After releasing a TV ad touting her work to support veterans, Fox News highlights in a new report that McCaskill’s husband, Joe Shepard, is an investor in a company that evicted homeless vets:
“Joseph Shepard’s Sugar Creek Capital, a company he founded, was listed in 2013 as an “Equity Investor (State)” and was the state’s Low-Income Housing Tax Credit (LIHTC) syndicator for the Salvation Army St. Louis Garrison Residence in Missouri.
“The development, designed specifically for homeless veterans and dubbed a “permanent solution” to the problem, received $815,000 in federal LIHTCs and $250,000 in state LIHTCs.
“But the residence attempted to evict at least five former homeless veterans between 2015 and 2016 for owing rent, according to documents obtained by Fox News.”
“McCaskill’s husband’s company also invested in the Freedom Place Apartments, a place ‘dedicated to serving formerly homeless veterans.’”
“In a press release, Sugar Creek said it was “proud to be an investor in the project” and thanked the developers for doing a ‘tremendous job of taking an obsolete building and turning it into a wonderful location for these veteran families.’”
“The residence attempted to evict two former homeless veterans, according to obtained documents.”
Read the full article here.