Yes. Rise is very active in areas of public policy that affect urban redevelopment.
Rise makes a difference through smart, sustainable neighborhood revitalization.
Rise often partners with state and local officials in various ways. For example, Rise utilizes valuable tools such as federal and state Affordable Housing Tax Credits, Historic Tax Credits and federal New Markets Tax Credits in order to fund new redevelopment projects. Rise also raises funds and develops projects in partnership with cities, such as the City of East Alton, Illinois, and city commissions, such as the City of St. Louis Affordable Housing Commission.
Rise is funded by grants and contributions, fees earned from development projects, development consulting and other kinds of development-related consulting work.
I am a nonprofit community development organization that has a project I think would be perfect for Rise, who do I contact about a potential project?
I am a nonprofit community development organization that is looking for predevelopment financing for a redevelopment project we are planning, who do I contact about a predevelopment loan?
I’m a community member that believes my neighborhood would benefit from Rise’s attention, who do I contact about a potential project?
If there is a local nonprofit community development organization in your area, please contact them first. If not, or if you don’t know if there is such an organization in your area, please contact Rick Bonasch, Director of Technical Assistance, 314-333-7007 or [email protected]estl.org.
Rise supports St. Louis City and St. Louis County in Missouri and Madison and St. Clair County in Illinois, and focuses heavily on targeted partner neighborhoods.
Rise partners with communities to build stronger, more equitable St. Louis area neighborhoods.
Rise typically plays a lead role in structuring the financing for and serving as the developer or development consultant for particularly difficult neighborhood revitalization projects. In the process, we provide technical assistance and financial resources to nonprofit community-based development organizations in order to help them sustain the improvements made in St. Louis area urban core neighborhoods.
Rise offers housing development, GIS database and mapping services, public sector community development technical assistance and residential development consulting. Rise also operates a Predevelopment Loan Fund for nonprofit organizations and provides programs such as the CDC Capacity Building Program and the Regional Neighborhood Support Collaborative Grant Program.