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The rehabilitated facade of a Delphi townhouse
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Multi-Family Housing Rehabilitation - Affordable
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LOCATION |
St. Louis, Missouri |
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DATE BUILT |
late 1800s to early 1900s |
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DEVELOPER |
Delphi Affordable Housing Group |
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COMPLETION DATE |
December 2006 |
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TOTAL REHABILITATION COST |
Approximately $10.8 million |
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FEDERAL/STATE HISTORIC TAX CREDITS |
Approximately $2.16 million/$2.7 million |
| OTHER FUNDING SOURCES |
Low Income Housing Tax Credits |
PROJECT OVERVIEW
MacRostie Historic Advisors LLC served as the historic tax credit consultant to the Delphi Affordable Housing Group in the rehabilitation of 44 multiple family buildings located on scattered sites across four existing National Register Historic Districts (the Murphy Blair District; the Tiffany Neighborhood District; the S. S. Cyril & Methodius District, and the Clemons-Columbia Brewery District) in St. Louis. The collection of buildings represents a range of working class vernacular designs common in St. Louis between the late 1800s and early 1900s, from Second Empire to Classical Revival. All of the buildings were substantially rehabilitated in the 1970s and 1980s, at which time most of the interior historic fabric was removed. These alterations did not affect the historic status of the buildings as contributing structures to the districts, and because the National Park Service does not require that missing historic elements be replicated, the previous rehab work helped to simplify the historic tax credit certification process.
The project scope included deferred maintenance, masonry re-pointing, replacement of non-historic doors and windows, new mechanicals, and interior upgrades such as new flooring and rehabilitation of kitchens and baths. MacRostie Historic Advisors worked closely with the project team to create a scope of work compatible with the Secretary of the Interior's Standards for Rehabilitation, prepared and submitted the required documentation for the federal and state historic tax credit program, and secured the necessary approvals from the State Historic Preservation Agencies (Missouri State Historic Preservation Office and the Missouri Department of Economic Development) and the National Park Service.
This type of scenario, in which a developer owns a large portfolio of previously rehabbed multi-family buildings located within existing historic districts, is ideal for utilizing historic tax credits.