Housing Development

Fifteen housing developments will add or preserve a collective 599 affordable homes to the state’s housing stock, thanks to funds awarded through the state’s competitive 9% Low Income Housing Tax Credit application process. The awards, totaling $10.3 million in both federal and state tax credits and $7.55 million in HUD Resources, will construct 459 new homes and rehabilitate 140 existing homes for Kansas seniors and families.

In February, Kansas Housing received 11 applications for the 4% Low Income Housing Tax Credit (LIHTC), equating to more than $17 million in LIHTCs and Kansas Affordable Housing Tax Credits (KAHTC) for the first of two application rounds. Of the four applications awarded, the approved LIHTCs/KAHTCs and PABs will build 585 new units. The Kansas Affordable Housing Tax

In July, Kansas Housing received 19 applications for the 4% Low Income Housing Tax Credit (LIHTC), equating to more than $362 million in Private Activity Bonds (PABs) for the second of two application rounds. Of the seven applications awarded, the approved LIHTCs and PABs will build 481 new units and rehabilitate 372 existing affordable units.

Ulysses “Deke” Clayborn, Regional Administrator of U.S Housing and Urban Development (HUD) Region VII, presented a check for $8 million on Aug. 20 to the Kansas Housing Resources Corporation (KHRC) to administer the state’s new Section 811 Project Rental Assistance (PRA) for Persons with Disabilities program. The award will help KHRC identify and refer low-income