Financing Update

Hello neighbors, 

As you may have read in the news, local bank First NBC has run into trouble with the FDIC. Unfortunately for us, they were providing our construction loan, which the regulators have ordered them to halt. This sets our timeline back several months as we have to go back to the drawing board and find another lender. 

We are confident we will find another solution, although of course disappointed by the lost time. We will let you know as soon as we are ready to proceed. Thanks for your patience and as always, feel free to reach out with any questions to stpeterandpaulfeedback@gmail.com. 

Security Light Repaired

The security light at Burgundy and Marigny Street has been repaired as of 9/22/16.

Financing Update

We are now on track to close financing in late fall instead of late summer, and apologize for the amount of time it has taken. These historic renovations are extremely complex to finance and despite our experience in the field we are still surprised by how long this particular project has taken to come together. That said, although the train is slow-moving, it is still on the tracks, and we expect to start construction immediately after close of financing. As previously stated, we’ll post a start date once we have one and notify immediate neighbors by mail. You can email stpeterandpaulfeedback@gmail.com with any questions, we’re always happy to hear from you.

(Non)-Construction Update

Due to the same frustrating delays we were experiencing during our March update, construction has been pushed back to late summer.  We'll post a start date once we have one and will also send letters to the immediate neighbors so they're not caught by surprise.  Feel free to reach out to stpeterandpaulfeedback@gmail.com with any questions.

In the meantime, we are still looking for oral histories, so if you or anyone you know wants to reminisce about the good ol' days at St Peter and Paul, please be in touch!

St Peter & Paul Update - and Oral History Project!

Planning permissions and permitting have delayed the start of construction - we now anticipate breaking ground this spring.  

In other news, we are looking for former parishioners, students and other people tied to the St Peter & Paul community to participate in an oral history project and share your stories.  Please contact us at stpeterandpaulfeedback@gmail.com if you are interested in walking down memory lane with us!