FY2018 Funding Round 1
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1 FY2018 Funding Round 1 MHDC PERMANENT FINANCING & TAX CREDIT APPLICATIONS Public Hearing Information for Springfield Springfield, MO May 3, :00 AM Holiday Inn Hotel and Suites 2720 North Glenstone Avenue Springfield, MO Information 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, 2017.
2 Red-Wood Development, Inc. Carl Junction Estates II 3609 E 20th Street Monroe Circle and Sophia Ln. Joplin, MO Carl Junction, MO Brett Mason (417) Bedrooms: $ Bedrooms: $665 $445,000 Federal LIHTC Requested: $595,000 Total Units: 30 Total Affordable Units: Midcontinent Equity Holdings, LLC McCanse Place of Mt. Vernon P.O. Box 248 Near 1600 S Hickory St. Stockton, MO Mt. Vernon, MO J. Bryan Jones (417) Bedrooms: $430 - $ Bedrooms: $530 - $690 $350,000 $900,000 Federal LIHTC Requested: $466,000 Total Units: 32 Total Affordable Units: Midcontinent Equity Holdings, LLC McCanse Place of Mt. Vernon P.O. Box 248 Near 1600 S Hickory St. Stockton, MO Mt. Vernon, MO J. Bryan Jones (417) Bedrooms: $430 - $ Bedrooms: $530 - $690 Total Units: 40 Total Affordable Units: 40 $450,000 $1,000,000 Federal LIHTC Requested: $510,000
3 Midcontinent Equity Holdings, LLC Cassville Heights Apartments Phase II P.O. Box Cassville Heights Rd. Stockton, MO Cassville, MO J. Bryan Jones (417) Bedrooms: $430 - $ Bedrooms: $530 - $690 $350,000 $900,000 Federal LIHTC Requested: $466,000 Total Units: 32 Total Affordable Units: Midcontinent Equity Holdings, LLC Spring Hill Estates P.O. Box 248 Near 901 S Grand Ave. Stockton, MO El Dorado Springs, MO J. Bryan Jones (417) Bedrooms: $430 - $ Bedrooms: $530 - $690 $350,000 $900,000 Federal LIHTC Requested: $466,000 Total Units: 32 Total Affordable Units: Ring Property Company, LLC Green Mountain Village Schoettler Manor Court Green Mountain Dr. Chesterfield, MO Branson, MO Robert A. Ring (573) Bedrooms: $395 - $ Bedrooms: $475 - $575 $675,000 Federal LIHTC Requested: $1,084,732 Total Units: 42 Total Affordable Units: 42
4 Stone Ridge Apartments Turner Rd. and Kimberling City Blvd. Kimberling City, MO MRE Capital, LLC Barkley Street, Suite 140 Overland Park, KS Jacob Mooney (913) Bedroom: $360 - $ Bedrooms: $420 - $495 $800,000 Federal LIHTC Requested: $776,000 Total Units: 40 Total Affordable Units: Country Club Village 1515 Wildan Ave. Springfield, MO Acquisition/Rehab Preservation of Affordable Housing, LLC 40 Court Street, Suite 700 Boston, MA Josh Barrett/Kevin Baptista (617) Bedroom: $495 - $ Bedrooms: $576 - $ Bedrooms: $928 Total Units: 98 Total Affordable Units: 98 Federal LIHTC Requested: $696, Branson Manor Apartments 218 S. Old County Rd. Branson, MO Bedroom: $ Bedrooms: $626 Total Units: 80 Total Affordable Units: 80 Acquisition/Rehab $2,020,000 Investment Resources Corporation 7701 E. Kellogg #820 Wichita, KS Matthew C. Catanese (316) Federal LIHTC Requested: $597,500
