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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.”

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.

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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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.

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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November 2, 2022

WASHINGTON, DC — The National Council of State Housing Agencies (NCSHA) held its Board of Directors election on October 23 during the association’s 2022 Annual Conference, re-electing Ryan Vincent, Kansas Housing’s Executive Director, to serve on its national Board of Directors.

Nominated from among and voted on by the executive directors of the member state housing finance agencies, NCSHA’s newly-elected Board officers are:

Chair: Ralph M. Perrey | Tennessee Housing Development Agency
Vice Chair: Jennifer Ho | Minnesota Housing
Secretary/Treasurer: Robin Wiessman | Pennsylvania Housing Finance Agency

Newly-elected Board directors are:

Dan Brennan | MaineHousing
Bryan Butcher | Alaska Housing Finance Corporation
Maura Collins | Vermont Housing Finance Agency
Kristin Faust | Illinois Housing Development Authority
Scott Hoversland | Wyoming Community Development Authority
Nandini Natarajan | Connecticut Housing Finance Authority
Christopher Nunn | Georgia Department of Community Affairs/Georgia Housing and Finance Authority
Shawn Smith | Ohio Housing Finance Agency
Ryan Vincent | Kansas Housing Resources Corporation
Bobby Wilkinson | Texas Department of Housing and Community Affairs

Incumbent Board directors are:

Immediate Past Chair: Scott Spivey | Mississippi Home Corporation
Scott Farmer | North Carolina Housing Finance Agency
Isidoro Hernandez | New Mexico Mortgage Finance Authority
Chrystal Chrystal Kornegay | MassHousing

“The commitment of NCSHA and HFA members is pivotal to addressing housing challenges across the country,” Vincent said. “I am both grateful and excited for the continued opportunity to serve with an organization that keeps the conversation of affordable housing at the forefront.

“NCSHA’s 2023 Board of Directors represent excellence in their states and leadership nationally in affordable housing finance at a time when it is more necessary than ever,” said NCSHA Executive Director Stockton Williams.

For more than 50 years, state Housing Finance Agencies (HFAs) have played a central role in the nation’s affordable housing system, delivering financing to make possible the purchase, development, and rehabilitation of affordable homes and rental apartments for low- and middle-income households.

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The National Council of State Housing Agencies (NCSHA) is a nonprofit, nonpartisan organization created to advance, through advocacy and education, the efforts of the nation’s state HFAs and their partners to provide affordable housing to those who need it.

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.

October 25, 2022

Program still accepting applications for mortgage, property tax, and utility assistance

TOPEKA – Governor Laura Kelly announced today that six months after its launch, the Kansas Homeowner Assistance Fund (KHAF) has distributed $24.8 million in mortgage, property tax, and utility aid to 2,321 Kansas homeowners.

“Housing is vital to a strong workforce and a resilient economy,” Governor Laura Kelly said. “This program is providing much-needed relief for Kansans, and my administration will continue supporting homeowners by cutting property taxes and expanding affordable housing.”

The Kelly Administration granted the funding for the temporary relief initiative distributed by the Kansas Housing Resources Corporation (KHRC) to help Kansas homeowners experiencing pandemic-related financial hardship avoid foreclosure and catch up on their mortgages and property taxes. The program assists with mortgage payments, property taxes and charges, utility and internet fees, and more.

“Housing stability is essential for strong families, healthy communities, and a thriving economy,” said Ryan Vincent, Executive Director of Kansas Housing Resources Corporation (KHRC). “This assistance keeps families safely housed and preserves the dream of homeownership for Kansans facing hardship.”

Currently, 2,321 KHAF applications have been granted assistance, and additional funds remain to assist homeowners. Kansans who have fallen behind on their mortgage and/or property tax payments are encouraged to apply now.

Eligible applicants must meet the following criteria:

You own your home in Kansas and are at least 30 days past due on mortgage or property taxes.
The property (a single-family home, one-to-four-unit dwelling, condo, townhome, or manufactured home) is your primary residence.
Your recent income did not exceed 150 percent of your area’s median income.
Your household has experienced financial hardship during the COVID pandemic.

Kansans requesting KHAF assistance are encouraged to apply online. If approved, funds are paid directly to the service provider(s), who apply them to the homeowner’s account(s).

More than 200 mortgage loan servicers partner with the KHAF program as participating lenders. The program will remain open until program funds are fully expended. Homeowners are encouraged to apply as soon as possible to ensure their application is processed in a timely manner.

Applicants in need of assistance may call 1-855-307-KHAF (5423) from 8 a.m. – 5 p.m., Monday – Friday.

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