A proposed housing project for senior citizens has hit a setback that leaves the future of the development in doubt.
The affordable senior housing project on Mission’s west edge would have replaced the decaying Neff Printing building at 7080 Martway. However, the 32-unit project was to be financed by Low Income Housing Tax Credits from the Kansas Housing Resource Corporation. The city learned Wednesday that Brinshore Development’s Mission project placed 19 on the state’s list of projects to receive credits and only the first 17 are in line to receive funding this year.
Martin Rivarola, Mission’s Community Development Director, said the city’s contract with Brinshore would extend for another year automatically unless the city council votes to cancel the contract within 60 days after the credits have been rejected. The project could move up on the state funding list if one of the higher-rated projects does not come through, he said.
A council committee had been scheduled to consider a proposal for a Tax Increment Financing district to help the senior development. That discussion was scrapped on news of the Kansas tax credit decision. Rivarola said the project could potentially move up on the list in a future year. No other options are on the table right now, he said, but the city choices are to cancel the contract or keep working with Brinshore.
The city had agreed to a sale price and terms for demolition with Brinshore. Had the tax credits been received, construction could have started by the end of the year. Rivarola said he would ask the developer to discuss the options with the council next month. A councilor also asked for the cost of demolition to be presented in case the city has to take the building down on its own.