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Committee advances 71-unit affordable housing project in Fox Park area with due-pass recommendation
Summary
A St. Louis City committee on Tuesday advanced Board Bill 58, a proposal to develop 71 affordable apartments across Fox Park, Benton Park West and Tower Grove East, out of committee with a due-pass recommendation.
A St. Louis City committee on Tuesday advanced Board Bill 58, a proposal to develop 71 affordable apartments across Fox Park, Benton Park West and Tower Grove East, out of committee with a due-pass recommendation. The committee approved a procedural “in bank” placement and later moved the bill out with a due-pass recommendation by roll call.
Vice Chair Sonnier introduced the project as a scattered-site development with a unit mix of three 1-bedroom, 52 2-bedroom and 16 3-bedroom apartments. Committee materials list a total development cost of about $14.2 million and state that all proposed rents are below 50% of area median income (AMI). The project is proposed to be operated by Foxgrove…
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