Kansas City, Missouri – Kansas City has set aside $8.5 million to make it easier for people to find affordable housing. This is another big step the city is taking to make sure its residents have safe and stable homes. The Affordable Housing Trust Fund will give money to eight initiatives that will together build and keep 447 affordable apartments in the city.
Mayor Quinton Lucas stressed how important this project is, saying that the Trust Fund has already put more than $40 million into housing since it started. Lucas says that the city has helped make or keep more than 5,000 affordable homes in the past several years. This shows that the city is committed to making housing easier for families, seniors, and other vulnerable people in the long run.
The new projects that got money show a wide range of housing demands. Cardinal Ridge will get $1.2 million to preserve 160 units, 90 of which are for seniors and 70 for families. They will also expand amenities including a full-time Resident Service Coordinator. Mid-City Towers II will also utilize its $1.2 million cash award to buy and fix up 72 senior apartments that are only available to people who make less than 60% of the Area Median Income…