Blenheim School conversion to apartments in Kansas City awaits state tax credits
Kansas City Public Schools says the sales contract is signed, but Sunflower Development Group still needs to get a state tax credit to redevelop Blenheim Elementary School into senior apartments.
Sunflower for the third time is seeking tax assistance from the Missouri Housing Development Commission’s Low-Income Housing Tax Credit program. Without it, the redeveloper says the low-income housing project isn’t financially viable.
The tax credits are expected to be announced in December or January. If awarded, Sunflower wants to begin work next summer, with occupancy available in summer 2018.
Conversion of the vacant school building at 2411 E. 70th Terrace into 52 rental units would be the second school-to-senior housing project by Sunflower, which completed a similar conversion of the former Faxon school building at 3710 the Paseo.
Diane Stafford: 816-234-4359, @kcstarstafford
This story was originally published August 3, 2016 at 10:01 AM with the headline "Blenheim School conversion to apartments in Kansas City awaits state tax credits."