Rosati House
Rosati House is part of the comprehensive and innovative “Housing First” approach to ending chronic homelessness. St. Patrick Center, along with the Department of Housing and Urban Development, has created a model that is designed to end chronic homelessness for its participants and serve as a model for other communities. The Rosati House development consists of 26 units of affordable housing financed with Low Income Housing Tax Credits. In addition, there is a significant amount of space for providing a comprehensive array of social services to the residents.
| SLEFI INVESTMENT FUND: | St. Louis Equity Fund 2007, L.L.C. |
| OTHER FUNDING SOURCES: | HUD 811 Grant, St. Louis Affordable Housing Trust Fund, HOME Funds |
| LOCATION: | St. Louis City – Fairground |
| NUMBER OF UNITS: | 26 |
| UNIT MIX: | Studio |
| TAX CREDITS TYPE: | Low Income Housing Tax Credits |
| TOTAL INVESTMENT: | $2,963,041.00 |
| TOTAL DEVELOPMENT COST: | $6,729,150.00 |
| DEVELOPER: | St. Patrick Center |
| PROPERTY MANAGER: | St. Patrick Center |
| CONSULTANT: | Community Program Development Corporation |
| ARCHITECT: | Trivers Associates |
| CONTRACTOR: | BSI Construction Company |
| CONSTRUCTION LENDER: | Missouri Housing Development Commission |
| PERMANENT LENDER: | Missouri Housing Development Commission |
| LIMITED PARTNERSHIP: | Rosati Apartments, L.P. |
| GENERAL PARTNER: | Rosati Center (Legal Entity) |
| LIMITED PARTNER: | St. Louis Equity Fund 2007, L.L.C. |
| GENERAL PARTNER: | St. Patrick Center |
| ACCOUNTANT: | RubinBrown LLP |
| ATTORNEY: | The Stolar Partnership, L.L.P. |
| ATTORNEY: | Polsinelli Shughart PC |