ORDINANCE NO. 250492
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Sponsor: Director of Housing and Community Development Department
Accepting the recommendation of the Housing Trust Fund Advisory Board to rescind the $225,260.00 award previously allocated to Allenwood Properties, LLC for 2809, 2811, 2815 E. Linwood Avenue; and reducing a $225,260.00 appropriation in the Housing Trust Fund and appropriating such sums to the Unappropriated Fund Balance of the Housing Trust Fund.
***Held Until 9/30/2025***
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WHEREAS, on December 20, 2018, by Committee Substitute for Ordinance No. 180719, the City Council established the Housing Trust Fund to implement neighborhood revitalization, housing development, and preservation projects proposed by the City and in coordination with private developers that are undertaking projects in alignment with the City’s Housing policy; and
WHEREAS, on November 4, 2021, the City Council passed Ordinance No. 210873 establishing the Housing Trust Fund Advisory Board to review applications, with reporting requirements, and funding allocation direction and prioritization of fund use; and
WHEREAS, on February 2, 2023, by Ordinance No. 230084, the City Council accepted the recommendation of the Housing Trust Fund Advisory Board to allocate $225,260.00 in funding to Allenwood Properties, LLC, for the rehabilitation and preservation of nine affordable housing units at 2809, 2811, and 2815 E. Linwood Avenue; and
WHEREAS, the Housing and Community Development Department maintains a 12-month contracting policy for awarded projects, which Allenwood Properties, LLC, has exceeded after not securing all financing needed to enter into a funding agreement; and
WHEREAS, the Housing Trust Fund Advisory Board provided an extension in September 2024 allowing the developer additional time through January 2025 to pursue additional funding sources; and in January 2025, upon learning that the funding gap remained, the Board granted a final 60-day extension, which has since expired without the project entering into contract; and
WHEREAS, due to the Allenwood Properties, LLC’s inability to proceed with contracting, the Housing Trust Fund Advisory Board voted unanimously on April 28, 2025, to rescind the award and recommended that the funds be returned to the unappropriated fund balance of the Housing Trust Fund for reallocation through the Round 5 Request for Proposals, which is currently open through June 20, 2025, with awards anticipated approximately 60 days thereafter;
BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:
Section 1. That the recommendation of the Housing Trust Fund Advisory Board to rescind the funding award in the amount of $225,260.00 previously allocated to Allenwood Properties, LLC, for the Allenwood Properties project is hereby accepted.
Section 2. That the appropriations in the following account of the Housing Trust Fund, Fund No. 2490, is hereby reduced by the following amount:
26-2490-555996-619850-55ALLENHTF Allenwood Properties $225,260.00
Section 3. That the sum of $225,260.00 is hereby appropriated from the Unappropriated Fund Balance of the Housing Trust Fund, Fund No. 2490, to the following account:
26-2490-552045-619080 Housing Trust Fund - Bonds $225,260.00
Section 4. That the returned funds shall remain in the unappropriated fund balance of the Housing Trust Fund and shall be made available for future allocation to eligible affordable housing projects in accordance with the priorities and procedures established by the Housing Trust Fund Advisory Board and the City Council.
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I hereby certify that there is a balance, otherwise unencumbered, to the credit of the appropriation to which the foregoing expenditure is to be charged, and a cash balance, otherwise unencumbered, in the treasury, to the credit of the fund from which payment is to be made, each sufficient to meet the obligation hereby incurred.
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Tammy L. Queen
Director of Finance
Approved as to form:
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Joseph A. Guarino
Senior Assistant City Attorney