5 Oakmont Hills 421 W Madison and 515 W Mount Vernon Springfield, MO Acquisition/Rehab BGC Advantage, LLC (Master Developer) 192 Bastille Lane, Suite 300 Ruston, LA Ashley Wilson (318) Bedroom: $ Bedrooms: $526 Total Units: 228 Total Affordable Units: 228 Federal LIHTC Requested: $2,172, Keystone Homes 2336 N. Bolivar Rd. Springfield, MO Acquisition/Rehab BGC Advantage, LLC (Master Develop) 192 Bastille Lanee, Suite 300 Ruston, LA Ashley Wilson (318) Bedroom: $ Bedrooms: $ Bedrooms: $ Bedrooms: $ Bedrooms: $772 Total Units: 48 Total Affordable Units: 48 Federal LIHTC Requested: $589, Frisco Highlands at Edgewater NE of the intersection of Frisco Highline Trail and Morman's Rd Bolivar, MO BAJCMR, LLC P.O. Box 658 Bolivar, MO Tony Porter/Deb Giffin (417) Bedrooms: $429 - $ Bedrooms: $505 - $700 $700,000 $900,000 Federal LIHTC Requested: $469,400 Total Units: 32 Total Affordable Units: 24 Total Market Units: 8
6 Grand Court Apartments SE of the intersection of Grand Ave. and E Fir Rd. Carthage, MO Holden Communities, LLC P.O. Box 397, 718 West Business Hwy 60, Suite C Dexter, MO Deb Giffin (573) Bedrooms: $425 - $ Bedrooms: $500 - $695 $700,000 $850,000 Federal LIHTC Requested: $529,000 Total Units: 36 Total Affordable Units: 28 Total Market Units: The Villas at Robert West side of VFW Memorial Drive near the intersection of VFW St. Robert, MO O'Reilly Development Company, LLC 5051 S. National Ave., Suite Springfield, MO Denise Heintz (417) Bedrooms: $425 - $530 Total Units: 40 $300,000 $1,400,000 Federal LIHTC Requested: $571,000 Total Affordable Units: Keeth Village 309 W. Keeth St. Crocker, MO Acquisition/Rehab HRM Development, L.L.C. (WBE) Westwoods Business Park Ellisville, MO Debra Giffin (636) Bedroom: $ Bedrooms: $520 $290,000 Federal LIHTC Requested: $190,000 Total Units: 16 Total Affordable Units: 16
7 Aurora Senior Villas 125 W Hadley St. Aurora, MO Cydecton Investments, LLC 1800 N. Westwoods Poplar Bluff, MO Deb Giffin (573) Bedrooms: $426 - $515 Total Units: 24 $1,050,000 Federal LIHTC Requested: $354,000 Total Affordable Units: Holden Communities, LLC Kodiak Village P.O. Box 397, 718 West Business Hwy 60, Suite C NW of Kodiak Rd. and Laura Ln. Dexter, MO Neosho, MO Deb Giffin (573) Bedrooms: $425 - $ Bedrooms: $505 - $700 $800,000 $750,000 Federal LIHTC Requested: $551,000 Total Units: 36 Total Affordable Units: 28 Total Market Units: Prairie Fire Development Group, LLC WITHDRAWN (Tallgrass Square) 770 E 5th Street 2nd and Gulf Street Kansas City, MO Lamar, MO Jared Nook (816) Bedrooms: $580 - $ Bedrooms: $635 - $675 Federal LIHTC Requested: $410,873 Total Units: 24 Total Affordable Units: 24
8 Nicholas Court 1300 W Snyder Blvd. Nixa, MO Affordable Homes Development, Inc E. Normandy St., Suite 100 Springfield, MO Marie Carmichael (417) Bedroom: $261 - $ Bedrooms: $308 - $ Bedrooms: $570 MHDC Other $600,000 $350,000 Federal LIHTC Requested: $745,000 Total Units: 39 Total Affordable Units: 38 Total Market Units: Scenic Meadows SE Corner of S Scenic Ave. and W Delmar St. Springfield, MO Senior 62+ TerraVest Development Corp. 302 Campusview Dr. Suite 211 Columbia, MO Jay Burchfield (573) Bedroom: $425 - $ Bedrooms: $515 - $625 Total Units: 54 Total Affordable Units: 54 Federal LIHTC Requested: $999, Y Gardens On east side of lot of 730 N National Ave. at E Chestnut Expy./ Springfield, MO Creason Development, LLC 1900 E Lark Lane Nixa, MO Tammi Creason (417) Bedroom: $415 - $ Bedrooms: $525 - $740 $590,000 Federal LIHTC Requested: $617,500 Total Units: 41 Total Affordable Units: 38 Total Market Units: 3
