Dunn Road Manor
Dunn Road Manor LIHTC is a three-story, new construction building located adjacent to an existing 62-unit building which was developed by Lutheran Senior Services in 2000 and continues to be owned and operated by the organization. The property consists of 18 one-bedroom and 18 two-bedroom residential units. The residents of the new development will have full access to the amenities in the exisiting facility, including a computer room, library, and multipurpose room. All of the units will be rent-restricted for elderly tenants with incomes at or below 60% of area median income.
| SLEF INVESTMENT FUND: | St. Louis Equity Fund 2015 L.L.C.. |
| LOCATION: | Florissant, St. Louis County |
| NUMBER OF UNITS: | 36 |
| UNIT MIX: | One and Two Bedroom Units |
| CONSTRUCTION TYPE: | New Construction |
| TAX CREDITS TYPE: | Federal and State Low Income Housing Tax Credit |
| TOTAL INVESTMENT: | $7,067,912 |
| TOTAL DEVELOPMENT COST: | $7,368,619 |
| DEVELOPER: | Lutheran Senior Services |
| PROPERTY MANAGER: | Lutheran Senior Services |
| ARCHITECT: | St. Louis Design Alliance |
| GENERAL CONTRACTOR: | Paric Corporation |
| GENERAL PARTNER: | Dunn Road Manor LIHTC GP, LLC |
| LIMITED PARTNER: | SLEF 2015 |
| LENDER: | Lutheran Senior Services |
| ACCOUNTANT: | Novogradac & Company LLP |
| ATTORNEYS: | Spencer Fane LLP; Polsinelli PC |