Learn how to Fund Your New Real Estate Project at February’s Landlord Training

You are invited to a Feb. 22, Landlord & Rehabber Training, Funding Sources for RE Acquisition and Rehab, offered online in a Zoom meeting. Register here: https://umsystem.zoom.us/j/99831491897?pwd=ak5oK2FMQXJIQ1hTV0diNkRaSEtId

After registering, you will receive a confirmation email from Zoom. Save that email or copy and paste the information into your calendar. You will need that information to join the February 22 virtual workshop.   This session will feature:

  • Steve Bahru of CIBC, offers FHA, VA, Conventional, and Portfolio mortgage products.
  • Colleen Hafner of Rise Community Development Financial Institution (CDFI), Rise’s CDFI focuses on lending to small neighborhood-scale real estate developers and minority-owned contractors. 
  • Randen Click of Gateway Neighborhood Fund, offering home purchase and rehab financing for STL city homes in areas where there are appraisal gaps. Gateway Neighborhood Fund is a collaborative initiative between local banks, the City of St. Louis, and community organizations, including EHOC and Justine Petersen – the fund’s administrator. 
  • Odester Saunders, Managing General Partner of LDS Management LLC, offers Logistics, Design, Strategies and Management concepts for planning, funding, marketing and development of residential and commercial Co-Op Ventures(c) with a focus on distressed neighborhoods. 

Learn about the various funding sources, as well as 1st time homebuyer down payment assistance.

The 2022 Landlord & Rehabber Training is a Northside-Southside Collaboration between North Newstead Association, The Vacancy Collaborative, and Tower Grove Neighborhoods CDC. This FREE training is open to all landlords, property managers, rehabbers, developers, and interested parties. Zoom is ADA compliant with exceptions. If you need special accommodations, please contact dana@towergrovecdc.org

The goal of the Landlord & Rehabber Training Program is to stabilize our communities by building an eco-system of educated landlords, rehabbers, and small developers empowered to reduce vacancy and nuisance.  The program will enlist professionals from real estate, property management, law, accounting, preservation, & finance industries to share their knowledge on acquiring and developing real estate and implementing property management best practices.

This activity is funded by a HUD Community Development Block Grant via the St. Louis Community Development Administration and coordinated by Tower Grove Neighborhoods CDC, North Newstead Association, and The Vacancy Collaborative.

COVID-19 RESOURCES: Tower Grove Neighborhoods CDC has compiled resources for tenants, landlords, and property management during the pandemic – including rent & utility assistance. Review those here: 

https://docs.google.com/document/d/17fz2vrAnqJwXWtv_zNIipfNG3uJQylwHDqsk8oTIwlc/edit?usp=sharing

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s