The basics . . .
Kansas City promised affordable housing by way of incentives and delivered NOTHING.
Here are some of the deets . . .
"In 2021, Kansas City passed an ordinance requiring large market-rate apartment developments to either set aside 20% of units at 60% of area median family income (MFI) or pay $100,000 per unit into the city’s Housing Trust Fund. Yet a recent investigation by the Kansas City Business Journal (KCBJ) found that not a single new affordable unit has been built under this mandate.
Read more via www.TonysKansasCity.com link . . .
Show-Me Blog: Kansas City’s Affordable Housing Set-Asides Nets Zero Housing Units
Developing . . .
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