St. John Neumann

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St. John Neumann

ND Consulting Group is currently supporting Cardinal Ritter Senior Services in the refinancing and renovation of 100 affordable housing units for senior citizens. St. John Neumann Apartments in Jennings, Missouri was originally developed with financing from the HUD Section 202 program. Using Low Income Housing Tax Credits, Home funds, Tax Exempt Bonds, and Federal Housing Administration financing, Cardinal Ritter is renovating and expanding the existing building. The project will convert 22 of the building’s 25 efficiency units into one bedroom apartments, while renovating existing units to better equipped to serve the needs of aging seniors.  Cardinal Ritter will also renovate existing units and expand the development’s common areas to ensure this important, service enriched, affordable senior housing community is available to low-income seniors for decades to come.
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