CONTRACTAPPROVED

St. Louis Housing Authority Awards Construction Contract to Preservation of Affordable Housing Inc (January 2023)

St. Louis Housing Authority logoSt. Louis Housing Authority
Disclosed value
Minimum of $1.8 million in Capital funds from SLHA, plus additional non-SLHA development funding (amounts TBD)
From agenda
Approved
Jan 26, 2023

The 30-second brief

What it covers

The St. Louis Housing Authority Board approved Resolution No. 2960 authorizing execution of a Developer Designation Agreement with Preservation of Affordable Housing, Inc. to redevelop the Clinton-Peabody Apartments under a 75-year ground lease structure. SLHA will retain land ownership, contribute at least $1.8 million in Capital funds, and participate minimally in the ownership partnership while leveraging significant non-SLHA development funding.

Who holds it

Preservation of Affordable Housing Inc holds this construction contract with St. Louis Housing Authority. Its other public contracts on record include work for Town of Orleans and Ohio Housing Finance Agency.

What happens next

Term as filed: 75-year ground lease; development period not specified.

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Contract details

Contract type
Construction
Amount
Minimum of $1.8 million in Capital funds from SLHA, plus additional non-SLHA development funding (amounts TBD)
Document date
January 26, 2023
Term
75-year ground lease; development period not specified
Source document
st-louis-housing-authority-board-of-commissioners-regular-meeting-agenda-january-26-2023_1f6.pdf (Agenda)

Preservation of Affordable Housing Inc's other public contracts

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Questions about this contract

Who was awarded the construction contract by St. Louis Housing Authority?

Preservation of Affordable Housing Inc was awarded this construction contract by St. Louis Housing Authority, as recorded on January 26, 2023. The contract value is Minimum of $1.8 million in Capital funds from SLHA, plus additional non-SLHA development funding (amounts TBD).

How much is the Preservation of Affordable Housing Inc contract with St. Louis Housing Authority worth?

The Preservation of Affordable Housing Inc contract with St. Louis Housing Authority is valued at Minimum of $1.8 million in Capital funds from SLHA, plus additional non-SLHA development funding (amounts TBD), covering construction work.

What type of contract is this?

This is a Construction contract, documented as a agenda record.

Where was this contract approved?

This contract appears in st-louis-housing-authority-board-of-commissioners-regular-meeting-agenda-january-26-2023_1f6.pdf (Agenda), dated January 26, 2023 from St. Louis Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Preservation of Affordable Housing Inc hold?

Preservation of Affordable Housing Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is St. Louis Housing Authority currently buying?

Explore St. Louis Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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