St. Louis School Converted for Teacher Housing – NMP Skip to main content

St. Louis School Converted for Teacher Housing

Oct 10, 2016

A new effort to help teachers in St. Louis locate affordable housing involves the transformation of a defunct school building into a housing complex exclusively for teachers.

According to a St. Louis Post-Dispatch report, the city’s Wilkinson School, which closed in 2008, is being transitioned into a 40-unit apartment development that will be marketed primarily to local teachers. This endeavor is being spearheaded by the St. Louis Public Schools (SLPS) system to help the city keep its teachers from moving to suburban districts. Other cities, including San Francisco and Baltimore, have similar programs, and the Teacher Corps has an identical program that provides housing in a former convent to aspiring educators St. Louis’ Catholic schools.

“We’d love to see this as a pilot that could be replicated in not only other SLPS buildings, but maybe other cities and states that are struggling to retain quality teachers,” said Donna Smith, of Smith NMTC Associates LLC, a local company chosen by the SLPS to convert the defunct school. Smith added that it was too early to determine the rental prices for apartments in the former Wilkinson School; rents for a one-bedroom apartment in St. Louis can run for $1,000 or higher in certain parts of the city.

The Wilkinson School is among 22 vacant properties that were recently marketed by the SLPS for conversion into commercial real estate developments. Other former school buildings are being transformed into senior living developments and community centers.

About the author
Published
Oct 10, 2016
July CPI Eases Mortgage-Rate Risk, But Doesn’t Promise Relief

Consumer inflation rose just 0.1% in July, reducing pressure for a September Fed rate hike as mortgage rates remain near their highest levels of the year

Aug 13, 2026
The Fed Held. The Mortgage Market Got A Warning.

Three policymakers favored an immediate hike, while Warsh welcomed higher bond yields and offered no clear path toward mortgage-rate relief

Jul 30, 2026
New Study Finds UWM's 'All-In' Triggered Industrywide Pricing Spillovers

Research shows wholesale competitors responded to the 2021 Rocket ban by lowering mortgage rates,

Jul 15, 2026
First Major Housing Reform In Decades Becomes Law Without Trump's Signature

Bipartisan ROAD to Housing Act advances supply, construction, and mortgage reforms despite White House protest

Jul 10, 2026
Mortgage Star Conference Honors Women Shaping The Future Of Mortgage Leadership

MWLC honors leaders driving innovation, mentorship, and growth across the mortgage industry

Jul 09, 2026
June Jobs Report Improves Mortgage Rate Outlook

Slower hiring strengthens bonds and eases concerns over additional Fed tightening

Jul 02, 2026