Preservation of Affordable Housing has obtained the necessary financing for the renovation of Hawthorne Place Apartments, the largest affordable housing community in Missouri. According to The Examiner citing POAH Vice President of Asset Management Kevin Baptista, the company had envisioned the $30 million renovation plans before the coronavirus pandemic started. The 745-unit property’s last major renovations were completed in 2003, after POAH purchased the asset.
Nonprofit Lands Financing for Missouri’s Largest Affordable Housing Community
March 19, 2021