2007 Round Two
Kansas
Homeowner Projects
|
FHLBank Member |
Fidelity Bank, Wichita |
|
Name of Project |
MHRS Closing Cost Assistance |
|
Project Location |
Scattered sites in Kansas |
|
Nonprofit Sponsor |
Mennonite Housing Rehabilitation Services, Inc. |
|
Amount of Subsidy |
$210,000 |
|
Number of Units |
60 |
|
Total Development Costs |
$8,400,000 |
|
Type of Project |
New construction |
|
Income Level Targeted |
100% at or below 60% |
|
Special Needs |
NA |
|
Rural |
100% |
|
First-time Homebuyer |
100% |
|
Other Funding Sources |
USDA |
Rental Projects
|
FHLBank Member |
First National Bank of Hutchinson |
|
Name of Project |
Prairie Pointe Townhomes, LLC |
|
Project Location |
Greensburg, KS |
|
Nonprofit Sponsor |
New Beginnings, Inc. |
|
Amount of Subsidy |
$112,000 |
|
Number of Units |
16 |
|
Total Development Costs |
$2,250,200 |
|
Type of Project |
New construction |
|
Income Level Targeted |
4 units at or below 50%; 12 units at or below 60% |
|
Special Needs |
100% Elderly |
|
Rural |
100% |
|
FHLBank Member |
First National Bank of Hutchinson |
|
Name of Project |
Oakview Townhomes |
|
Project Location |
Greensburg, KS |
|
Nonprofit Sponsor |
Friends of Historical Buildings |
|
Amount of Subsidy |
$112,000 |
|
Number of Units |
16 |
|
Total Development Costs |
$1,855,200 |
|
Type of Project |
New construction |
|
Income Level Targeted |
4 units at or below 50%; 12 units at or below 60% |
|
Special Needs |
100% Elderly |
|
Rural |
100% |
|
FHLBank Member |
Farmers & Merchants Bank of Hill City |
|
Name of Project |
Solomon Valley Homes, LP |
|
Project Location |
Scattered sites in Kansas |
|
Nonprofit Sponsor |
Northwest Kansas Housing Inc. |
|
Amount of Subsidy |
$80,000 |
|
Number of Units |
10 |
|
Total Development Costs |
$1,944,730 |
|
Type of Project |
New construction |
|
Income Level Targeted |
6 units at or below 50%; 4 units at or below 60% |
|
Special Needs |
3 units visitable |
|
Rural |
100% |
|
FHLBank Member |
Central National Bank |
|
Name of Project |
Asbury Park Green House Project |
|
Project Location |
Scattered sites in Kansas |
|
Nonprofit Sponsor |
Midwest Housing Equity Group, Inc. |
|
Amount of Subsidy |
$450,000 |
|
Number of Units |
40 |
|
Total Development Costs |
$5,213,376 |
|
Type of Project |
New construction |
|
Income Level Targeted |
26 units at or below 50%; 1 unit at or below 80%; 13 units at or above
80% |
|
Special Needs |
27 units Elderly |
|
Rural |
27 units |
|
FHLBank Member |
Horizon Bank |
|
Name of Project |
Village of Fountains Assisted Living |
|
Project Location |
Kansas City, KS |
|
Nonprofit Sponsor |
Kansas Equity Fund, LLC |
|
Amount of Subsidy |
$450,000 |
|
Number of Units |
79 |
|
Total Development Costs |
$9,000,000 |
|
Type of Project |
New construction |
|
Income Level Targeted |
59 units at or below 50%; 20 units at or below 70% |
|
Special Needs |
100% Elderly |
|
Rural |
NA |
|
FHLBank Member |
Kansas State Bank of Manhattan |
|
Name of Project |
MESI Transitional Shelter |
|
Project Location |
Manhattan, KS |
|
Nonprofit Sponsor |
Manhattan Emergency Shelter, Inc. |
|
Amount of Subsidy |
$217,450 |
|
Number of Units |
47 |
|
Total Development Costs |
$1,539,693 |
|
Type of Project |
New construction |
|
Income Level Targeted |
47 units at or below 50% |
|
Special Needs |
36 units disabled and/or physical, alcohol,
drug abuse |
|
Rural |
100% |
|
FHLBank Member |
Bank VI |
|
Name of Project |
Hickory Chase Apartments |
|
Project Location |
Coffeyville, KS |
|
Nonprofit Sponsor |
Midwest Housing Equity Group, Inc. |
|
Amount of Subsidy |
$450,000 |
|
Number of Units |
32 |
|
