The 15th Ward Housing initiative is based on a strategy of increasing home ownership in areas that are densely rental, creating affordable owner occupied housing and creating new markets in housing. The initiative is driven by our census data. We are also striving to facilitate development of our vacant buildings. The Chapter 99 Blighting Bill is a tool that provides tax abatement as an incentive for rehabilitation of a building. Our housing is strengthened with investment and our demographics diversified.
A targeted market for investment is the 15th Ward portion of Gravois Park. Community Development Agency (CDA) Projects: New Construction: 3633-39 Tennessee 3 units for sale, (under construction) Sale Price $115,000.00 Pyramid Con Winnebago & Arkansas 8 units of for sale, new construction, Sale price TBD We have many CDA rehab projects in the planning process: 3457 Giles, BRICO Dev. 3458 S Spring, Sam Meller 3417 Louisiana, Grand Oak Hill 3500 McKean, Millenium 3504 McKean, Wayne Beaty Dev. 3460 Oak Hill
3460 Oak Hill is an LRA Building acquired with Community Development Block Grant CDA is entertaining proposals for the building including a plan for market rate condos, financing and adhering to a time line.