Kingsway Townhomes
The St. Louis Equity Fund and I-70 Northwest Development Corporation partnered for a third time to successfully develop these 12 units in the Kingsway West Neighborhood, and Northside Community Housing, Inc. now serves as General Partner. This development consists of three buildings: two five-unit buildings and one duplex. They contain a total of ten two-bedroom units and two three-bedroom units.
| SLEFI INVESTMENT FUND: | St. Louis Equity Fund 2006, L.L.C., St. Louis Equity Fund 2007, L.L.C. |
| OTHER FUNDING SOURCES: | |
| LOCATION: | St. Louis City/ Kingsway West |
| NUMBER OF UNITS: | 12 |
| UNIT MIX: | Townhomes/ 2 and 3 bedroom |
| TAX CREDITS TYPE: | Low-Income Housing Tax Credits |
| TOTAL INVESTMENT: | $2,410,633 |
| TOTAL DEVELOPMENT COST: | $2,463,635 |
| DEVELOPER: | I-70 Northwest Development Corporation |
| PROPERTY MANAGER: | Fox Grove Management |
| CONSULTANT: | Urban Real Estate Consultants |
| ARCHITECT: | Grice Group Architects |
| CONTRACTOR: | R. G. Ross Construction Company |
| CONSTRUCTION LENDER: | MHDC |
| LIMITED PARTNERSHIP: | Kingsway Townhomes, L.P. |
| GENERAL PARTNER: | Northside Community Housing, Inc. |
| GENERAL PARTNER: | Northside Community Housing XIII, LLC (Legal Entity) |
| LIMITED PARTNER: | St. Louis Equity Fund 2006, L.L.C. |
| LIMITED PARTNER: | St. Louis Equity Fund 2007, L.L.C. |