Kansas Housing awards $3.7 million in KHITCs for rural housing development

Builders and developers in six Kansas communities will receive a combined total of $3,794,000 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 provides resources to develop housing in rural communities.

Combined with leveraged resources to support the proposed initiatives, the awards represent a total investment of $22,930,091 and a net gain of 124 affordable, quality housing units.

 

2024 Round 2 KHITC Awards

This round of awards will assist with development of six projects:

  • 40 multifamily rental units in Hays
  • 8 single-family homes and 24 multifamily duplex units for sale in Salina
  • 10 single-family homes in Junction City
  • 14 multifamily duplex units for rent in Ottawa
  • 22 multifamily rental units in Liberal
  • 6 multifamily rental units in Kinsley

The KHITC Award List can also be found on KHRC’s MIH webpage by scrolling down to the “Documents|Forms|Resources” section and selecting “2024 Round 2 KHITC Award List.”

Kansas Housing administers the state’s housing development programs and oversees the competitive application process. More details about the MIH and KHITC programs are available online.

Questions? Email the MIH team at MIH@kshousingcorp.org.

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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.

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Income Guidelines

Household Size Maximum Income for Weatherization (200% of FPL)
1  $   25,760
2  $  34,840
3  $  43,920
4  $   53,000
5  $  62,080
6  $  71,160
7  $  80,240
8  $  89,320

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