Rise has developed a total of 93 new low-income housing tax credit single-family lease/purchase homes in the City of Wellston, Missouri. These homes were built on concentrated, but scattered, sites in one of the most distressed communities in St. Louis County. The 40-unit first phase also used St. Louis County HOME funds (completed in 2000). In the second phase, Rise developed 26 more new single-family homes that also used State HOME funds (completed in 2002). The third phase added another 12 new single-family homes (completed in 2005) and the fourth phase added the final 15 new single-family homes that also used County HOME funds (completed in 2009).
|Development Competed in||2009|
|Development Neighborhood / City||Wellston, St. Louis, MO|
|Property Management by||Vatterott Properties|
|Leasing and Maintenance Info at:||www.vatterottproperties.com|