Washington University Medical Center Redevelopment Corporation

A partnership between BJC Health Care (a nonprofit health care organization headquartered in St. Louis that serves residents in the greater St. Louis, southern Illinois, and mid-Missouri regions) and Washington University School of Medicine, Washington University Medical Center Redevelopment Corporation (WUMCRC) aims to improve the quality of life in Forest Park Southeast and the Central West End—neighborhoods that border the medical campus.  Since its formation in the 1990s, the group is credited with investing more than $35 million in Forest Park Southeast and helping to leverage over $1.5 billion in development.  WUMCTC is currently planning a $27 million mixed-income 150-unit housing project.  To encourage BJC and Washington University employees to live in WUMCRC’s focus areas, the nonprofits offer an Employer Assisted Housing Program, which provides forgivable loans to help employees with down payments or closing costs.

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POINT (-90.2581351 38.6298197)