Recommendation CC.15
Recommendation Status: Expand
Increase the supply of mixed-income housing by prioritizing subsidies in multi-family residential developments that offer market-rate units.
This recommendation help achieve the following
Applicable Geographic Scales
Countywide
Municipalities
Key Issues Addressed
Sustainability Considerations
Sub-geographies
Equity Considerations
Mixed-income housing allows low - to moderate income residents to access high quality housing and more access to services and opportunities.
Economical, social, and institutional diversity can support growth and inclusive opportunities.
Related Planning Topic Areas
Inclusive
Economies
Complete Communities
Responsible Growth
Low
(Less than $1 mil)
Medium
($1-5 mil)
Partnership
Implementation
Lead Partner(s)
St. Louis County Department of Human Services - Office of Community Development
Timeline
Ongoing
Near-term
(Within 5 Years)
Supporting Partner(s)
St. Louis County Department of Revenue
Rise Community Development
St. Louis Apartment Association
Home Builders of St. Louis and Eastern Missouri
Metropolitan St. Louis Equal Housing & Opportunity Council
Project
Cost
High
($10+ mil)
Project, Partnership, or Policy
Policy
Medium-term
(5-10 Years)
Long-term
(10+ Years)
Potential Funding Sources
Community Development Block Grants
HOME Investment Partnership funds
St. Louis County Port Authority Community Investment Fund
Federal Home Loan Bank
Tracking Implementation
Communicate with higher income communities about the benefits of affordable housing to attract professionals beginning their careers.
Tracking Success
Increase in number of mixed-income housing developments
If overperforming, what should we do?
Evaluating increasing incentives such as property tax abatement.
If underperforming, what should we do?