Rise Community Development (Rise)

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Executive Director & President: Stephen Acree
Email: stephen@risestl.org
Phone: (314) 333-7000
Address: 1627 Washington Ave., St. Louis, MO 63103
Website: http://www.risestl.org/

Profile:
Rise Community Development (Rise) was formed as Regional Housing Alliance (RHA), a tax-exempt not-for-profit corporation engaged exclusively in providing technical assistance to nonprofit community development organizations in 1989, and became Regional Housing and Community Development Alliance (RHCDA) in 1997 when it combined with Technical Assistance Corporation (TAC), a not-for-profit revitalization-driven real estate developer. RHCDA changed its name to Rise Community Development in 2013, but continues the traditions of both TAC and RHA through its combination of community-based planning and redevelopment and sophisticated level of expertise in structured finance for difficult but strategic real estate development initiatives.

Rise connects key groups working to revitalize communities and neighborhoods in the Greater St. Louis area. The Rise team develops affordable and market-rate housing in partnership with neighborhood stakeholders, particularly in areas where they see the potential to enhance diversity of all types—social, cultural, lifestyle, and economic. Rise’s staff brings extensive industry expertise to all stages of neighborhood revitalization and development, providing consulting and data-driven strategic guidance to help kick-start, finance, manage, and successfully complete neighborhood redevelopment projects.

With the development of more than 4,000 homes and 60,000 square feet of commercial space, Rise has helped 42 communities across the region as a community developer, consultant, and lender. In addition to providing housing development services, Rise delivers technical expertise for capacity-building support and access to financing, with the ability to navigate tax credits and structured financing and tackle grants. Through their Regional Neighborhood Support Collaborative program, Rise has provided $2.7 million in operating grants to 20 community development organizations.