Press Release: Officials Gather to Celebrate the Opening of a $42 Million Affordable Housing Development in Springfield, Missouri

Press Release: Officials Gather to Celebrate the Opening of a $42 Million Affordable Housing Development in Springfield, Missouri

State and local officials, stakeholders, and project partners gathered today to celebrate the opening of Keystone Village, the first completed site of Keystone Family Homes, LP. Comprised of 297 units, this multi-site development represents a $42,841,583 million community investment, which resulted from a partnership between the Housing Authority of the City of Springfield (HAS) and BGCAdvantage. Together, the partners are set to convert the entirety of the existing HAS portfolio through the Rental Assistance Demonstration (RAD) program. In addition to stimulating local spending and taxes, the estimated economic impact of the development includes 487 construction phase jobs and 19 permanent positions.

$10M development to bring housing options to Lake Providence

$10M development to bring housing options to Lake Providence

East Carroll Parish Police Jury Section 8 Housing and BGC Advantage, LLC closed with plans to develop a new affordable low- income housing tax credit community, Lakeshore Family Homes, LP. Construction will begin on the 45-unit infill project located in East Carrol...