HOME Rental Development

Case Study

A Kansas grandmother raised her family in Valley Falls, a small community in rural Jefferson County. After retirement, a lack of housing options for seniors meant that she and many longtime residents like her, were forced to relocate to larger communities. All that changed when Community Housing of Wyandotte County partnered with Mesner Development to establish Delaware Place, a complex for seniors and families. When the seven duplexes opened, she was among the first residents. She notes the proximity to family, accessible layout, and friendly atmosphere as the best features of her new home. KHRC collaborated with developers, local governments, and housing organizations to develop the quality, affordable housing for seniors.

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Delaware Place, Valley Falls, Kansas

Program Description

The HOME Rental Development Program assists communities and developers with increasing the supply of affordable rental housing. The program helps communities, via housing developers, respond to housing issues and needs in underserved areas.

Funding Source

Funded through the Federal HOME Investment Partnerships program. HOME-assisted projects involve significant leveraging of other resources, such as Low Income Housing Tax Credits (LIHTC), USDA Rural Development loans, FHLBank’s AHP funds, private debt, foundation grants, and resources from other Federal, State and local programs.

Staff Contact

Barry McMurphy
Rental Development

How To Apply

Funds are awarded annually on a competitive basis. CHDOs may apply for deferred HOME loans to acquire, rehabilitate or construct rental housing.

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Income Guidelines

Household Size Maximum Income for Weatherization (200% of FPL)
1  $  25,520
2  $  34,480
3  $  43,440
4  $  52,400
5  $  61,360
6  $  70,320
7  $  79,280
8  $  88,240
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