New Housing Model Gives St. Louis Artists an Affordable Path to Ownership

A St. Louis organization is working to revitalize lower- to moderate-income neighborhoods through art—but with a radical twist.

​Traditionally, artists move into underinvested neighborhoods, add cultural value, and are subsequently priced out when market-rate developers swoop in.

The Art Place Initiative (API) is rewriting that script by helping local artists buy the homes they live and work in.

​“For us, artists contributing to the wealth of a neighborhood, but then being the first to be displaced from that neighborhood, is exactly the trend that we are attempting to supersede,” Kaveh Razani, a real estate development consultant for API, told Realtor.com.

​Founded in 2019, API was created in response to the Gravois-Jefferson Historic Neighborhoods Plan, a community-driven master plan that called for increased arts amenities, affordable housing solutions, nonprofit models to preserve long-term affordability, and transitioning renters into homeownership in St. Louis neighborhoods.

​The foundation was brought together by three organizations: the Incarnate Word Foundation, the Kranzberg Arts Foundation, and the Regional Arts Commission.

The outreach

The Incarnate Word Foundation aims to fund organizations with the goal of addressing the fundamental reasons for poverty and racial disparity, while the Kranzberg Arts Foundation provides infrastructure, resources, and performance spaces to keep the local arts community thriving.

​These two nonprofits partnered with the Regional Arts Commission, the largest public funder of the arts in St. Louis, which supplies grants and resources, and redistributes a portion of local hotel/motel tax to public art.

​API’s mission is to build “wealth and equity for low- to moderate-income artists through homeownership,” Razani said. “Our mission has since expanded to also preserve and create neighborhood wealth through the cultivation and development of public space.”

​To kick-start the project, API partnered with the city land bank to acquire 24 parcels within a 4-by-1-block radius in the South City’s Gravois Park neighborhood. From there, the organization partnered with Habitat for Humanity, a nonprofit that works with volunteers to build safe, affordable housing, as its main development partner.

​API also teamed up with the Dutchtown South Community Corporation to serve as API’s driving neighborhood liaison for fostering relationships with the local community.

The building phase

​In March 2020, API had planned to begin building its first homes, but with the COVID-19 pandemic looming, it had to delay construction until the end of the year. API’s first house was completed in 2021, with its second following in 2022.

​By then, API tapped into its American Rescue Plan Act dollars to fund its next assortment of houses, selling a third house in early 2026. API plans to sell its fourth and fifth houses later this year.

Currently, API has three units under construction and plans to break ground on another three by year’s end, moving steadily toward its ultimate goal of building 18 affordable homes in the neighborhood.

​API serves artists within a 25% to 75% area median income (AMI) range, frequently selling homes for far less than they cost to build. To bridge that gap,  the organization relies on municipal and developer subsidies. Buyers also benefit from a 90% property tax abatement for 10 years, thanks to the neighborhood’s designation as a Qualified Census Tract.

While API’s first two homes sold for $180,000 and $170,000, respectively—well below the city’s June 2026 median listing price of $212,000—rising material costs mean future homes will target a higher range of $225,000 to $275,000.

Despite the changing price points, API has ensured that the quality of the homes remains a priority. The organization has developed and instituted universal design guidelines that guarantee both the exterior and interior quality of the build is upheld.  

​“We take it very seriously that each home, while not being the exact same design, essentially fits a certain set of guidelines that is fairly universal, regardless of what medium of artist you are,” Razani said.

​The program defines an artist as “any individual who identifies themselves as such, and has a commitment and/or participation in dedicated practice. The creation of art may be separate from said person’s source(s) of income.”

How to buy

​To qualify for one of these homes, API has set up an application where artists connected to the community must fill out their financial information. Once applicants qualify, they are provided with all of the necessary resources to become successful long-term homeowners.

​“We’re not going to be the experts on a lot of things,” API Executive Director Jennifer Allen said. “So we partner with people that are the experts.”

​Applicants undergo financial wellness checks with the , receive free tax preparation from volunteer lawyers and accountants, and attend homebuyer-readiness workshops hosted by Habitat for Humanity.

Furthermore, to keep the properties affordable for future generations of creatives, API uses a resale formula based on AMI shifts to cap equity upon resale. While the artists own their home and the land underneath it, there is a deed restriction in place on each home that states that the house must be sold to API or its designee.

“While deed restrictions are often known for the harm they’ve caused in the past, this one is used to ensure that we get to broker any sales of the homes to the next low- to moderate-income artist,” Allen explained. “API has no desire to own homes.”

API is also working to create a Cultural Land Trust (CLT) to “own and steward cultural assets.” API is currently building the CLT’s governance structure, geography, and what types of cultural assets the CLT will steward. The aim is to establish the CLT as a formal entity in 2027.

“We really believe that arts-based community development is actually one of the best tools in the toolbox for creating change in St. Louis right now,” Allen said. “There’s all of these social, economic, and, quite honestly, mental, and spiritual benefits to having art and artists in your community.”

​API believes St. Louis, with its deep artistic roots and high volume of vacant land, is the perfect testing ground for this unique model. But the visual impact goes far beyond the houses themselves.

​“When artists apply to our program, we ask them, ‘Would you be willing to lead a community art project with the neighbors in the neighborhood?’ And they always have said yes,” Allen explained. “We come together and create … spaces in the neighborhood itself, where people are seeing murals or sculptures or pocket parks.”

​While St. Louis’ real estate market makes land acquisition much more affordable, API believes this model could be expanded beyond St. Louis.

​After completing its current goal of 18 affordable homes for artists in the Gravois Park neighborhood, API plans to partner with more neighborhoods to carry on the mission.

​”Artists have a lot more facets to who they are and what they do that can really bring neighbors together; it adds beauty,” Allen said. “Even though it can seem hard in these other expensive markets, people are getting creative.”