Webster 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…
Read MoreSt. Ferdinand Homes II, a 43-unit development in The Ville neighborhood, was completed and fully leased in May 2019. The development consists for 5 market-rate units and 38 LIHTC units and represents the 6th partnership between SLEFI and Northside Community Housing. Windridge Estates is located in Bonner Springs, Kansas, and consists of 40 units. This development…
Read MoreAndre Alexander, President of Tabernacle Community Development Corporation (CDC), attended the Federal Reserve Bank of St. Louis’ Invesment Connection event and pitched Tabernacle CDC’s Affordable Rental Program to potential funders which included Jaycee Greene, Community Development Lender for Gateway CDFI. Investment Connection is a program that strives to bring together nonprofit organizations, bankers, foundations, and…
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