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St. Louis / Kansas City Equity Fund, Inc.
Blair Homes – Hyde Park, St. Louis
Blair Homes continues the concentrated redevelopment efforts in the historic neighborhood of Hyde Park in North St. Louis City. This development consists of 29 new, affordable two- and three-bedroom units which will enhance other St. Louis Equity Fund investments in the area. All of these units are LIHTC rent restricted units and are available to households earning 60% or less of the area median income.
Blair Homes received its allocation of LIHTCs from the Missouri Housing Development Commission under a service-enriched priority. Resident services are facilitated by LinkStL, a not-for-profit, which meets with residents and stakeholders, identifies tenant needs, and locates existing service providers who can address those needs. LinkStL opened an office on Hyde Park’s main street and offers financial literacy training, after-school and summer camps, job readiness and connections, and emergency and other financial assistance to residents in the neighborhood.
With the completion of Blair Homes, the St. Louis Equity Fund has invested in 186 units in Hyde Park and more than $14.7 million in equity in the combined investments.
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