Builders and developers in six Kansas communities will receive a combined total of $1,696,000 in Kansas Housing Investor Tax Credits (KHITCs) to develop affordable housing for moderate-income families in rural areas of the state. The awards, made possible through the state’s Kansas Housing Investor Tax Credit Program, provide resources to develop housing in rural communities.
Combined with leveraged resources to support the proposed initiatives, the awards represent a total investment of $13,547,790 and a net gain of 54 affordable, quality housing units.
2024 Round 3 KHITC Award List
This round of awards will assist with development of 6 projects:
- 4 single-family homes in Goodland
- 10 single-family homes in Phillipsburg
- 6 single-family homes for sale and 10 multifamily duplex units for rent in Abilene
- 16 multifamily rental units in Wellsville
- 3 single-family homes in Holton
- 5 single-family homes in Independence
The KHITC Award List can also be found on KHRC’s Moderate Income Housing (MIH) webpage by scrolling down to the “Documents|Forms|Resources” section and selecting “2024 Round 3 KHITC Award List.”
Questions? Email the MIH team at MIH@kshousingcorp.org.
###
The state’s housing development programs, including the MIH program, are administered by Kansas Housing Resources Corporation (KHRC), a self-supporting, nonprofit, public corporation committed to helping Kansans access the safe, affordable housing they need and the dignity they deserve. KHRC serves as the state’s housing finance agency, administering essential housing and community programs to serve Kansans. More details about the MIH and KHITC programs are available online.
