Stuart Seeger/Flickr

KC ordinance would set new affordable housing targets for developers



Amid growing concern about affordable housing in and around downtown Kansas City, the city council’s housing committee passed an ordinance Wednesday that would require developers who receive tax breaks to rent 15 percent of their apartments for $830 a month.

The full city council is expected to vote on the measure this week.

Council members argued for figures ranging from $625 to $950 a month before passing the ordinance. The $830 a month figure represents 70 percent of the city’s median income.

Under current rules, developers who get incentives from the city only need 10 percent of their units at $1,100 a month.

Read more: KCUR

Tags: ,