Housing

House-To-Home

House-to-Home will be an affordable starter home development in the Bethany neighborhood of Kansas City, Kansas, located in the urban core from 10th Street to Valley and Riverview to Central. The development will consist of 20 new single-family homes that will be rented with an option to purchase the house after 15 years. Residents will earn equity in the home throughout those 15 years that will assist with the final purchase of their home.

To provide supportive services to participants in this program and ensure that they are prepared to be home owners at the end of the 15 year period, CHWC will offer home buyer classes. These classes will consist of homebuyer education, minor home repairs, and credit counseling. There will be four classes offered throughout each year and all participants will be required to attend at least three of the four classes to meet the requirements to purchase their home.

The development will represent a $4 million investment in Bethany and provide 20 families the opportunity to be home owners. CHWC will finance this development through the use of Housing Tax Credits and other investment dollars.

Mt. Zion

Consists of 14 homes in a cul-de-sac community near downtown Kansas City, Kansas.  It features large lots and, with limited access, it maintains a gated feel.  CHWC has completed the neighborhood with an average home price of $150,000.  Construction financing was provided by Security Bank of Kansas City and Fannie Mae.

Russian Hill

St. Peter/Waterway

Cathedral Pointe is the award winning development located in the St. Peter/Waterway neighborhoods. In the heart of Kansas City, Kansas, the development will consist of 140 new and rehabbed homes. Financed with over $3 million of tax increment financing and a $2 million federal appropriation, this 16-square-block project has been voted one of the best new neighborhoods in Kansas City, KS and was recently named a finalist for the Capstone Awards in Building Excellence for community impact. Both Phase 1 and 2 are expected to be completed in three years with home prices ranging from low to high $100,000s. The development includes a mixture of single family homes, townhomes and rehabilitated homes. Waterway Park and the Bishop Ward High School athletic fields add green space that is within walking distance of each home.

Strawberry Hill Townhomes

Built to meet the housing needs of downtown professionals, the Strawberry Hill Townhomes feature views of the Kansas City skyline and appeal to the historic architecture in Strawberry Hill.  The homes ranged in price from $150,000 to 185,000 – all Phase 1 townhomes are sold.

We are now in the predevelopment stages of Phase 2.  Sixty-five townhomes are slated for this phase ranging from $200,000 to $250,000.  The homes will be designed with a loft-like feel, offering both two- and three-bedroom floor plans and featuring second-floor martini decks. Units will be available for sale in early 2008.

Village of Fountains

The Village of Fountains will be Kansas City, KS’s first senior housing campus that integrates both independent living and assisted living.  The Village will consist of 59 assisted living apartments and 20 independent living cottages.  The assisted living apartments will feature well appointed one-bedroom homes and the independent living cottages will feature two bedroom and two bathrooms at approximately 1100 square feet.

Low Income Housing Tax Credits will make the $8 million senior campus an affordable community. The single family homes will range in price from $160,000 - $185,000 and will be eligible for a 10-year property tax rebate. The Village of Fountains will be completed in spring 2009.