Rental Housing Production Program
The Rental Housing Production Program 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 the Rental Housing Production Program 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.
