KC Home Rehabber Loan Fund
Abandoned and blighted housing can diminish property values of the surrounding neighborhood, and frequently give rise to criminal activity, leading to violence and further destruction of the neighborhood. These funds support rehabbers in reclaiming Kansas City’s urban neighborhoods.
With more than 5,000 vacant homes and lots in Kansas City, there is an urgent demand for housing rehab funding to improve abandoned and blighted residential properties in the urban core. However, there has been a lack of available capital for home rehabbing projects to help cover the prohibitive costs of contractors, plumbers, electricians and other trades. The Kansas City Home Rehabbers Loan Fund was established to address this need and support home rehabbers who are working to address Kansas City’s blighted housing issues in our neighborhoods.
In partnership with Legal Aid of Western Missouri, AltCap is developing a microloan program to serve home rehabbers in Kansas City, Missouri’s distressed neighborhoods.
If you are a small contractor interested in financing for your next home rehab project, first download and review the KC Home Rehabber Loan Fund Interest Packet
You can also attend the following information session to meet the Loan Fund partners and learn more about the application process:
Thursday, August 23
Seton Center, 2816 East 23rd Street, Kansas City, MO 64127