Scott Manor
Scott Manor is a three-story building which contains 42 affordable units, all of which have two bedrooms and are available to residents 55 years of age and older at 60% or less of the area median income. Scott Manor represents the first partnership between St. Louis Equity Fund and developers Kevin Buchek with Roanoake Construction and Bishop Calvin Scott with Believers Temple Word Fellowship Church. It is the first phase of a master development plan to transform a 10-acre site in North County.
| SLEF INVESTMENT FUND: | St. Louis Equity Fund 2017 L.L.C. |
| LOCATION: | St. Louis County |
| NUMBER OF UNITS: | 42 Residential |
| UNIT MIX: | 42 2-bedroom |
| CONSTRUCTION TYPE: | New Construction |
| TAX CREDITS TYPE: | Federal and State Low Income Housing Tax Credits |
| TOTAL INVESTMENT: | $6,345,219 |
| TOTAL DEVELOPMENT COST: | $9,217,636 |
| DEVELOPER: | Kevin Buchek; Believers Temple Word Fellowship Church (Bishop Calvin Scott) |
| PROPERTY MANAGER: | Sansone Group |
| CONSULTANT: | Efficacy Consulting, LLC |
| ARCHITECT: | Rosemann & Associates, P.C. |
| GENERAL CONTRACTOR: | Roanoke Construction, Inc. |
| GENERAL PARTNER: | Kevin Buchek; BTWF Urban Initiative Corporation |
| LIMITED PARTNER: | SLEF 2017; Sugar Creek Capital |
| LENDER: | Sterling Bank |
| ACCOUNTANT: | RubinBrown LLP |
| ATTORNEYS: | Polsinelli; Rosenblum Goldenhersh |