Mackenzie Place LIHTC
Mackenzie Place Senior Apartments, located in Affton in unincorporated south St. Louis County, is the first partnership between the St. Louis Equity Fund and Lutheran Senior Services. This LIHTC investment includes one building consisting of 18 one-bedroom and 16 two-bedroom newly constructed apartments, all of which are restricted to residents earning less than 60% of the area median income.
| SLEF INVESTMENT FUND: | St. Louis Equity Fund 2010 L.L.C. |
| LOCATION: | 8520 Mackenzie Road, St. Louis, MO |
| NUMBER OF UNITS: | 34 |
| UNIT MIX: | 1, 2, and 3-bedroom units |
| CONSTRUCTION TYPE: | New Construction |
| TAX CREDITS TYPE: | Federal and State Low Income Housing Tax Credit |
| TOTAL INVESTMENT: | $1,427,500 |
| TOTAL DEVELOPMENT COST: | $7,348,214 |
| DEVELOPER: | Lutheran Senior Services |
| PROPERTY MANAGER: | Lutheran Senior Services |
| ARCHITECT: | St. Louis Design Alliance |
| GENERAL CONTRACTOR: | Altman Charter Construction Company |
| GENERAL PARTNER: | Mackenzie Place LIHTC GP, LLC |
| LIMITED PARTNER: | SLEF 2013; First National Bank of St. Louis, NA |
| LENDER: | NA |
| ACCOUNTANT: | Sabino & Co., L.L.C. |
| ATTORNEYS: | Armstrong Teasdale LLP |