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Preservation of Affordable Housing, Inc. Named Developer for Clinton-Peabody Redevelopment

February 15, 2023

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A long-awaited transformation is on the horizon for the Near Southside. The St. Louis Housing Authority (SLHA) recently announced the selection of Preservation of Affordable Housing, Inc. (POAH) as the master developer of the historic Clinton-Peabody Apartments.

“Redeveloping the Clinton-Peabody Apartments is a key priority for the St. Louis Housing Authority,” says SLHA Executive Director Alana C. Green. “Although the COVID-19 pandemic delayed our efforts, I am pleased that we are now able to move forward with this historic and much-needed revitalization for our residents and the city.”

Situated on approximately 24 acres in the historic Peabody-Darst-Webbe neighborhood, Clinton-Peabody is the oldest public housing development within the SLHA portfolio. The property, consisting of 358 units in 31 buildings, has served as an affordable housing solution for extremely low-income families since 1942. In March 2022, the SLHA released a solicitation seeking a full-service master developer to revitalize the obsolete property – a top priority in the agency’s strategic plan. Of the seven responses received, POAH’s proposal ranked highest for the developer’s demonstrated ability to preserve affordable communities. More importantly, the developer is committed to working collaboratively with Clinton-Peabody residents and Tenant Association Board (TAB), the SLHA, and community stakeholders on all phases of the project. POAH guarantees the master plan will reflect the community’s vision and honor past, current, and future residents.

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