Kansas Housing Resource Corporation outlines plans for 2600 new affordable housing units

The Senate Committee on Commerce convened on March 6, 2025, to discuss critical issues surrounding housing development and the implications of recent legislative actions. A significant focus of the meeting was the ongoing challenges related to low-income housing and the potential for bipartisan support in addressing these issues.

During the session, committee members reviewed the impact of the state Low Income Housing Tax Credit program. It was reported that in 2023, the Kansas Housing Resource Corporation (KHRC) facilitated the development of 2,138 housing units, with projections for 2024 estimating an additional 2,596 units. The committee anticipates that the 2025 Qualified Allocation Plan, recently signed by Governor Kelly, could enable the construction of approximately 2,600 more units.

Senator Owens highlighted the urgency of the housing situation, noting that the state incurs a liability of $250 million annually due to housing shortages. He expressed appreciation for the data provided by KHRC, emphasizing the importance of understanding the broader implications of housing policies. Owens also acknowledged the delicate balance lawmakers must strike between budget constraints and the need for housing credits, which are often targeted for cuts during budget discussions.

The committee discussed the types of housing being developed, confirming that the focus includes not only apartment complexes but also single-family homes and duplexes. However, the majority of units are in multi-family developments, which offer greater economies of scale.

As the meeting concluded, there was a commitment to share proposed amendment language regarding the housing compromise with committee members by the end of the weekend. This collaborative effort aims to find a viable solution to the housing crisis while considering the financial realities facing the state.

Overall, the discussions underscored the importance of continued dialogue and cooperation among lawmakers to address the pressing need for affordable housing in Kansas. The committee's next steps will be crucial in shaping future housing policies and ensuring that the needs of residents are met effectively.