MOUND RIDGE, KS
Located along the bustling Interstate 135 corridor, Moundridge is home to several industries that are expanding or looking to expand. The city also serves as a “commuter” town with households often commuting out of the city for employment throughout the county and nearby Wichita.
Housing has been a challenge for the community, so the City contacted Prairie Fire to help. Prairie Fire developed 30 units of affordable housing and 12 units of market rate housing. The project consists of two and three bedroom units rented to families.
Total Development Cost – $6.5 million
- Objective – Address the need for workforce housing, economic development and expansion
- Financing – $4.7 million LIHTC, RHID, MIH, Conventional Debt
- Investor/Lender – Aegon, Intrust Bank N.A.
Joint Center for Housing Studies at Harvard University releases the 2018 State of the Nation's Housing Report
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 email@example.com for more information!
770 East 5th Street
Kansas City, MO 64106