Affordable housing expansion in Kansas City moves forward with $300 million funding package

Kansas City, Missouri – In a major step to change Kansas City’s urban landscape, the City Council recently authorized a large financial package that opens the path for Parade Park Homes’ renovation. This development marks a substantial investment in what is one of the nation’s earliest Black-owned cooperative housing projects. The decision came with strong support from Mayor Quinton Lucas, Third District at-Large Councilwoman Melissa Patterson Hazley, and Third District Councilwoman Melissa Robinson.

The $300 million reconstruction project is expected to create a vibrant mixed-income neighborhood out of the 18th and Vine area. The project calls for the building of 1,101 affordable homes meant to fit families as well as seniors. This project not only revitalizes the neighborhood but also guarantees former residents their right to return following completion of the new homes.

Emphasizing the simultaneous importance of protecting Kansas City’s legacy while promoting its future expansion, Mayor Lucas demonstrated his excitement about the initiative…

Story continues

TRENDING NOW

LATEST LOCAL NEWS