Jim Roos Legacy Loan Fund
Thank you for considering providing a no-interest loan to Sanctuary In the Ordinary. The 10-year, no-interest loans are an important element in creating affordable rental housing to address the needs in our city.
These loans are essential to fill the gap between the total cost to acquire and rehab a building and the mortgage a bank will provide.
Like any other loan, the loans are based upon a contract between you and SITO. The no-interest loans are fully guaranteed by our affiliate, Justine PETERSEN Housing and Reinvestment Corporation.
We look forward to the opportunity to discuss how your investment in SITO can become a dignified affordable apartment for an individual or family in St. Louis.