The St. Louis Equity Fund aims to stimulate the development of affordable, low- and moderate-income housing to revitalize and stabilize St. Louis neighborhoods. To do so, the fund attracts corporate investors that earn a market rate of return and uses affordable tax incentives to catalyze public-private partnerships around development projects. Since the Fund’s inception in 1988, it has raised $367 million, investments that have leveraged $644 million of development in 4,446 units of affordable housing.
