Did Top Dem's Husband Get Rich Evicting 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.
In April 2016, the Salvation Army St. Louis Garrison Residence filed an eviction lawsuit against Raymond Black for failing to pay $233.25 in rent.
That same year, another veteran – presumably struggling with the transition to civilian life – was threatened with eviction for being behind $290 on his rent.