DeSales Preservation closed on February 28, 2017! This development will consist of 65 scattered-site units in 19 buildings located in South St. Louis City. There will be a mix of one, two, three and four-bedroom units, all of which will be rent-restricted LIHTC units available to households at or below 60% of area median income.…
Colleen Hafner, Asset Manager – Compliance for SLEFI and Vice President of Gateway CDFI, celebrates 10 years with SLEFI in February. Colleen joined SLEFI in 2007 and assists in managing the Fund’s portfolio for compliance with Section 42 rules and limited partnership requirements. Colleen’s role with Gateway CDFI includes assisting with underwriting and servicing a first mortgage…
The Missouri Workforce Housing Association will be hosting its 7th annual conference June 28-30, 2017. The conference will take place at The Lodge of the Four Seasons at the Lake of the Ozarks. The MOWHA Annual Conference is an excellent opportunity to network with affordable housing leaders from across Missouri and to hear from national…
The Federal Home Loan Bank of Des Moines has recently re-elected John Kennedy to a four-year term as an independent public interest director on the Bank’s board. In addition to his service on the Board, John currently serves on the following Bank committees: Risk and Business Operations and Technology. The FHLB Des Moines Board of…
We are pleased to announce that DeSales Community Housing Corporation’s affiliate, Fox Grove Management, has purchased the assets of Community Asset Management Company (CAMCO). Fox Grove assumed the management of more than 1,000 apartments and homes previously managed by CAMCO. Prior to the purchase, Fox Grove managed 529 units and had 15 employees; it now…