Kansas City $100 MILLION Housing Fund ALMOST Explained

Local taxpayer supported building efforts are underway that might or might not solve a national crisis but certainly provide talking points for most of our political elite . . . Check-it: 

"The Kansas City Regional Housing Fund is a newly planned $100 million pool of capital, assembled by MARC and LISC, designed to lend developers the low-cost, flexible money that helps make affordable housing projects financially viable. Organizers expect it to launch later this year and to create or preserve 3,500 to 5,000 units of affordable housing across the nine-county, two-state area.

"It is not a silver bullet, and the people behind it don’t claim it is. The fund is still in the early phases and fundraising will continue even after its initial launch. It will also not exclusively target deeply affordable housing but rather a mix including affordable options."

Read more via www.TonysKansasCity.com link . . .

$100 million fund could spell more Kansas City affordable housing