Buyer Information Form

Compton Hill Apartments

For-Sale Properties

History

Mutual Housing Association

Staff and Board of Directors

• DeSales MHA 2000: Began work on DeSales MHA 2000. This 31-unit Low Income Housing Tax Credit project received a critical allocation of credits in 2000. Over half of the eleven buildings were completed and occupied in 2001. Remaining buildings will be completed early in 2002. Upon completion this project will generate over four million dollars worth of investment in Tower Grove East and Fox Park.

• CDC Grant: Awarded a $40,000 Community Development Corporation Grant from the Department of Economic Development. Grant will be used to fund improvements at the vacant Taco Bell at the corner of Russell and S. Jefferson. DeSales hopes to lease space to a neighborhood-friendly business.

• 3530 Juniata: Purchased 3530 Juniata for inclusion in DeSales Compton Hill Apartments 2002 Low Income Housing Tax Credit application. This six-family will be converted into four garden apartments.

• Hired Office Administrator: Hired Alana Butler for the newly created position of Office Administrator. Alana's duties include fundraising, marketing, and federal grant administration.

• NHS/TGE Plan: In collaboration with Neighborhood Housing Services and the Tower Grove East Neighborhood Association, DeSales is developing a strategic plan for a 10-block area south of Arsenal. Implementation of the plan will begin in early 2002.

• 2919 Michigan: Purchased this foreclosure property that sits next door to two recently completed rehabs by Millennium Restoration. Property will be sold to a qualified owner-occupant or developer.

• 2816 Accomac: Sold this former rooming house to a couple from Soulard. They plan to do a complete historic rehab of the property and convert it back to a single-family, owner-occupied residence.

• Sustainable Neighborhoods: Oversaw the development of the neighborhood plan for the Southside Sustainable Neighborhoods cluster. The planning consultant, Art & Architecture, presented the draft plan at a public meeting in December. The final plan is due in early 2002.

• 2305-11 S. Compton: Demolished an obsolete multi-family building at 2305-11 S. Compton to accommodate a parking lot. Parking lot will provide much needed parking to the commercial tenant at the corner of Compton and Shenandoah.

• Rehab Tour: Held new uses Mini Rehab Tour showcasing corner commercial properties in Fox Park and Tower Grove East. Properties included several examples of live-work space and projects under construction.

• 3500 Utah: Work underway on the conversion of this former corner commercial property into four artist studios. The owner will occupy the former storefront as his own studio.