Fox Meadows SLF
Fox Meadows is a 41 unit Supportive Living Facility located in the Southern Illinois town of McLeansboro. This development is the first SLEFI investment in Illinois as well as the first time to partner with Fox Meadows NFP and BMA Properties, Ltd. As a Supportive Living Facility, it provides and coordinates flexible personal care services, 24-hour supervision and assistance, activities, and health related services. The physical environment is designed to minimize the need for residents to move within or from the setting to accommodate their changing needs or preferences. Of the 41 newly constructed units, four are double occupancy, and the remaining units are either studio or one bedroom units, all of which contain a private bathroom and kitchen.
| SLEFI INVESTMENT FUND: | St. Louis Equity Fund 2007, L.L.C. |
| OTHER FUNDING SOURCES: | HOME funds, FHLB grant |
| LOCATION: | Hamilton County |
| NUMBER OF UNITS: | 41 |
| UNIT MIX: | Studio / 1 bedroom |
| TAX CREDITS TYPE: | Federal LIHTC |
| TOTAL INVESTMENT: | $1,365,163 |
| TOTAL DEVELOPMENT COST: | $5,809,016 |
| PROPERTY MANAGER: | BMA Management, Ltd. |
| DEVELOPER: | BMA Properties, Ltd. |
| CONSULTANT: | The Laubaucher Company |
| ARCHITECT: | Gleason Architects, PC |
| CONTRACTOR: | Holland Constructions Services, Inc. |
| LENDER: | Illinois Housing Development Authority |
| LENDER: | Peoples National Bank |
| LIMITED PARTNERSHIP: | Fox Meadows SLF, LP |
| GENERAL PARTNER: | Fox Meadows Supportive Living, LLC |
| LIMITED PARTNER: | St. Louis Equity Fund 2007, LLC |
| ATTORNEY: | Polsinelli Shughart, PC |
| ATTORNEY: | Applegate & Thorne-Thomsen, PC |
| ACCOUNTANT: | Reznik Group |