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 helps achieve the following
Complete
Communities
Inclusive
Economies
Responsible
Growth
Key Issues Addressed
Related Planning Topic Areas
Applicable Geographic Scales
Countywide
Municipalities
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.
Sustainability Considerations
Economical, social, and institutional diversity can support growth and inclusive opportunities.
Implementation
Lead Partner(s)
Supporting Partner(s)
Cost
Project, Partnership, or Policy
Project
Partnership
Policy
Timeline
St. Louis County Department of Human Services - Office of Community Development
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
Medium
($1-5 mil)
Low
(Less than $1 mil)
High
($10+ mil)
Medium-term
(5-10 Years)
Ongoing
Near-term
(Within 5 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
Tracking Success
Increase in number of mixed-income housing developments
If overperforming, what should we do?
Communicate with higher income communities about the benefits of affordable housing to attract professionals beginning their careers.
If underperforming, what should we do?
Evaluating increasing incentives such as property tax abatement.