St. John Neumann
The St. John Neumann Apartments are located in Jennings, MO. This 100- unit LIHTC apartment building has been renovated to provide a greater number of one-bedroom units and general rehabilitation of the property. Cardinal Ritter Senior Services was founded in 1965 to address the needs of the growing aging population, especially poor and frail seniors. All residents have access to services provided by CRSS, including nursing, social services and a regular program of health maintenance.
| SLEF INVESTMENT FUND: | St. Louis Equity Fund 2014 L.L.C., St. Louis Equity Fund 2015 L.L.C. |
| LOCATION: | Jennings, St. Louis County |
| NUMBER OF UNITS: | 100 |
| UNIT MIX: | Studio and One Bedroom Units |
| CONSTRUCTION TYPE: | Rehabilitation and New Construction |
| TAX CREDITS TYPE: | Federal and State Low Income Housing Tax Credit |
| TOTAL INVESTMENT: | $1,848,441 |
| TOTAL DEVELOPMENT COST: | $9,737,645 |
| DEVELOPER: | Cardinal Ritter Senior Services |
| PROPERTY MANAGER: | Cardinal Ritter Senior Services |
| ARCHITECT: | Grice Group Architects |
| GENERAL CONTRACTOR: | BSI Constructors |
| GENERAL PARTNER: | Cardinal Ritter General Partner Corporation |
| LIMITED PARTNERS: | SLEF 2014, SLEF 2015, Central Bank of St. Louis |
| LENDER: | Lancaster Pollard (Tax-Exempt Bonds) |
| ACCOUNTANT: | Novogradac & Company LLP |
| ATTORNEYS: | Armstrong Teasdale LLP; Polsinelli PC |