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FY2018 Funding Round 1 - mhdc.com

FY2018 Funding Round 19% TAX CREDIT APPLICATIONS & MHDC PERMANENT FINANCINGI nformation reflected in this report was extracted directly from applications submitted by developers applying for Rental Production Funding in response to the 2018 Federal 4% LIHTC NOFA and 2018 Federal 9% LIHTC NOFA dated December 19, City Region18-007 Oak Ridge Estates405 N Clark StreetKearney, MO 64060 MACO Development Company, N. Main StreetClarkton, MO 63837-0068 New ConstructionSenior 55+Development InformationDeveloper InformationJ. Jason Maddox (573) 448-3000 MHDC Loan Request$350,000 MHDC Fund Balance Federal LIHTC Requested: $790,300 Unit/Rent Info44 - 2 Bedrooms: $360 - $500 Total Units: 44 Total Affordable Units: 4418-011 The Reserves at Grove TerraceIntersection of Lawrence St.

Kansas City Region 18-020 Granada Senior Apartments, LLC 115 Spring St. Belton, MO 64012-2364 Wallick-Hendy Development Company, LLC 160 W. Main Street, Suite 200

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Transcription of FY2018 Funding Round 1 - mhdc.com

1 FY2018 Funding Round 19% TAX CREDIT APPLICATIONS & MHDC PERMANENT FINANCINGI nformation reflected in this report was extracted directly from applications submitted by developers applying for Rental Production Funding in response to the 2018 Federal 4% LIHTC NOFA and 2018 Federal 9% LIHTC NOFA dated December 19, City Region18-007 Oak Ridge Estates405 N Clark StreetKearney, MO 64060 MACO Development Company, N. Main StreetClarkton, MO 63837-0068 New ConstructionSenior 55+Development InformationDeveloper InformationJ. Jason Maddox (573) 448-3000 MHDC Loan Request$350,000 MHDC Fund Balance Federal LIHTC Requested: $790,300 Unit/Rent Info44 - 2 Bedrooms: $360 - $500 Total Units: 44 Total Affordable Units: 4418-011 The Reserves at Grove TerraceIntersection of Lawrence St.

2 And North Grove TerraceKearney, MO 64060-0000 Gardner Capital Development II, S. National Avenue, Suite 200 Springfield, MO 65810-0000 New ConstructionSenior 55+Development InformationDeveloper InformationMartin Moore (417) 447-1800 MHDC Loan Request$1,500,000 MHDC Fund Balance Federal LIHTC Requested: $910,000 Unit/Rent Info12 - 1 Bedroom: $409 - $65538 - 2 Bedrooms: $486 - $780 Total Units: 50 Total Affordable Units: 5018-013 Red Maple Villas2607 S. BroadwayOak Grove, MO 74075 MBL Development Co9237 Ward Parkway Suite 310 Kansas City, MO 64114 New ConstructionSenior 55+Development InformationDeveloper InformationD. Kim Lingle (816) 569-6420 MHDC Loan Request$1,400,000 MHDC Fund Balance Federal LIHTC Requested: $639,000 Unit/Rent Info40 - 2 Bedrooms: $595 - $725 Total Units: 40 Total Affordable Units: 40 Kansas City Region18-020 Granada senior Apartments, LLC115 Spring , MO 64012-2364 Wallick-Hendy Development Company, LLC160 W.

3 Main Street, Suite 200 New Albany, OH 43054-1189 Acquisition/RehabSenior 62+Development InformationDeveloper InformationMatthew A. Shoemacher (614) 552-5626 MHDC Loan Request$350,000 MHDC HOME Federal LIHTC Requested: $599,358 Unit/Rent Info42 - 1 Bedroom: $640 Total Units: 42 Total Affordable Units: 4218-023 Former Chick School Intergenerational Housing Development5316 JacksonKansas City, MO 64130 Brinshore Development, LLC666 Dundee Road, Suite 1102 Northbrook, IL 00000 New ConstructionFamilyDevelopment InformationDeveloper InformationDavid Brint or Richard Sciortino (224) 927-5061 MHDC Loan Request$300,000 MHDC HOME Federal LIHTC Requested: $915,000 Unit/Rent Info16 - 1 Bedroom: $550 - $65023 - 2 Bedrooms: $650 - $7505 - 3 Bedrooms: $775 - $875 Total Units.

