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HUD Committee advances Board Bill 88 to convert Baden School into 50 rental units with amended tax abatement
Summary
The St. Louis Board of Aldermen HUD Committee voted to advance Board Bill 88, a redevelopment plan to convert the historic Baden School into 50 housing units with an amended tax-abatement schedule and commitments for deep-affordability units and historic rehabilitation funding.
A St. Louis Board of Aldermen Housing, Urban Development and Zoning Committee meeting on Jan. 23, 2025 advanced Board Bill 88, approving a redevelopment plan for the 1100 Veronica Avenue area that would convert the historic Baden School into 50 residential units and provide a modified tax abatement schedule.
The measure, introduced by Alderman Pamela Boyd and presented by developers and St. Louis Development Corporation (SLDC) staff, was amended in committee and received a do-pass recommendation to the full Board.
The redevelopment would reuse the 1907 Baden School building, combine historic tax credits and low-income housing tax credits, and rely on public financing sources identified by presenters. Chris Sherman of…
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