Save a $9.8M Historically Renovated Homeless Facility from becoming an NFL Parking Lot.
Save a $9.8M Historically Renovated Homeless Facility from becoming an NFL Parking Lot.
The Issue
With your signature on this petition, you can tell the City of St. Louis and the State of Missouri that you do not approve of destroying beautiful and affordable transitional housing for veterans and formerly homeless. Plans are in the works to demolish the "Stamping Lofts" and turn it into a NFL Stadium parking lot for an owner of a team that doesn’t want to stay in St. Louis.
Why should you care? When the $9.8 million dollar rehab of the “Stamping Lofts” (listed on the National Register of Historic Places) was completed two years ago it was touted as “one example of the success of the St. Louis City’s housing strategy” that will provide housing for 61 veterans, ex-convicts, and formerly homeless persons. Construction on this amazing historical landmark began in 2012, largely funded through federal and state low income housing and historical tax credits, and converted the Historic St. Louis Stamping Company into a complex that provides housing (56 studio apartments) for low income individuals with special needs including military veterans, ex-offenders and those who were formerly homeless. By March of 2013 it was already 2/3rd full and by all accounts something that the Mayor, the City of St. Louis residents, and the State of Missouri viewed as “integral to the city’s ‘housing first strategy’- a strategy to produce permanent housing for the homeless”. Indeed, the Stamping Lofts were part of this strategy until parking lots were considered for a new NFL stadium (we already have a perfectly good one).
By signing this petition you will be telling the legislative officials of the City of St. Louis and the State of Missouri that they should not demolish a beautiful and permanent transitional housing facility for a new publicly subsidized NFL stadium which the residents of the City of St. Louis have said they do not support.
What is being lost by leveling housing for veterans, ex-cons and the formerly homeless? A successful $9.8 million dollar investment mainly funded by State and Federal Money:
9% LIHTC Equity $6,224,378
Federal Historic Tax Credit Equity $1,294,400
State Historic Tax Credit Equity $1,485,315
State Housing Tax Credit Equity $696,930
General Partner Equity $133,121
Total Stamping Loft Investment $9,834,144
The Issue
With your signature on this petition, you can tell the City of St. Louis and the State of Missouri that you do not approve of destroying beautiful and affordable transitional housing for veterans and formerly homeless. Plans are in the works to demolish the "Stamping Lofts" and turn it into a NFL Stadium parking lot for an owner of a team that doesn’t want to stay in St. Louis.
Why should you care? When the $9.8 million dollar rehab of the “Stamping Lofts” (listed on the National Register of Historic Places) was completed two years ago it was touted as “one example of the success of the St. Louis City’s housing strategy” that will provide housing for 61 veterans, ex-convicts, and formerly homeless persons. Construction on this amazing historical landmark began in 2012, largely funded through federal and state low income housing and historical tax credits, and converted the Historic St. Louis Stamping Company into a complex that provides housing (56 studio apartments) for low income individuals with special needs including military veterans, ex-offenders and those who were formerly homeless. By March of 2013 it was already 2/3rd full and by all accounts something that the Mayor, the City of St. Louis residents, and the State of Missouri viewed as “integral to the city’s ‘housing first strategy’- a strategy to produce permanent housing for the homeless”. Indeed, the Stamping Lofts were part of this strategy until parking lots were considered for a new NFL stadium (we already have a perfectly good one).
By signing this petition you will be telling the legislative officials of the City of St. Louis and the State of Missouri that they should not demolish a beautiful and permanent transitional housing facility for a new publicly subsidized NFL stadium which the residents of the City of St. Louis have said they do not support.
What is being lost by leveling housing for veterans, ex-cons and the formerly homeless? A successful $9.8 million dollar investment mainly funded by State and Federal Money:
9% LIHTC Equity $6,224,378
Federal Historic Tax Credit Equity $1,294,400
State Historic Tax Credit Equity $1,485,315
State Housing Tax Credit Equity $696,930
General Partner Equity $133,121
Total Stamping Loft Investment $9,834,144
Petition Closed
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Petition created on December 14, 2015