Housing trust fund

Kansas Housing Resources Corp (KHRC) received a $3.13 million Housing Trust Fund (CFDA 14.275) formula grant from the Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development, awarded on September 15, 2025, with a completion date of September 15, 2032. The grant supports the expansion and preservation of affordable rental housing for extremely low-income and very low-income households throughout Kansas. Under program requirements, KHRC must allocate a minimum of 80 percent of the awarded funds toward rental housing production, preservation, and rehabilitation activities, with the remaining funds available for homeownership assistance and administrative costs.

KHRC will utilize these funds to acquire, newly construct, or rehabilitate affordable housing units targeting households with incomes at or below 30 percent of area median income or the federal poverty line. The organization will provide financial assistance through grants, equity investments, and loans to eligible housing projects, with up to 30 percent of funds supporting operational expenses for acquired or rehabilitated properties. As the designated state housing administrator for Kansas, KHRC will collaborate with local governments, nonprofit organizations, and community partners to deliver comprehensive affordable housing solutions. All awarded funds must be committed to specific projects within 24 months and fully expended within five years of the award date.