SLEFI closed on the historic Webster School development on 11/16/2020. The development is located in the Old North St. Louis neighborhood in St. Louis City and includes 49 two-bedroom units restricted to senior households (aged 55+), all of which are LIHTC units restricted to 60% AMI utilizing the average income set-aside. Lewis McKinney with LMAC Holdings, LLC…
Read MoreSince we were unable to host the annual SLEFI House Tour, we thought we’d bring the house tour to each of you. We hope you’ll enjoy this virtual tour of our accomplishments in 2020 – Scott Manor Apartments, STAR Residences II, Affordable Homes of Berkeley and Webster School Senior Apartments. Sit back and click here…
Read MoreWebster Middle School was approved by the SLEFI Investment Committee and is anticipated to close in the next few weeks. The development is located in the Old North St. Louis neighborhood in St. Louis City and includes 49 two-bedroom units restricted to senior households (aged 55+), all of which are LIHTC units restricted to 60% AMI…
Read MoreWe are pleased to announce that the sale of the remaining units and vacant parcels in the JVL Renaissance I and JVL Renaissance II projects closed on 6/30/2020. This required an immense amount of coordination between the City of St. Louis, MHDC, HUD, US Bancorp CDC and the Equity Fund; and, we would like to…
Read MoreAs many of you know, Stan Jones, SLEFI’s Construction Manager, retired after 20+ years with us. While we will greatly miss Stan’s personality, expertise and intimate knowledge of SLEFI, we wish him well in his retirement and bid him farewell! We are pleased that our search for a new Construction Manager led us to Cleo…
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