Northside Community Housing, Inc. (NCHI) hosted a groundbreaking on November 15, 2017, at 2505 North Sarah Street, St. Louis, MO, 63113, at 9 AM.  St. Ferdinand Homes II continues the revitalization of the Ville and Greater Ville neighborhood, replacing 13 derelict buildings and multiple vacant lots with 9 new buildings and 3 rehabbed buildings. Rise is providing consulting assistance to NCHI for the project. The development will consist of 36 new and 7 fully renovated mixed-income apartments and townhomes along with a new street front office space. NCHI is collaborating with the Metropolitan Sewer District (MSD) to incorporate onsite green infrastructure and rainscaping features as part of MSD’s Project Clear initiative. NCHI has developed 301 rental, lease-purchase, and for sale homes, including 87 homes adjacent to St. Ferdinand Homes II.

Development Team for St. Ferdinand Homes II:

Managing General Partner: Northside Community Housing

Development Consultant: Rise

Property Manager: Fox Grove Management

Social Service Provider: Northside Community Housing

Attorney: Thomas A. Duda

Architect: St. Louis Design Alliance

Mechanical Electrical Plumbing Engineer: ABNA Engineering 

Civil Engineer: ABNA Engineering

General Contractor E.M. Harris Construction

Federal LIHTC Investor: ST. Louis Equity Fund, Inc.

State LIHTC Investor: ST. Louis Equity Fund, Inc.

Construction Lender: Gateway Community Development Fund, Inc.

Permanent Lender: Gateway Community Development Fund, Inc.

Huge thanks to the partners and all that attended!