4 44 Total Affordable Units: 38 Total Market Units: 618-031 Gallery Lofts1007 Armour Kansas City, MO 64116-3621 Gallery Lofts Developers, LLC15050 Antioch Rd #101 Overland Park, KS 66221 New ConstructionFamilyDevelopment InformationDeveloper InformationMatt Adam (785) 550-1683 MHDC Loan Request$2,200,000 MHDC Fund Balance$1,100,000 MHDC TCAP Federal LIHTC Requested: $660,000 Unit/Rent Info30 - 1 Bedroom: $531 - $98516 - 2 Bedrooms: $681 - $1,3002 - 3 Bedrooms: $779 - $916 Total Units: 48 Total Affordable Units: 32 Total Market Units: 16 Kansas City Region18-036 Grandview Gardens senior ApartmentsApproximately 6300 E 125th StGrandview, MO 64030-1884 North Star Housing LLC31711 E Pink Hill RoadGrain Valley, MO 64029-9298 New ConstructionSenior 55+Development InformationDeveloper InformationLela Gruebel (816) 612-5191 MHDC Loan Request$1,200,000 MHDC Fund Balance$400,000 MHDC HOME Federal LIHTC Requested: $665,000 Unit/Rent Info12 - 1 Bedroom: $485 - $65026 - 2 Bedrooms: $570 - $820 Total Units: 38 Total Affordable Units: 34 Total Market Units: 418-037 Evergreen Terrace7925 N Spruce City, MO 64119 DLS Historic Developer IV, LLC4510 Belleview Ave.

5 Suite 300 Kansas City, MO 64111-3538 New ConstructionSenior 55+Development InformationDeveloper InformationDale Schulte (816) 502-4725 MHDC Loan Request$975,000 MHDC HOME Federal LIHTC Requested: $923,727 Unit/Rent Info36 - 1 Bedroom: $210 - $60514 - 2 Bedrooms: $231 - $715 Total Units: 50 Total Affordable Units: 5018-038 Somerset Manor1092 NE Duncan Springs, MO 64014 DLS Historic Developer IV, LLC4510 Belleview Ave. Suite 300 Kansas City, MO 64111-3538 New ConstructionSenior 55+Development InformationDeveloper InformationDale Schulte (816) 502-4725 MHDC Loan Request$1,275,000 MHDC Fund Balance Federal LIHTC Requested: $832,287 Unit/Rent Info14 - 1 Bedroom: $515 - $62528 - 2 Bedrooms: $575 - $685 Total Units: 42 Total Affordable Units: 42 Kansas City Region18-041 Traditions VillasNortheast of the intersection of South Mullen Road and Sycamore DriveBelton, MO 64012-2426 Sallee Real Estate Investments, LLC3730 NE Troon DriveBelton, MO 64064-1988 New ConstructionSenior 55+Development InformationDeveloper InformationR.

6 Tyler Sallee (816) 525-2891 MHDC Loan Request$700,000 MHDC Fund Balance$900,000 MHDC HOME Federal LIHTC Requested: $500,300 Unit/Rent Info32 - 2 Bedrooms: $525 - $620 Total Units: 32 Total Affordable Units: 3218-061 Cornerstone Apartments985 Riverfront RoadKansas City, MO 64120 Cornerstone Associates, LLC209 S 19th St., Suite 100 Omaha, NE 68102 New ConstructionFamilyDevelopment InformationDeveloper InformationBobbi Lucas (402) 341-0888 MHDC Loan Request$4,000,000 MHDC Fund Balance Federal LIHTC Requested: $855,000 Unit/Rent Info22 - 1 Bedroom: $448 - $72931 - 2 Bedrooms: $524 - $8617 - 3 Bedrooms: $594 - $983 Total Units: 60 Total Affordable Units: 6018-066 Linwood Gardens3218 Michigan City, MO 64109 Prairie Fire Development Group, LLC770 E 5th StreetKansas City, MO 64106 New ConstructionFamilyDevelopment InformationDeveloper InformationKelley Hrabe (816) 686-2416 Federal LIHTC Requested: $658,000 Unit/Rent Info11 - 1 Bedroom.

