Following a groundbreaking ceremony last June, the construction of 12 senior buildings (24 apartments) at 34th and Garfield Streets in Kansas City, Kansas, is moving forward under the direction of The Osborne Company.
Elder Cryston Josiah, CSC vice president of administration, reported that because of the way tax credit projects work, this development was at no cost to the Central States Conference. “We actually were paid for the land that is being used,” said Josiah.
The contract includes a 15-year compliance period. Then the conference will have the opportunity to own the units outright at that time, or may decide to sell them. They are estimated to be worth over $5 million.
“Whatever we decide in 15 years will be a win-win for the conference. God is good and has tasked us to be good stewards of the 39 acres He has blessed us to manage,” Josiah stated.
The apartments will all be accessible with wide halls and doorways and will not have any steps. Maintenance, lawn care and snow removal will be provided. Each unit features a one car garage, full kitchens, full size washer and dryer, and a spacious bathroom with a walk-in shower.
There will be 11 units renting for $650 per month, 10 units renting for $550 per month, and two units for $450 per month. As required by the state of Kansas, one unit is designated for use at no cost to help those going through financial crisis and needing a housing transition time.
Conference staff will share details about applying for occupancy as construction progresses. The projected completion date is October 2020.