News

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Gateway Welcomes New Participants to its Loan Pool

We are pleased to welcome Banterra Bank, F&M Bank and Providence Bank to the St. Louis Participation Loan Pool. Gateway currently administers Participation Loan Pools for the purpose of creating or preserving affordable housing in its target markets, the St. Louis and Kansas City metropolitan regions. Loan pool products include permanent first mortgage financing, purchase, rehab […]

Gateway Loan Provides Financing to Rehab Beautiful Home in Benton Park West Neighborhood

Gateway provided an acquisition and rehabilitation loan for this single family home located on Texas Avenue in St. Louis City’s Benton Park West neighborhood. Historic tax credits were issued for the historic rehab of this home and Gateway’s loan was also used to bridge the financing of the tax credits since they are not issued until construction is […]

Gateway Welcomes Jaycee Greene as Community Development Lender

We are pleased to announce that Jaycee Greene has joined Gateway as Community Development Lender. He is primarily responsible for business development and loan origination, as well as marketing Gateway’s participation loan funds. Before joining Gateway, Jaycee was most recently the Director of Business Development for Denali CFO Solutions, a boutique consulting firm that provides outsourced […]

Gateway Seeks Community Development Lender

Gateway is looking for a Community Development Lender. This position will have significant responsibility for business development and loan origination, and will market Gateway’s participation loan funds while participating in various industry events in fulfillment of those responsibilities. The primary duties of this position are to develop and maintain lending relationships while identifying, structuring, and […]

Gateway Offers Section 42 Training

Gateway has invited Erik Whitton with EJW Qualified Compliance Consulting, LLC to conduct a one day Section 42 and HOME training seminar. Erik has over 17 years of experience in the multifamily affordable housing industry and is an expert in this field. For more information, please see the registration form or contact Amy McDermott at email hidden; JavaScript […]

Gateway is pleased to be part of the newly formed Kansas City CDFI Coalition

The Kansas City CDFI Coalition announced its launch on December 19, 2017. The Coalition is a partnership among 13 certified and emerging Community Development Financial Institutions (CDFIs) that offer an array of capital, development and consulting services, and share a common mission to empower low- to moderate-income communities. Gateway is proud to be part of […]

CDFI Day in Kansas City

Join Kansas City area CDFIs, banks and philanthropic organizations for Kansas City’s CDFI DAY at the Federal Reserve Bank of Kansas City on November 14, 2017. Annie Donovan, Director of the U.S. Treasury’s CDFI Fund, will give the keynote address, after which participants will break into two groups to learn from banks and philanthropies their […]

Gateway’s Lending Activity Increases

Gateway’s Participation Loan Pool in St. Louis has loans outstanding of just under $1 million. In addition, guidance lines have been approved for three Community Development Corporations totaling just over $1 million that will permit these entities to purchase, rehabilitate and offer for resale distressed properties in St. Louis. And most recently, the Loan Pool […]

SAVE THE DATE – LIHTC Compliance Training in St. Louis!

Gateway CDFI is hosting a low-income housing tax credit compliance seminar on Tuesday, May 17, 2016.  The training will be presented by Erik Whitton with Spectrum Enterprises, Inc.  and will fulfill MHDC’s Section 42 compliance training requirement.  Look for the registration information in March.  Seating is limited so please respond to the registration quickly. We look forward to […]

Gateway’s consulting practice continues to grow

Late summer was a busy time for Gateway.  Staff and consultants completed one application for housing financed with Low Income Housing Tax Credits and also secured contracts for pre-development and construction management work for two additional tax credit- financed properties; one in St. Louis with the Salvation Army – Midland Division, for the 3010 Apartments, […]

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Had it not been for the receipt of this funding, we simply would not have been able to begin our project.

Margaret May - Executive Director, Ivanhoe Neighborhood Council

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