Total Development Costs |
$3,932,256 |
|
Type of Project |
New construction |
|
Income Level Targeted |
7 units at or below 50%; 25 units at or below 60% |
|
Special Needs |
16 units visitable |
|
Rural |
100% |
Colorado
Rental Projects
|
FHLBank Member |
Farmers Bank & Trust, NA |
|
Name of Project |
Wyndam Place Senior Residences |
|
Project Location |
Colorado Springs, CO |
|
Nonprofit Sponsor |
Housing Authority of City of Colorado Springs |
|
Amount of Subsidy |
$108,000 |
|
Number of Units |
48 |
|
Total Development Costs |
$6,891,956 |
|
Type of Project |
New construction |
|
Income Level Targeted |
48 units at or below 50% |
|
Special Needs |
100% Elderly, visitable |
|
Rural |
NA |
|
FHLBank Member |
Colorado Business Bank |
|
Name of Project |
Irving Street Women's Residences |
|
Project Location |
Denver, CO |
|
Nonprofit Sponsor |
Volunteers of America |
|
Amount of Subsidy |
$200,000 |
|
Number of Units |
25 |
|
Total Development Costs |
$1,401,243 |
|
Type of Project |
Rehab |
|
Income Level Targeted |
25 units at or below 50% |
|
Special Needs |
100% Disabled |
|
Rural |
NA |
|
FHLBank Member |
Vectra Bank Colorado, NA |
|
Name of Project |
Cornerstone Residences |
|
Project Location |
Denver, CO |
|
Nonprofit Sponsor |
Rocky Mountain Housing Dev. Corp. |
|
Amount of Subsidy |
$400,000 |
|
Number of Units |
51 |
|
Total Development Costs |
$11,761,656 |
|
Type of Project |
New construction |
|
Income Level Targeted |
50 units at or below 50%; 1 unit staff |
|
Special Needs |
24 units disabled and/or drug, alcohol, physical abuse |
|
Rural |
NA |
|
FHLBank Member |
FirstBank of Colorado |
|
Name of Project |
Maplewood Apartments |
|
Project Location |
Lakewood, CO |
|
Nonprofit Sponsor |
Lakewood Housing Authority |
|
Amount of Subsidy |
$300,000 |
|
Number of Units |
121 |
|
Total Development Costs |
$15,689,592 |
|
Type of Project |
Purchase, major rehab and new construction |
|
Income Level Targeted |
75 units at or below 50%; 33 units at or below 80%; 1 unit manager |
|
Special Needs |
NA |
|
Rural |
NA |
|
FHLBank Member |
Vectra Bank Colorado, NA |
|
Name of Project |
Socorro Senior Living |
|
Project Location |
Pagosa Springs, CO |
|
Nonprofit Sponsor |
Housing Solutions for the Southwest |
|
Amount of Subsidy |
$114,000 |
|
Number of Units |
20 |
|
Total Development Costs |
$4,054,639 |
|
Type of Project |
New construction |
|
Income Level Targeted |
19 units at or below 50%; 1 unit manager |
|
Special Needs |
19 units elderly and/or disabled |
|
Rural |
100% |
|
FHLBank Member |
First National Bank of Colorado |
|
Name of Project |
The Cannery |
|
Project Location |
Longmont, CO |
|
Nonprofit Sponsor |
Thistle Community Housing |
|
Amount of Subsidy |
$378,532 |
|
Number of Units |
94 |
|
Total Development Costs |
$9,534,101 |
|
Type of Project |
Purchase and major rehab |
|
Income Level Targeted |
60 units at or below 50%; 24 units at or below 80%; 10 units at or
above 80% |
|
Special Needs |
NA |
|
Rural |
NA |
Nebraska
Homeowner Projects
|
FHLBank Member |
American National Bank, Omaha |
|
Name of Project |
Habitat for Humanity Home Ownership Project |
|
Project Location |
Scattered sites in Nebraska |
|
Nonprofit Sponsor |
Habitat for Humanity of Omaha |
|
Amount of Subsidy |
$450,000 |
|
Number of Units |
60 |
|
Total Development Costs |
$5,400,000 |
|
Type of Project |
Rehab, new construction |
|
Income Level Targeted |
100% VLI |
|
Special Needs |
NA |
|
Rural |
NA |
|
First-time Homebuyer |
100% |
|
Other Funding Sources |
City of Omaha |
Rental Projects
|
FHLBank Member |
Horizon Bank |
|
Name of Project |
Rosewood Estates, LLC |
