This grocery store and gas station ended one of the most prominent Food Deserts in the County of St. Louis. PACE Equity funding provided the needed capital to get this project off the ground. The complex capital stack included New Market Tax Credits and a USDA-backed loan.
CITY: St. Louis County, MO
PROJECT TYPE: Complex Capital Stack, Funding “First”, New Construction
ASSET CLASS: Retail
FUNDING AMOUNT: $2.7 Million
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