Loft opening represents more affordable housing for St. Joseph

The Community Action Partnership of Greater St. Joseph and Jeffrey E. Smith Development, Inc., will have a grand opening and ribbon cutting ceremony for Lofts at Landmark, 210 North 4^th Street, at 1 p.m., Thursday, Feb. 23.

The lofts are part of the downtown Warehouse District conversion in St. Joseph.  The complex includes the rehabilitation and conversion of 45 units for family including 13 one-bedroom apartments renting for $355 and 32 two-bedroom apartments renting for $395.  Financing includes $563,000 in state and federal Rental Housing Tax Credits.  

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NOTE TO EDITORS:  Media representative questions can be directed to Brandon Laster, Public Information Officer, at 816.759.6692 or e-mail blaster@mhdc.com.  If you would like to receive this release by e-mail in rich-text format, please email blaster@mhdc.com and provide us with the appropriate e-mail address.

Other contacts: 

Tami Oidtman, JES Companies, 800.424.0338 or 573.443.2021; e-mail:  tloidtman@jesmith.com.

MHDC is the state's housing finance agency. The Commission is dedicated to strengthening communities and the lives of Missourians through the financing, development and preservation of affordable housing. Since 1969, MHDC has encouraged and assisted in the production of affordable rental housing and provided homeownership opportunities for thousands of families while investing almost $4 billion in Missouri housing for rental housing developments, home mortgages, home improvement loans, loans to landlords for renovations, grants to neighborhood housing groups and other programs.  MHDC does not build or renovate housing itself; rather, it functions as a bank, providing financing directly to borrowers or through a network of private lending institutions. Most of MHDC's programs operate as a public-private partnership.