15-Year Tax Abatement Recommended for Tiffany Developers

St. Louis Development Corporation staff and the LCRA board have recommended a 15-year tax abatement package for Tiffany Developers, LLC’s $15.4 million Tiffany Scattered Sites II affordable housing project. The incentive would provide 10 years at 90% abatement and 5 years at 50% on new incremental property taxes, subject to Board of Aldermen approval and execution of a redevelopment agreement.

Document date · June 23, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$15.4 million total project cost

Contract type

OTHER

Contract term

15 years of tax abatement (10 years at 90%, 5 years at 50%)

Renewal date

2041-12-31

Renewal

Chapter 99 and potentially Chapter 353 framework allows up to 15 years of tax abatement; no further renewals beyond this period are authorized in the plan.

Document type

AgendaPacket

Source document

St. Louis Board of Aldermen Housing, Urban Development & Zoning Committee AgendaPacket 2026-06-23

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City of St. Louis, Missouri$15.4 million; total capital investment of $15,404,094Oct 5, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of St. Louis?

Tiffany Developers Llc was awarded this government contract by City of St. Louis, as recorded on June 23, 2026. The contract value is $15.4 million total project cost.

How much is the Tiffany Developers Llc contract with City of St. Louis worth?

The Tiffany Developers Llc contract with City of St. Louis is valued at $15.4 million total project cost.

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in St. Louis Board of Aldermen Housing, Urban Development & Zoning Committee AgendaPacket 2026-06-23 (AgendaPacket), dated June 23, 2026 from City of St. Louis. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Tiffany Developers Llc hold?

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