McPherson has one of the lowest unemployment rates in the state of Kansas. Prairie Pointe was developed to provide much needed workforce housing and assist with industry retention, recruitment, and expansion. “Available housing” is listed as one of the top issues facing the community and the key issue facing business expansion.
Working with the City and the business community, Prairie Fire developed a 45-unit community rented to families. Supportive services are provided through our nonprofit partner to make sure residents are provided assistance when needed.
Total Development Cost – $6.5 million
- Objective – Address the need for workforce housing, economic development and expansion
- Financing – $5.9 million LIHTC, RHID, Conventional Debt
- Investor/Lender – MHEG, Horizon Bank
Joint Center for Housing Studies at Harvard University releases the 2018 State of the Nation's Housing Report
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 firstname.lastname@example.org for more information!
770 East 5th Street
Kansas City, MO 64106