7 $57512 - 2 Bedrooms: $6758 - 3 Bedrooms: $7751 - 4+ Bedrooms: $850 Total Units: 32 Total Affordable Units: 32 Kansas City Region18-071 Alhaven Kansas City3112 Harrison City, MO 64109-0000 Alhaven Developers, LLC305 W. Commercial StreetSpringfield, MO 65803-2667 New ConstructionFamilyDevelopment InformationDeveloper InformationStacy Jurado (417) 720-1577 MHDC Loan Request$1,130,837 MHDC Fund Balance Federal LIHTC Requested: $806,400 Unit/Rent Info12 - Studio: $53927 - 1 Bedroom: $585 - $60011 - 2 Bedrooms: $679 - $719 Total Units: 50 Total Affordable Units: 5018-081Mt. Cleveland Homes5101-5233 Cleveland, 5100-5234 Mersington and 5201-5231 MersingtonKansas City, MO 64130 Swope Community Builders4001 Blue Parkway, Suite 270 Kansas City, MO 64130-2350 Acquisition/RehabFamilyDevelopment InformationDeveloper InformationMohamed A.

8 Chaudry (816) 627-2163 MHDC Loan Request$2,200,000 MHDC Participation Federal LIHTC Requested: $599,500 Unit/Rent Info80 - 3 Bedrooms: $690 - $860 Total Units: 80 Total Affordable Units: 71 Total Market Units: 918-085 Brookside senior Residences at Rockhill Greens Phase II6710 Troost City, MO 64131-1600 Flint Hills Development Group, LLC or affiliate to be formed single-purpose entity1408 W. 12th StreetKansas City, MO 64101-1305 New ConstructionSenior 55+Development InformationDeveloper InformationTony Krsnich (913) 904-6747 MHDC Loan Request$800,000 MHDC Fund Balance$575,000 MHDC HOME Federal LIHTC Requested: $825,000 Unit/Rent Info31 - 1 Bedroom: $435 - $62515 - 2 Bedrooms: $520 - $830 Total Units: 46 Total Affordable Units: 41 Total Market Units: 5 Kansas City Region18-086 Ridgewood Hills Apartments300 Ridgewood , MO 64701-0000 Yarco Development7920 Ward ParkwayKansas City, MO 64114 Acquisition/RehabSenior 62+Development InformationDeveloper InformationJonathan R.

9 Cohn (816) 561-4240 MHDC Loan Request$195,000 MHDC HOME Federal LIHTC Requested: $290,000 Unit/Rent Info36 - 1 Bedroom: $764 Total Units: 36 Total Affordable Units: 3618-087 Vineyard senior Apartments4210 E. 45th City, MO 64130 Yarco-Devco, LLC7920 Ward ParkwayKansas City, MO 64114-0000 Acquisition/RehabSenior 62+Development InformationDeveloper InformationJonathan R. Cohn (816) 561-4240 MHDC Loan Request$195,000 MHDC Fund Balance Federal LIHTC Requested: $685,000 Unit/Rent Info6 - Studio: $390 - $46032 - 1 Bedroom: $500 - $6706 - 2 Bedrooms: $650 - $880 Total Units: 44 Total Affordable Units: 4418-088 Wornall Estates13215 Wornall City, MO 64145 Yarco Development7920 Ward ParkwayKansas City, MO 64114 RehabilitationFamilyDevelopment InformationDeveloper InformationJonathan R.

10 Cohn (816) 561-4240 MHDC Loan Request$195,000 MHDC HOME Federal LIHTC Requested: $257,000 Unit/Rent Info24 - 2 Bedrooms: $8186 - 3 Bedrooms: $899 Total Units: 30 Total Affordable Units: 30 Kansas City Region18-089 Legacy Parade Park Homes1702 Brooklyn City, MO 64127 DowCon, LLC3011 E. Meyer City, MO 64132 New ConstructionSenior 55+Development InformationDeveloper InformationSamuel Dowdy (417) 695-2100 MHDC Loan Request$600,000 MHDC Fund Balance Federal LIHTC Requested: $815,000 Unit/Rent Info27 - 1 Bedroom: $57514 - 2 Bedrooms: $750 Total Units: 41 Total Affordable Units: 4118-092 Ogelsby Hotel Apartments3930 Troost City, MO 64110 DowCon, LLC3011 East Meyer City, MO 64132 RehabilitationFamilyDevelopment InformationDeveloper InformationSamuel Dowdy (417) 695-2100 Federal LIHTC Requested: $350,000 Unit/Rent Info25 - 1 Bedroom: $500 - $575 Total Units: 25 Total Affordable Units.


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