|
Project Location |
Alliance, NE |
|
Nonprofit Sponsor |
Alliance Housing Authority |
|
Amount of Subsidy |
$117,000 |
|
Number of Units |
18 |
|
Total Development Costs |
$2,678,659 |
|
Type of Project |
New construction |
|
Income Level Targeted |
11 units at or below 50%; 7 units at or below 60% |
|
Special Needs |
100% Elderly |
|
Rural |
100% |
|
FHLBank Member |
Horizon Bank |
|
Name of Project |
Country Clover CROWN LLC |
|
Project Location |
O'Neill, NE |
|
Nonprofit Sponsor |
Central Nebraska Economic Development, Inc. |
|
Amount of Subsidy |
$71,000 |
|
Number of Units |
11 |
|
Total Development Costs |
$2,276,046 |
|
Type of Project |
New construction |
|
Income Level Targeted |
5 units at or below 50%; 6 units at or below 60% |
|
Special Needs |
100% visitable |
|
Rural |
100% |
|
FHLBank Member |
Security First Bank |
|
Name of Project |
Rush Creek Villa Rehab |
|
Project Location |
Elmwood, NE |
|
Nonprofit Sponsor |
Village of Elmwood |
|
Amount of Subsidy |
$29,218 |
|
Number of Units |
8 |
|
Total Development Costs |
$29,218 |
|
Type of Project |
Rehab |
|
Income Level Targeted |
8 units at or below 50% |
|
Special Needs |
100% Elderly |
|
Rural |
100% |
|
FHLBank Member |
Horizon Bank |
|
Name of Project |
Sunrise East |
|
Project Location |
Holdrege, NE |
|
Nonprofit Sponsor |
Holdrege Housing Authority |
|
Amount of Subsidy |
$96,000 |
|
Number of Units |
16 |
|
Total Development Costs |
$2,138,760 |
|
Type of Project |
New construction |
|
Income Level Targeted |
8 units at or below 50%; 8 units at or below 60% |
|
Special Needs |
100% Elderly |
|
Rural |
100% |
|
FHLBank Member |
Horizon Bank |
|
Name of Project |
Heritage Estates, LLC |
|
Project Location |
Sidney, NE |
|
Nonprofit Sponsor |
Sidney Housing Authority |
|
Amount of Subsidy |
$125,000 |
|
Number of Units |
20 |
|
Total Development Costs |
$3,177,985 |
|
Type of Project |
New construction |
|
Income Level Targeted |
10 units at or below 50%; 10 units at or below 60% |
|
Special Needs |
100% Elderly |
|
Rural |
100% |
|
FHLBank Member |
Thayer County Bank |
|
Name of Project |
Goldenrod Village, LLC |
|
Project Location |
Scattered sites in Nebraska |
|
Nonprofit Sponsor |
Southeast Nebraska Affordable Housing Council |
|
Amount of Subsidy |
$108,000 |
|
Number of Units |
24 |
|
Total Development Costs |
$3,230,571 |
|
Type of Project |
New construction |
|
Income Level Targeted |
10 units at or below 50%; 14 units at or below 60% |
|
Special Needs |
100% Elderly and/or disabled |
|
Rural |
10 units |
Oklahoma
Homeowner Projects
|
FHLBank Member |
The First NB&T Co. of Miami |
|
Name of Project |
Miami Flood Disaster Recovery Program |
|
Project Location |
Miami, OK |
|
Nonprofit Sponsor |
City of Miami, Oklahoma |
|
Amount of Subsidy |
$100,000 |
|
Number of Units |
20 |
|
Total Development Costs |
$2,100,000 |
|
Type of Project |
New construction |
|
Income Level Targeted |
75% VLI; 25% at or below 60% AMI |
|
Special Needs |
Visitable |
|
Rural |
100% |
|
First-time Homebuyer |
100% |
|
Other Funding Sources |
CDBG Funding, USDA |
|
FHLBank Member |
BancFirst, Oklahoma City |
|
Name of Project |
Central Oklahoma Habitat for Humanity - 2008 Building Year |
|
Project Location |
Scattered sites in Oklahoma |
|
Nonprofit Sponsor |
City of Miami, Oklahoma |
|
Amount of Subsidy |
$450,000 |
|
Number of Units |
45 |
|
Total Development Costs |
$3,518,546 |
|
Type of Project |
New construction |
|
Income Level Targeted |
86.67% VLI; 13.33% at or below 60% AMI |
|
Special Needs |
Visitable |
|
Rural |
NA |
|
First-time Homebuyer |
100% |
|
Other Funding Sources |
