St. Louis Affordable Housing Project Began Construction

The Tower Grove Community Development Corporation is building four new homes to expand housing access for city residents.

Updated on Oct. 10, 2026 in Residential

St. Louis Affordable Housing Project Began Construction

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The Tower Grove Community Development Corporation has begun construction on four new affordable homes on Morgan Ford Road in St. Louis. These units will serve middle-income households looking to purchase property in the city.

Why it matters

This development aims to increase affordable housing inventory in the neighborhood by transforming a former gas station lot into residential property. It provides a new housing option for families and individuals within specific income brackets.

The four planned homes are expected to sell for approximately $230,000 each, falling within the local market range of $120,000 to $289,000. Potential buyers need an annual income of roughly $60,000 for individuals or $80,000 for a family of four.

The players

Tower Grove Community Development Corporation

A local nonprofit organization focused on neighborhood revitalization and increasing the availability of affordable housing options for St. Louis residents.

The details

Development crews are converting a site that served as a gas station for decades into a new residential block. Construction currently involves framing the structures and preparing for roof and interior installation. Because the project is not using a property tax abatement, the units will operate within standard local tax guidelines.

Timeline

  1. Late summer to early fall 2027: The homes are expected to be listed for sale.

Money Landscape

This project aligns with the broader urban strategy of repurposing underutilized brownfield sites to address local housing shortages. It reflects a growing effort to integrate new, affordable residential inventory into established neighborhoods.

If you are interested in these units, ensure your household annual income aligns with the $60,000 or $80,000 thresholds. Consult a qualified financial professional to assess if a $230,000 mortgage fits your current budget and long-term financial goals.

The takeaway

This development offers a potential path to homeownership for middle-income households in St. Louis. Interested buyers should monitor official announcements from the Tower Grove Community Development Corporation as the 2027 sales window approaches.

Further reading

For more information on housing market trends and property development in the city, visit St. Louis Residential.

Source note: This article includes information reported by Firstalert4.

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Do you support the construction of new affordable housing projects in your neighborhood?