New Ronald McDonald House Receives $6 Million in New Markets Tax Credits from SLDC

To support the Ronald McDonald Charities of St. Louis’ $30 million construction of a new Ronald McDonald House, in April, the SLDC board of directors voted to allocate up to $6 million in New Markets Tax Credits to the project. 

The four-story, 73,000-square-foot facility, which will replace a demolished church at 4321 Chouteau Ave. in Forest Park Southeast, is to have 72 rooms and will significantly upgrade the experience for families staying there. The added capacity from the new House will allow RMH to serve approximately 450 additional families each year, 40% more than its current capacity. 

Ronald McDonald House services are provided free to families whose children are receiving treatment at the four nearby major children’s hospitals, St. Louis Children’s Hospital, SSM Health Cardinal Glennon Children’s Hospital, Shriners Children’s Hospital and Mercy Children’s Hospital.

Learn more at https://rmhcstl.com/letsmakeroom/

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SLDC Supports St. Louis Symphony Education and Learning Center with $7 Million New Markets Tax Credits Allocation