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Kansas Housing Update

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Summer 2023 | Breaking Ground:

On the Homefront with Kansas Housing

Independence Day has come and gone! The holiday marks the mid-point of summer and all its glory before the sweltering dog days hit. Speaking of dogs, the Nathan’s Hot Dog Eating Contest shocks us each Fourth of July when contestants consume obscene numbers (63 in 10 minutes is the current record!). The Fourth is the holiday for swimming pools, ice cream, and fireworks (back to those dogs, they’d rather skip the explosions).

My favorite part of Independence Day has always been the neighborhood parades. Since the time our kids were little, we decorated their wagons and bikes and joined our neighbors celebrating the day. As they got older, they marched with the Cub Scouts. There’s always the fire truck, the ragtag group of musicians playing marching band music, sometimes even someone playing bagpipes. Often there’s more folks in the parade than watching it. The sun beats down, the candy, the smiles. Everyone comes out of their houses. Neighbors coming together. Community. To me, it represents everything that the Fourth can and should be.

Our slogan at Kansas Housing is that we Unlock Home. It’s critical to the individuals and families we serve. But it goes beyond the walls and fence. By investing in homes, we create new neighbors, we foster new community, we embrace our common bonds that hold us together.

As we celebrate our nation’s independence, we reflect that our nation starts with each of us, together, united and indivisible. Home is the building block of it all. So whether you celebrate in a neighborhood parade or lighting that sparkler, we wish you and yours a wonderful summer.

– Ryan Vincent, Executive Director

Breaking Ground is a quarterly newsletter from Kansas Housing Resources Corporation (KHRC), the state’s housing finance agency. We hope you’ll follow along to keep up on the latest Kansas housing news! Update your subscription preferences anytime.

Housing Development

Kansas Housing awards millions in MIH, MIH-ARPA funds and KHITC for rural development

Fifteen Kansas communities will receive a combined total of $4,925,400 in MIH funds, $8,475,000 in MIH-ARPA funds, and 6,441,000 in Kansas Housing Investor Tax Credit (KHITC) to develop affordable housing for moderate-income families in rural areas of the state. The awards, made possible through the state of Kansas’ Moderate Income Housing (MIH), MIH-American Rescue Plan Act (MIH-ARPA), and Kansas Housing Investor Tax Credit (KHITC) Programs, provide resources to develop housing in rural communities.

 

Combined with the amount leveraged by each community to support the proposed initiatives, the awards represent a total investment of $141,077,730 and a net gain of 544 affordable, quality housing units.

Read more.

 

Kansas Housing awards the second round of State Affordable Housing Tax Credits

In April, Kansas Housing received 11 applications for the 4% Low Income Housing Tax Credit (LIHTC), equating to more than $254 million in Private Activity Bonds (PABs) for the second of three application rounds. Of the five applications awarded, the approved LIHTCs and PABs will build 305 new units and rehabilitate 398 existing affordable units.

Read more. 

Celebrating Homeownership
Putting Down Roots: Becoming a First-Time Homebuyer

Misty Brown and her two children had been renting their Wichita home for four years when she started planning to buy a permanent home in Derby, where her children attend school and many of her family members live. The move was sparked by her sister, Tiffany, who had recently purchased her own Derby home with the help of down payment and closing cost assistance through the state’s First Time Homebuyer program. Because their finances were similar, Brown thought, “If she got approved, I might get approved; I might as well try.”

 

Brown reached out to Tiffany’s lender to determine if she may be eligible. “My lender did everything,” Brown said. “She told me what documents to send, and I was pre-approved in August 2022.” She worked with a real estate agent to find a house, and by January 2023, her family moved into their permanent home, just 43 seconds away from her sister’s driveway. She says saving up to buy a home “would have been a much longer process” without the down payment and closing cost assistance provided by the First Time Homebuyer program.

 

Read more.

 

Kansas Housing announces youth art contest honorees, unveils Statehouse exhibition

KHRC announced top entries in its statewide youth art contest at the end of June. The initiative, held to commemorate National Homeownership Month and KHRC’s 20th anniversary, invited K-12 Kansas students to share their vision of what home means to them. Honorees and their families were recognized at a special reception at the Kansas State Capitol, and their artwork remained on display in the rotunda through July 7.

Read more.

Our 18th annual Kansas Housing Conference will bring together housing professionals from across the state and region to network, learn, and explore the latest trends and innovations in affordable housing.

Join us August 22-24, 2023 at the Overland Park Convention Center!

LEARN MORE
We’re kicking off this year’s Kansas Housing Conference in style with a with a 1920s-themed welcome reception to commemorate our 20th year as we toast two decades of helping Kansans access the safe, affordable housing they need and the dignity they deserve.

Aug. 21 | 5:00 -7:00 p.m.

Overland Park Convention Center Ballroom

RSVP through the conference registration process!

Check out our News page for an archive of KHRC News.

Read KHRC News

Kansas Housing Resources Corporation

611 S Kansas Ave., Suite 300 | Topeka, KS 66603

info@kshousingcorp.org

   
Kansas Housing Resources Corporation | 611 S. Kansas, Suite 300, Topeka, KS 66603
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