Search

St. Louis housing advocates look to new ‘greenlining’ fund to help fix broken housing market

April 2019


The young couple really wanted the rehabbed brick row house, one of the oldest residences in the neighborhood. But there was a problem.


The two-story house, which was listed for $210,000, appraised at just $155,000.


Given its condition, Travis Cox, 31, and his fiancée, Bri Yung, 25, thought the asking price was reasonable. They loved the refinished hardwood floors, new fixtures and ample natural light.


The low appraisal, though, meant they’d have to bring more cash to the table — cash they didn’t have.


READ FULL ARTICLE

 Contact Us

Subscribe to Updates

© 2019 by Gateway Neighborhood Fund