History

The St. Louis Equity Fund was founded in 1988 with a $75,000 grant from Civic Progress recognizing the need to create a vehicle to syndicate tax credits created by the Low Income Housing Tax Credit Act of 1986. The first Fund created in 1988 raised $3.25 million and facilitated the production of 105 affordable homes. Since that time, the St. Louis Equity Fund has raised more than $194 million of capital which has produced approximately 3,200 housing units having a total development cost of $391 million. During its history the St. Louis Equity Fund has worked diligently to provide benefits to investors, developers, and residents throughout the region.