience and sufficient financial capacity to undertake the development.

Affirmative Fair Housing Marketing

The purpose of Rental Housing Production is to increase the inventory of decent and affordable rental housing throughout St. Louis County. All developments of 5 units or more financed under this program are required to submit an Affirmative Fair Housing Marketing Plan that outlines methods for providing information and otherwise attracting eligible persons in the housing market area to the available housing without regard to race, color, national origin, sex, sexual orientation, religion, familial status or disability.


Affordable Housing Options


In an effort to connect our residents with affordable housing options*, below is a list of affordable rental housing in the mid-, north-, and south-county regions:


Mid-County 
 

Development

Property Management Co.

Contact Information

Hillsdale Homes

Beyond Housing

314-533-0600

Lyndover Apartments

Intrepid Realty

314-647-4422

Mt. Beulah Terrace Senior Apts.

Retirement Housing Foundation

314-726-6000

Oak Tree Apartments

Gundaker Commercial Group

314-429-5114

Parkview I

CAMCO

314-862-2685

Parkview II

CAMCO

314-862-2685

Primm Place

Whitney Management

314-692-7192

Scattered Sites

Beyond Housing

314-533-0600

WCSA IV

Vatterott Properties, Inc.

314-427-4000

Wellston Homes

Vatterott Properties, Inc.

314-427-4000

Woodland Rental

Property Owner

314-852-6546

 

North County

 

Development

Property Management Co.

Contact Information

Heritage Dunbar Senior Apts.

Sugar Creek Realty

314-521-0388

Heritage Senior Apts.

Sugar Creek Realty

314-521-2108

Lilac Apartments

Professional Equities, Inc.

314-869-3440 appointment only

Scattered Sites

Beyond Housing

314-533-0600

Shannon Fox Apartments

Kohner Properties, Inc.

314-429-0538

 

South County

  

Development

Property Management Co.

Contact Information

Hillside I

Parkside Properties

314-776-3290

Hillside II

Parkside Properties

314-776-3290

Kingston Valley

Parkside Properties

314-776-3290

Park Ridge

Parkside Properties

314-776-3290

Scattered Sites

Beyond Housing

314-533-0600

Stonecrest Apartments

Whitney Management

314-882-1399

 

* This is a list of properties which received HOME Investment Partnership funding through St. Louis County Office of Community Development and are currently under an obligatory period of affordability.  All of these properties are income-restricted and are only available to those households at or below 60% of the Area Median Income (AMI) as defined by the U.S. Department of Housing and Urban Development.  Interested applicants should contact the property managers shown above for rental applications and additional information. 

OTHER AFFORDABLE HOUSING RENTAL OPTIONS CAN BE FOUND HERE.


Associated Links

Missouri Housing Development Commission

Program Information

Guidelines doc | pdf
Application xls | pdf
Affordable Rental Options pdf
Rental Compliance Manual pdf


Contact Information
Office of Community Development
41 S. Central, 5th Floor
Clayton, MO 63105
Phone: (314) 615-4405
Fax: (314) 615-8674
TTY: (314) 615-5889