NEWS AND PERSPECTIVES FROM PRAIRIE FIRE DEVELOPMENT GROUP
Through urban planning, development and construction expertise, Prairie Fire Development Group is building the next generation of multifamily housing. Follow along as we keep you up-to-date on our latest projects, property and development case studies, and our views on industry issues.
Demand for Workforce Housing Grows Nationwide
The need for workforce housing continues to grow nationwide, in urban, rural and even suburban markets. It is critical for people to have the option to live near where they work, particularly those workers who are most essential to the local economy. Vital employees...
read moreRural Housing Improvement Districts in Kansas (RHID)
As the cost of construction and development continues to increase, the goal to provide quality, affordable housing becomes evermore challenging. Fortunately, the Rural Housing Improvement District program helps underwrite public improvements for affordable housing in...
read moreCP Lofts Nominated for KC Cornerstone Award
http://www.edckc.com/kccornerstone-finalist-cp-lofts/ < MORE PERSPECTIVE POSTS NEWS CP Lofts Nominated for KC Cornerstone award, March 2017 Prairie Fire Residences Breaks Ground in Newton, KS, February 2017 Moundridge Duplexes Hold Open House, September 2016...
read moreEconomic and Fiscal Impact of Affordable Housing
The orange and red shades in the map illustrates that a record number of households are now paying more than 40% of their income toward housing. In some markets this is well over 50%! Providing affordable housing in your community isn't just the right thing to do...
read moreVacancies Up in Multifamily Overall, LIHTC Remains Strong
This is why Prairie Fire focuses mainly on affordable housing - demand continues to outpace supply, now and for the foreseeable future. Two different reports in the same day discuss robust occupancies in LIHTC (affordable)housing, while the report below speaks of...
read moreKeep a Close Eye on the Supply & Demand Curve
When 1 out of every 2 renters in the nation earn less than $35,000 per year, the production of rental units continues to target the upper end of the market. Additionally, for the first time in the last quarter, supply of rental units (coming to market or building...
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TESTIMONIALS
Awarded the Kansas City Business Journal’s Real Estate Capstone Award in 2018 for excellence in Multifamily Development. CP Lofts, Kansas City, Missouri.
“Intrust Bank has partnered with Prairie Fire on many of its projects and they consistently perform above expectations.” DEAN BEST, INTRUST BANK
Recipient of the 2015 Kansas Housing Resources Corporation Ad Astra Award. BAXTER SPRINGS SENIOR LIVING, BAXTER SPRINGS, KANSAS
Awarded the single largest tax credit allocation in Kansas Housing Resources Corporation’s history. PEMBERTON SENIOR LIVING, KANSAS CITY, KANSAS
NEWS
Prairie Fire begins construction on Vistas Workforce Housing in York, Nebraska!
Joint Center for Housing Studies at Harvard University releases the 2018 State of the Nation's Housing Report
Prairie Fire profiled in Multifamily Housing News June 2018
Prairie Fire to build workforce housing in York, Nebraska
CP Lofts wins KC Business Journal 2018 Capstone Award for Multifamily
CP Lofts Nominated for KC Cornerstone award, March 2017
Creativity in Affordable Housing, Spring 2016
ANNOUNCEMENTS
Prairie Fire recently selected by Iowa Finance Agency to build two workforce housing projects in Iowa - Harlan and Red Oak.
Prairie Fire to develop mixed-income workforce housing in Ottawa, Kansas using Housing Tax Credits, Housing Trust Fund and Moderate Income Housing Funds!
Prairie Fire Residences in Newton, Kansas is now leasing! Contact manager.prairiefire@rentourspace.com for more information!