Case Study
Alumnus Gardens West: Phase Two in The Ville
52 homes on St. Louis Avenue in The Ville, St. Louis, the second phase of Alumnus Gardens.
Key facts
52
Homes The Ville, St. Louis
9%
Tax credit Low Income Housing Tax Credit
24-083
MHDC award QAP2024 Funding Round 1
2027
Status Under construction, completion 2027
Source: the MHDC application for Alumnus Gardens West, as filed.
The homes
Alumnus Gardens West is 52 homes in one building at 4457 St. Louis Avenue. In the application, 46 are Low Income Housing Tax Credit homes and 6 are market rate.
The application also sets aside 11 homes funded through HOME, 11 through the National Housing Trust Fund, 13 as permanent supportive housing, and 3 as accessible homes.
It estimates 60 full-time construction jobs and 3 permanent jobs.
Phase two
Phase one, Alumnus Gardens, is 60 homes at 4409-47 St. Louis Avenue. It opened, was damaged by a tornado, and is being rebuilt. The phase one case study →