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Commission awards $380M in tax credits for Missouri low-income housing

1 year 4 months ago
With little discussion and just a short period after receiving a list of staff recommendations, the Missouri Housing Development Commission on Friday approved 24 low-income housing projects financed by roughly $380 million in state and federal tax credits. As expected, experienced developers who also make large political donations to statewide officers who serve on the commission received a significant share of the awards. Four of the five top donors submitted projects, and three – JES Holdings,…
Rudi Keller

Campaign cash continues to flow from Missouri low-income housing tax credit industry

1 year 4 months ago
In December 2017, following years of complaints about high costs and political influence in Missouri’s low-income housing tax credit program, then-Gov. Eric Greitens engineered a vote that shut it down. It took Greitens’ resignation due to an unrelated scandal and nearly three years for the state tax credit program to be restarted. It now has a litany of new guardrails — including a project scoring system and set-asides for veterans, the chronic homeless and workforce housing — that…
Rudi Keller

St. Louis Cardinals announce Yadier Molina’s new position with team

1 year 4 months ago
The St. Louis Cardinals on Wednesday named Yadier Molina special assistant to the president of baseball operations. The team did not specify what duties the new role would include, but an MLB insider recently shared the news that the new role would not be a full-time position. In a social media post, Enrique Rojas of ESPN and Spanish language website GrandesEnLosDeportes.com said the legendary Cardinals catcher will not take a full-time role with the team in the coming season due to "family matters."…
Hunter Bassler, Alli Hebel