9 Freedom Trails Intersecton of Zeigenbein & Phillips St. Robert, MO Bedrooms: $600 - $ Bedrooms: $700 - $800 Total Units: 48 Total Affordable Units: 38 Total Market Units: 10 $2,500,000 Four Corners Development, LLC 3556 S. Culpepper, Suite 4 Springfield, MO Adam Horton (417) Federal LIHTC Requested: $710, Dogwood Trails MO Hwy 39 and Todd Ln. Mt. Vernon, MO Bedrooms: $480 - $ Bedrooms: $545 - $700 Total Units: 48 Total Affordable Units: 40 Total Market Units: 8 $1,900,000 Four Corners Development, LLC 3556 S. Culpepper Circle, Suite 4 Springfield, MO Adam Horton (417) Federal LIHTC Requested: $770, Valley Trails MO Hwy H and E Valley Water Mill Rd. Springfield, MO Bedrooms: $500 - $ Bedrooms: $620 - $800 Total Units: 48 Total Affordable Units: 38 Total Market Units: 10 $2,160,000 Four Corners Development, LLC 3556 S. Culpepper Circle, Suite 4 Springfield, MO Adam Horton (417) Federal LIHTC Requested: $749,155
10 Eagle Park Estates 695 N. Gregg Rd. Nixa, MO Housing Plus, LLC 1525 E. Republic Road, Suite B100 Springfield, MO Debra Hart (417) Bedrooms: $500 - $ Bedrooms: $620 - $730 Total Units: 44 Total Affordable Units: 34 Total Market Units: 10 $1,000,000 $815,000 Federal LIHTC Requested: $687, Spring Hill Villas 500 N Pinecrest St. Buffalo, MO Housing Plus, LLC 1525 E. Republic Road, Suite B100 Springfield, MO Debra Hart (417) Bedrooms: $475 - $545 Total Units: 32 $825,000 $525,000 Federal LIHTC Requested: $521,000 Total Affordable Units: New + Rehab Doling School Developer, LLC (To be formed) Doling School Senior Apartments 1710 Fenpark, Suite # W. Atlantic Senior 62+ St Louis, MO Springfield, MO J. David Dodson (314) Bedroom: $420 - $ Bedrooms: $510 - $595 $950,000 Federal LIHTC Requested: $920,000 Total Units: 48 Total Affordable Units: 48
11 Frisco Senior Village 300 S Oakland Ave. Bolivar, MO Parker Development, L.L.C Illinois, Suite 1 Joplin, MO Kevin Parker (417) Bedroom: $395 - $ Bedrooms: $485 - $595 $350,000 Federal LIHTC Requested: $858,470 Total Units: 42 Total Affordable Units: Lizar Botogi Investments, LLC Churchill Commons 2601 North Bishop Avenue 1331 Highway 72 Senior 62+ Rolla, MO Rolla, MO Adam Roberts (314) Bedrooms: $500 Total Units: 38 $850,000 Federal LIHTC Requested: $700,000 Total Affordable Units: Lakeview Estates North of the intersection of Marigold and S Chapel Rd. Carthage, MO WNN Enterprises, LLC 2470 S. County Lane 128 Carthage, MO Kurt Schulte (417) Bedrooms: $ Bedrooms: $700 $80,000 $80,000 Federal LIHTC Requested: $710,000 Total Units: 31 Total Affordable Units: 31
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