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

Gateway -2821 Texas Before and After Large

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 complete and rehab costs are certified. For more information on Gateway’s lending products, please contact Jaycee Greene, Gateway’s Community Development Lender, at email hidden; JavaScript is required.

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