Recommendation LR.6
Recommendation Status: Expand
Convene local homeless service providers and affordable housing developers regularly to increase the supply of emergency, transitional, and permanent housing for unhoused and underhoused residents.
This recommendation helps achieve the following
Key Issues Addressed
Complete Communities
Inclusive
Economies
Leading the Region
Related Planning Topic Areas
Applicable Geographic Scales
Countywide
Municipalities
Sub-geographies
Equity Considerations
Increase affordable housing units but ensuring units are in well-resourced communities. Avoid concentrating units in areas that are under resourced.
Sustainability Considerations
Providing the supply of quality affordable housing addresses affordability and can help reduce population loss.
Implementation
Lead Partner(s)
St. Louis County County Department of Human Services (Homeless Services Program)
Supporting Partner(s)
St. Louis County Office of Community Development
Loaves and Fishes for St. Louis, Inc.
Circle of Concern
Missouri Veterans Endeavor
Salvation Army Midland Division
Community Action Agency of St. Louis
Institute of Community Alliances
Cost
Low
(Less than $1 mil)
Medium
($1-10mil)
High
($10+ mil)
Project, Partnership, or Policy
Project
Partnership
Policy
Timeline
Medium-term
(5-10 Years)
Ongoing
Near-term
(Within 5 Years)
Long-term
(10+ Years)
Potential Funding Sources
U.S. Department of Housing and Urban Development Emergency Solutions Grant
Housing Choice Vouchers
Low Income Housing Tax Credits (LIHTC)
Section 8 Rental Assistance
Public Housing
Section 202 Housing
Tracking Implementation
Tracking Success
Increase of annual subsidized housing units identified at or below 30% of Area Median Income
Increase of federal funding sources used in geographic areas at - or above 80% of Area Median Income.
If overperforming, what should we do?
Conduct economic feasibility of five - to 10-year property tax abatement Policy as a developer incentive to help offset operating expenses and capital reserves of rental housing.
If underperforming, what should we do?
It is not foreseeable that housing affordability will meet housing construction and cost of living expenses.