Spring is a time for renewal—and the perfect time to make home improvements. On May 1, 2015, The City of Kansas City, Mo., opened home repair applications for three Neighborhood and Housing Services programs to serve residents. The Paint Program provides free paint and supplies to qualifying homeowners who live in Kansas City, Missouri. The City Home Repair Program & Federal Home Loan Bank Home Repair Program assists Kansas City, Missouri homeowners who cannot afford to make urgent home repairs. The Targeted Minor Home Repair, Special Northeast and Marlborough Targeted Programs assist homeowners who live in targeted areas within neighborhood strategy areas identified in the 2012-2016 Consolidated Housing and Community Development Plan.
"Home improvements, both big and small, can be expensive for homeowners," said Roger Stewart, Program Supervisor. "Kansas City is offering resources to home owners in need to make improvements to their properties, which in turn improves neighborhoods and communities."
This year, Kansas City is offering another resource for homeowners—the Federal Home Loan Bank (FHLB) Home Repair Program. The program is funded by two $500,000 grants that the Federal Home Loan Bank of Des Moines presented to the City and Central Bank of Kansas City to support minor home repair assistance - such as roof replacement, siding, painting and electrical repairs - to about 150 single family homeowners who live in targeted neighborhoods. Homeowners must also meet the Department of Housing and Urban Development's Very Low Income (50 percent) guidelines.
This is the third time the City has received housing improvement grants from the Federal Home Loan Bank of Des Moines. Through its "Strong Communities" program, the Federal Home Loan Bank of Des Moines annually returns 10 percent of its net income to support housing projects in communities throughout its district.
The Federal Home Loan Bank of Des Moines is a wholesale cooperative bank that provides low-cost short and long-term funding and community lending to nearly 1,200 members, including commercial banks, saving institutions, credit unions and insurance companies. The bank is wholly owned by its members and receives no taxpayer funding. The Des Moines Bank serves Iowa, Minnesota, Missouri, North Dakota and South Dakota and is one of 12 regional banks that make up the Federal Home Loan Bank system.
Applications for all programs are available online at kcmo.gov/neighborhoods. To request an application be mailed to you, please call the City's Housing Section at 816-513-3025.
For more information or media inquiries, please contact Roger Stewart, program supervisor, at 816-513-3253.
