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January 30, 2023

Homeowners in need of assistance encouraged to apply now

The Kansas Homeowner Assistance Fund (KHAF), a federally funded, temporary emergency program to support homeowners experiencing hardship during the pandemic, has dispersed nearly all program funds and will close soon. The program has entered Final Funding stage, the first of three closure phases. Homeowners in need of assistance are encouraged to apply now, while funding is still available.

“The economic impact of the pandemic continues to be felt by families and communities across the state,” said Ryan Vincent, Executive Director of Kansas Housing Resources Corporation (KHRC), which administers the KHAF program. “This assistance has provided housing stability and preserved the dream of homeownership for more than 3,000 Kansas families in need.”

KHAF was established with American Rescue Plan Act (ARPA) funds to help qualifying Kansas homeowners get current on their mortgage payments and avoid foreclosure. Eligible homeowners at least 30 days past-due on mortgage and/or property taxes can receive payment assistance for mortgages, utility bills, property taxes, and other charges associated with delinquency. Since the program launched in April 2022, KHAF has provided $39,886,389 to 3,549 households.

The closure process will follow three phases. Here’s what this means for Kansas homeowners in need of assistance:

Final Funding Phase: Homeowners seeking KHAF support should apply as soon as possible to be considered for final funding.
Hold Phase: Once the program receives enough applications to fully expend all KHAF funds, approval of new applications and recertifications will be subject to availability of remaining funds. Applications submitted during Hold Phase will be placed on hold and will not be reviewed or processed unless sufficient program funds are available.
Closure Phase: When all program funds are exhausted the program will close and will stop accepting new applications.

The KHAF program is now in Final Funding Phase. The length and dates of each phase will be subject to a variety of factors, including application volume and amount of assistance requested. Each program closure phase will be announced on the KHAF webpage.

For more questions, applicants can reach KHAF customer service at 855-307-KHAF (5423), or review the KHAF closure FAQs. KHRC’s ongoing housing programs will continue to serve Kansans beyond the closure of the KHAF program.

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The KHAF program is 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.

January 20, 2023

Building for the Future: 2022 Annual Report

“Keep your eyes on the stars; keep
your feet on the ground.”
– President Theodore Roosevelt

As an avid gardener, I love perusing seed catalogs in the snowy winter months with dreams of giant tomatoes and pumpkins the next season. Teddy Roosevelt’s quote reminds me to dream big, but focus on the groundwork (which, in a garden, literally means composting and prepping the soil)!

Laying a solid foundation is just as important when building a home. Even in sunny Kansas, the winds will blow, and the storms will rage; yet a solid foundation ensures a stable home.

Kansas Housing has been similarly laying the groundwork with an eye to the stars:

It started 20 years ago when KHRC became a public corporation, administering solid programs. Kansas Housing laid the foundation.
Through natural disasters in Greensburg and Southeast Kansas, economic headwinds of the Great Recession, and lean budget years, providing resources and building partnerships, Kansas Housing laid the foundation.
With the pandemic’s devastating impact on Kansas’ renters, homeowners, and housing providers, through the administration of emergency housing assistance, Kansas Housing laid the foundation.
Working closely with housing partners and community stakeholders, KHRC facilitated and released the first statewide housing needs assessment in nearly 30 years. Kansas Housing laid the foundation.
Taking the important message to the Statehouse alongside advocates and stakeholders, culminating in a historic state investment in housing development resources, Kansas Housing laid the foundation.

The foundation is solid, but the work has only begun! Still our eyes are on the stars. In this Annual Report, you will:

Learn about KHRC’s vital work keeping Kansans in their homes through the Kansas Emergency Rental Assistance Program and Kansas Homeowner Assistance Fund.
Read about KHRC’s efforts rolling out the new state housing development resources.
Stay engaged with ongoing traditional programs and resources.
Hear about the lives Kansas Housing is touching in communities around Kansas.

THE FOUNDATION IS SOLID, BUT KHRC’S WORK UNLOCKING HOME CONTINUES. WE’RE READY TO DIG IN. WILL YOU JOIN US?

Read the 2022 Annual Report to find out more!

-Ryan Vincent Executive Director

Read the 2022 Annual Report

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Kansas Housing Resources Corporation (KHRC) helps Kansans access the quality, affordable housing they need and the dignity they deserve. KHRC serves as the state’s housing finance agency (HFA), administering essential housing and community programs to serve Kansans.

