KHRC AWARDS $2.1 MILLION TO SUPPORT THE DEVELOPMENT OF MODERATE-INCOME HOUSING IN KANSAS

TOPEKA – October 11, 2013 – (RealEstateRama) — Ten Kansas communities will share $2.1 million in funding to build moderate-income housing and infrastructure in rural areas. The Moderate-Income Housing (MIH) Program, an initiative funded by the State of Kansas and administered by Kansas Housing Resources Corporation (KHRC), works to help cities and counties develop multi-family rental units, single-family for-purchase homes, and water, sewer and street extensions in communities with populations fewer than 60,000 people. MIH funding can also be used to finance construction costs, rehabilitate unsafe or dilapidated housing, and offer down-payment and closing-cost assistance to homebuyers


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The Kansas Housing Resources Corporation (KHRC) was formed pursuant to K.S.A. 74-8904(v) per the Governor's Executive Reorganization Order (ERO) # 30.  KHRC is a subsidiary corporation of the Kansas Development Finance Authority. 

The Kansas Housing Resources Corporation mission is to enhance Kansas communities with housing opportunities. This goal is achieved through using a variety of strategies and approaches, including increasing homeownership opportunities, leveraging the construction of more affordable rental housing, preserving existing housing through rehabilitation, promoting energy efficiency improvements for owner-occupied and rental housing, providing affordable housing through rent assistance to low-income families and senior citizens, and creating housing opportunities for previously underserved persons and communities.

Contact:

Kansas Housing Resources Corporation
611 South Kansas Avenue, Suite 300
Topeka, Kansas 66603-3803
Phone: (785) 296-5865
Fax: (785) 296-8985

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