JVL Renaissance I

1129 Hickory Street, Aurora, Missouri 63104

Contact JVL Renaissance I

For the first time ever, St. Louis Equity Fund facilitated development in order to preserve one of St. Louis’ largest, affordable housing developments now known as JVL Renaissance I. SLEFI led efforts to create a new organization, known as JVL Renaissance, Inc., and acquired 62 HUD-owned buildings in North St. Louis. This project consists of 136 units and over 60% are three, four or five bedroom homes.

Eligibility for JVL Renaissance I

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Aurora but actual income limits may differ for units at JVL Renaissance I.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$27,100	$30,950	$34,800	$38,650	$41,750	$44,850	$47,950	$51,050
Low Income (60%)	$32,520	$37,140	$41,760	$46,380	$50,100	$53,820	$57,540	$61,260

JVL Renaissance I Details

135 bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.