The Missouri Housing Development Commission approved tax credits for the Salisbury Park development in Hyde Park yesterday.
The MHDC also approved tax credits for the final phase of the Blumeyer HOPE VI development and for Rosati House, a supportive services facility for homeless men to be developed by St. Patrick Center as part of the Plan to End Chronic Homelessness. And the MHDC approved state HOME funding for the Washington Apartments, which will preserve this housing development for affordable occupancy by senior citizens in the CWE.
One last-minute action by the MHDC was good news for the area around Grand and Chippewa. At my request, commissioners agreed to add the Grand South Senior Apartments to the list of approved projects. For the last few years, the neighborhood’s aging residents have been selling their homes to younger families for whom the necessary upkeep of house and yard is less of a burden. To keep these seniors in their neighborhood of choice — but with fewer chores Grand South will provide 87 new homes for senior citizens in this area, as well as retail storefronts that complement the existing retail activity at this intersection. Being on the list of MHDC-approved projects means that this development could move forward this year if more affordable housing tax credits become available or if other projects do not use their full allocation of tax credits.