AFFORDABLE HOUSING FINANCE - Richard Baron Reflects on Firm's 50-Year History
Richard Baron, an idealistic Legal Aid lawyer representing low-income tenants in St. Louis, and Terry McCormack, an experienced labor leader and home builder, joined forces in 1973.
They formed a company with hopes of rebuilding struggling communities by providing housing options for all people. Now celebrating 50 years, McCormack Baron Salazar is one of the nation’s leading developers of economically integrated urban neighborhoods.
The company has developed more than 25,000 homes and 1.6 million square feet of commercial space over the years.
To commemorate its landmark anniversary, the St. Louis-based firm is looking back at some of its most transformative projects and lessons learned in a new book. Affordable Housing Finance caught up with Baron to discuss the company’s history and future.
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