KANSAS CITY, Mo. - A Kansas City housing agency has received nearly $300,000 to help buy and rehabilitate foreclosed homes in hopes of reviving the city's urban core one house at a time.
Neighborhood Housing Services was given $283,000 from the federal Home Loan Bank to purchase the properties, rehab them and then sell them to new homeowners. The agency says the grant money combined with other funds should help them buy, rehab and get new homeowners into another 35 to 40 homes across Kansas City.
"Many of the homes in the center city are homes that are just right for individuals that are of lower income. Priced just right for them. We want to take the opportunity to offer those buyers a place that they can call their own," said Marjorie Major of Neighborhood Housing Services.
For more information about applying for a Neighborhood Housing Services Home Loan, please call Marquetta Broome at (816) 822-7703, ext. 212. For more information about Neighborhood Housing Services, check out their website at www.nhsofkcmo.org.