Recommendation CC.30
Recommendation Status: Expand
Construct infill housing units to meet the needs of growing families and residents who are looking for "move-up" housing.
This recommendation help achieve the following
Applicable Geographic Scales
Countywide
Municipalities
Key Issues Addressed
Sustainability Considerations
Sub-geographies
Equity Considerations
Creating opportunities for economic mobility through housing builds generational wealth.
Offering larger housing options provides opportunities for residents to remain in St. Louis County without having to relocate to surrounding jurisdictions.
Related Planning Topic Areas
Complete Communities
Responsible Growth
Leading the Region
Inclusive
Economies
Low
(Less than $1 mil)
Medium
($1-5 mil)
Partnership
Implementation
Lead Partner(s)
Home Builders Association of St. Louis and Eastern Missouri
St. Louis Realtors Association
Timeline
Ongoing
Near-term
(Within 5 Years)
Supporting Partner(s)
St. Louis County Department of Transportation and Public Works
St. Louis County Department of Planning
Project
Cost
High
($10+ mil)
Project, Partnership, or Policy
Policy
Medium-term
(5-10 Years)
Long-term
(10+ Years)
Potential Funding Sources
St. Louis County Port Authority Community Investment Fund
Tracking Implementation
Assess data to determine which needs more assistance down construction costs or downpayment assistance. Focus on what gap financing is needed most that may not be as successful.
Tracking Success
Permits issued for new housing units (Increase)
Vacant residential lots (Decrease)
If overperforming, what should we do?
Provide more gap financing to write down construction costs and downpayment mortgage assistance.
If underperforming, what should we do?