HOME funds, City of Oklahoma City |
|
FHLBank Member |
Bank of Oklahoma, NA, Tulsa |
|
Name of Project |
Tulsa Habitat Build 2008 |
|
Project Location |
Scattered sites in Oklahoma |
|
Nonprofit Sponsor |
Tulsa Habitat for Humanity |
|
Amount of Subsidy |
$300,000 |
|
Number of Units |
50 |
|
Total Development Costs |
$3,271,000 |
|
Type of Project |
New construction |
|
Income Level Targeted |
100% VLI |
|
Special Needs |
Visitable |
|
Rural |
NA |
|
First-time Homebuyer |
100% |
|
Other Funding Sources |
Donated goods, Foundation grants |
Rental Projects
|
FHLBank Member |
Coppermark Bank |
|
Name of Project |
Woodson Park Apartments |
|
Project Location |
El Reno, OK |
|
Nonprofit Sponsor |
Midwest Housing Equity Group, Inc. |
|
Amount of Subsidy |
$364,000 |
|
Number of Units |
52 |
|
Total Development Costs |
$5,715,219 |
|
Type of Project |
New construction |
|
Income Level Targeted |
26 units at or below 50%; 26 units at or below 60% |
|
Special Needs |
100% Elderly |
|
Rural |
100% |
|
FHLBank Member |
BancFirst |
|
Name of Project |
Affordable Assisted Living Center |
|
Project Location |
Tulsa, OK |
|
Nonprofit Sponsor |
Development Enterprises of Central OK |
|
Amount of Subsidy |
$450,000 |
|
Number of Units |
46 |
|
Total Development Costs |
$4,004,864 |
|
Type of Project |
New construction |
|
Income Level Targeted |
19 units at or below 50%; 27 units at or below 60% |
|
Special Needs |
100% Disabled |
|
Rural |
NA |
|
FHLBank Member |
Bank of Oklahoma, NA |
|
Name of Project |
Lakehurst Senior Housing |
|
Project Location |
Scattered sites in Oklahoma |
|
Nonprofit Sponsor |
Deep Fork Community Action Foundation, Inc. |
|
Amount of Subsidy |
$188,357 |
|
Number of Units |
40 |
|
Total Development Costs |
$5,394,674 |
|
Type of Project |
New construction |
|
Income Level Targeted |
24 units at or below 50%; 16 units at or below 60% |
|
Special Needs |
100% Elderly |
|
Rural |
100% |
|
FHLBank Member |
Horizon Bank |
|
Name of Project |
Village at Oakwood |
|
Project Location |
Oklahoma City, OK |
|
Nonprofit Sponsor |
Midwest Housing Equity Group, Inc. |
|
Amount of Subsidy |
$450,000 |
|
Number of Units |
90 |
|
Total Development Costs |
$8,320,103 |
|
Type of Project |
New construction |
|
Income Level Targeted |
54 units at or below 50%; 36 units at or below 60% |
|
Special Needs |
100% Elderly |
|
Rural |
NA |
|
FHLBank Member |
Bank of Oklahoma |
|
Name of Project |
Neosho Ridge Addition |
|
Project Location |
Miami, OK |
|
Nonprofit Sponsor |
Braintree, Inc. |
|
Amount of Subsidy |
$136,000 |
|
Number of Units |
24 |
|
Total Development Costs |
$3,945,484 |
|
Type of Project |
New construction |
|
Income Level Targeted |
15 units at or below 50%; 9 units at or below 60% |
|
Special Needs |
NA |
|
Rural |
100% |
|
FHLBank Member |
Anadarko Bank & Trust Co. |
|
Name of Project |
Iscani Subdivision |
|
Project Location |
Anadarko, OK |
|
Nonprofit Sponsor |
Wichita Housing Authority |
|
Amount of Subsidy |
$450,000 |
|
Number of Units |
25 |
|
Total Development Costs |
$3,726,206 |
|
Type of Project |
New construction |
|
Income Level Targeted |
25 units at or below 50% |
|
Special Needs |
100% visitable |
|
Rural |
100% |
|
FHLBank Member |
Union Bank, NA |
|
Name of Project |
JFK Single Family |
|
Project Location |
Scattered sites in Oklahoma |
|
Nonprofit Sponsor |
Central Urban Development |
|
Amount of Subsidy |
$371,706 |
|
Number of Units |
32 |
|
Total Development Costs |
$5,318,143 |
|
Type of Project |
New construction |
|
Income Level Targeted |
23 units at or below 50%; 9 units at or below 60% |
|
Special Needs |
NA |
|
Rural |
NA |
|
