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.

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

22 multifamily rental units in Liberal
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
6 multifamily rental units in Kinsley