St. John Tower in Buffalo is home to 150 seniors who are at odds with a new management and development deal they believe might force them from their homes.

After a meeting Monday, residents said they were left with more questions than answers.

Neither the new management company, Capital Realty Group, nor representatives from the U.S. Housing and Urban Development Department were in attendance, further upsetting the crowd.

The Virginia Michigan Housing Fund Development Corporation, which still owns a majority share in St. John Tower, said the new deal involves a $30 million development project.

A primary concern for residents is what happens when a housing subsidy expires in 2022.

A representative from HUD, separately from the meeting, said they expect Tower owners to re-sign for 20 more years.

However residents said there's no guarantee that will happen and are concerned the cost of rent will go up.

"If they elect in 2022 not to renew the contract with Section 8, St. John becomes what they call market-value housing,” said Tenant Council Member Keith Matthews.

Virginia Michigan Housing Fund Development Corporation pledged the rent will remain affordable. 

"I think that at the end of this, people will feel much more assured that they're going to be able to stay put where they are going forward,” said Deacon William Covington of Virginia Michigan Housing Fund Development Corporation.” That's our intent as a church and that's the intent of the party that we entered into an agreement with.”

The Virginia Michigan Housing Fund Development Corporation said more meetings will be planned in the near future to include tenants in the redevelopment project. Capital Realty Group will be involved in those meetings.