It's still another of example of how performing research and keeping track of upcoming opportunities can lead to a big pay day in the future. This Friday (12/13) is scheduled to be a big day for St. Louis, and could be even bigger for real estate developers, contractors, and brokers that stay on this situation, whether in St. Louis or not.
Legislation is in the works to allot $100 million for affordable housing and neighborhood economic development throughout the city of St. Louis. The goal is to have it be in place by Spring of 2025. I'm sure some of the real estate professionals and investors will skim by this because there is nothing immediate. (The specifics are in the below linked article.)
I'm writing this for those that see the potential for significant opportunities. This is an ideal chance to form a collaborative partnership that would bring financial and business benefits for years to come. If you wait until after this (and similar in other places) passes to start planning, you would be months behind those who will be ready to pounce with initial proposals.
Now is the time to collaborate. For example, I already have access to:
+ "Pre-constructed" housing that can be delivered and assembled when scheduled, eliminating construction and supply chain delays
+ A 100% Funding on Vertical Residential Construction Program
+ Technology like Custom Interactive Virtual Staging to help pre-lease or pre-sell proposed properties
+ Extensive market research, feasibility study, and offering memorandum creation experience
Instead of saying, "How did they do that?", you can be the one on the inside with deals in place. Let's connect!
https://www.stlpr.org/government-politics-issues/2024-12-11/st-louis-rams-settlement-money-tishaura-jones-megan-green
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