January 3, 2023

Purchasing a home in rural Kansas just got easier, thanks to a new initiative launched by Kansas Housing Resources Corporation (KHRC). The Home Loan Guarantee (HLG) for Rural Kansas helps existing and prospective homeowners in rural counties finance home loans for land and building purchases, renovations, or new construction costs. The initiative aims to close the appraisal gap in rural areas, where the cost of purchasing, renovating, or constructing a home often exceeds the property’s appraised value.

“Our rural communities must have adequate housing to prosper and thrive,” said Ryan Vincent, Executive Director of KHRC. “Communities cannot attract jobs or retain workers and families without quality, affordable homes. We are grateful to our state leaders for allocating these crucial funds to help rural Kansans achieve and preserve the dream of homeownership.”

HLG funds will be used to guarantee the portion of a loan above 80 percent and up to 125 percent of the home’s appraised value and must not exceed $100,000 per home. Eligible financial institutions serving rural counties can submit requests to the HLG program for a guaranty. Lender requests will be processed on a first-come, first-verified basis.

Rural counties are defined as those with populations of 10,000 or less. The HLG program has $2 million available for non-recourse guaranties through the Kansas Rural Home Loan Guarantee Act.

More information for lenders and homeowners can be found online.

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The Home Loan Guarantee (HLG) for Rural Kansas program is 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

December 19, 2022

Homeowners in need of assistance encouraged to apply now

The Kansas Homeowner Assistance Fund (KHAF), a federally funded, temporary emergency program to support homeowners experiencing hardship during the COVID pandemic, has dispersed 75 percent of program funds. Since the program launched in April 2022, KHAF has provided $34,946,068 to 3,151 households. With a quarter of funds still available, homeowners in need of assistance are encouraged to apply now while funding remains.

“I was stressed and overwhelmed when I got behind on my mortgage payments,” said one KHAF applicant. “With so much going on in my life, I was hesitant to get started applying. However, I learned that the application process was much easier than I thought. My advice to others is to apply now; don’t wait. If you need help, you can always call a KHAF customer service representative.”

For more information and to apply, visit the Kansas Homeowner Assistance Fund (KHAF) webpage. For questions, contact KHAF customer service at 855-307-5423.

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December 16, 2022

Eleven Kansas communities will receive a combined total of $4,998,936 in Moderate Income Housing (MIH) funds and 7,593,000 in Kansas Housing Investor Tax Credits (KHITC). The awards, made possible through the state of Kansas’ MIH and KHITC programs , will provide resources to develop moderate income housing for families in rural communities.

Combined with the amount leveraged by each community to support the proposed initiatives, the awards represent a total investment of $33,845,101 and a net gain of 175 affordable, quality housing units.

This round of awards will help with:

Development of 10 rental units in Ellinwood;
Development of 5 single-family homes in Hoxie;
Construction of 15 single-family homes in Concordia;
Construction of 10 single-family homes in McPherson;
Construction of 20 single-family homes in Carbondale;
Construction of 4 single-family homes and 2 units in Ottawa;
Construction of 14 single-family homes in Coffeyville;
Construction of 24 units in Emporia;
Construction of 48 units in a multifamily development in Winfield;
Construction of 1 single-family home and 16 units in Dodge City, and
Construction of 6 units in Montezuma.

Additionally, KHRC is able to allocate KHITC to MIH projects in progress in Augusta, Neodesha, Lindsborg, Holton, and Chanute.

The MIH and KHITC award list can be found on KHRC’s MIH page by viewing the Documents | Forms | Resources section and selecting Awards Lists.

View the 2022 MIH and KHITC award list.

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

November 22, 2022

Five Kansas communities will receive a combined total of $2.4 million to develop affordable housing for moderate-income families in rural areas of the state. The funding, made possible through the state of Kansas’ Moderate Income Housing (MIH) program, provides grants or loans to develop housing and support homeownership programs in cities or counties with populations of less than 60,000.

Combined with the amount leveraged by each community to support the proposed initiatives, the awards represent a total investment of $4.3 million and a net gain of 32 affordable, quality housing units, primarily in the southwest region of the state. An additional MIH funding announcement – coupled with Kansas Housing Investor Tax Credit (KHITC) program applications – will be announced in December.

This year’s awards will:

renovate three dilapidated Bucklin (population: 727) homes into rental units,
help construct four duplex units in Greensburg (778) and Kinsley (1,467),
provide gap financing for the construction of 16 single-family homes in Liberal (19,025), and
convert a historic building in downtown Moundridge (2,121) into five rental apartments.

View the 2022 MIH award list online.

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

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

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