Missouri Minute: Parson names two members to low-income housing credits commission; T-Mobile hires integration executive

Here are today’s top headlines from across Missouri:

Parson names two members to commission that oversees low-income housing credits

Gov. Mike Parson on Monday named two new members to the Missouri Housing Development Commission, which oversees the state’s low-income housing tax credits. Last year, former Gov. Eric Greitens and his allies on the commission voted against issuing any low-incoming housing credits through the program. That prevented Missouri from matching about $140 million in federal credits and made waves among developers in the state. Read more

T-Mobile hires executive to oversee Sprint integration

T-Mobile has added a new executive position responsible for overseeing the company’s integration of Sprint as the two wireless carriers seek federal approval of their planned $26.5 billion merger. Sunit Patel is T-Mobile’s executive vice president, merger and integration lead, the Bellevue, Washington-based wireless carrier announced Monday. Berge Ayvazian, a consultant for industry research firm Wireless 20/20, said he expects Patel to play a prominent role in deciding the post-merger fates of Sprint employees, buildings and other infrastructure. Read more

Peak Resorts buying Pennsylvania ski resorts for $76 million

Peak Resorts, the Wildwood-based owner and operator of ski resorts, has agreed to acquire Snow Time, a Pennsylvania ski resort operator, for $76 million. Snow Time owns three resorts that serve the Baltimore-Washington D.C. market. The properties saw more than 600,000 guests during the 2017-2018 ski season. Read more

Court rules amendment over ethics, redistricting can stay on November ballot

A ballot measure that proposes changes to Missouri’s ethics laws and redistricting processes will be put to voters in November. The Missouri Supreme Court ensured that Monday when it denied an appeal in a case against the so-called Clean Missouri initiative. Read more

Boutique hotels near completion in downtown St. Louis

Crews are nearing completion of renovations on a pair of boutique hotels slated to open by year’s end along a quarter-mile stretch of Olive Street in downtown St. Louis. Downtown developer Amos Harris said the hotels, in tandem with other planned projects, will help create a sense of density and vitality in the area. Read more

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