Windridge Estates
Windridge Estates consists of 40 two- and three-bedroom apartment units in three garden-style buildings. All of the units are rent-restricted under the Low Income Housing Tax Credit program and one is set aside to provide transitional occupancy for a homeless family. Twenty-four units are available to households earning 50% or less of the area median income and the remaining 16 units are available to households earning 60% or less of the area median income.
| SLEF INVESTMENT FUND: | St. Louis Equity Fund 2017 L.L.C. |
| LOCATION: | Bonner Springs, KS |
| NUMBER OF UNITS: | 40 Residential |
| UNIT MIX: | 16 2-bedroom; 24 3-bedroom |
| CONSTRUCTION TYPE: | New Construction |
| TAX CREDITS TYPE: | Federal Low Income Housing Tax Credits |
| TOTAL INVESTMENT: | $5,341,781 |
| TOTAL DEVELOPMENT COST: | $6,983,870 |
| DEVELOPER: | Windridge Estates Developers, LLC |
| PROPERTY MANAGER: | Hamilton Properties |
| ARCHITECT: | Baron Design & Associates, LLC |
| GENERAL CONTRACTOR: | Hamilton Builders, LLC |
| GENERAL PARTNER: | Gardner Capital Affordable Housing, LLC and Hart Development Group |
| LIMITED PARTNER: | SLEF 2014; SLEF 2015; SLEFI 2016; SLEF 2017 |
| LENDER: | Horizon Bank |
| ACCOUNTANT: | MarksNelson, LLC |
| ATTORNEYS: | Polsinelli; Ramsey Barhorst |