Kansas Housing Investor Tax Credit (KHITC)
The Kansas Housing Investor Tax Credit (KHITC) from Kansas Housing Resources Corporation incentivizes private investment in new or rehabilitated housing in Kansas counties with populations of 75,000 or less.
Funder: Kansas Housing Resources Corporation
Due Dates: Rolling (applications accepted year-round)
Funding Amounts: Tax credit allocations per project: up to $35,000/unit (small counties), $32,000/unit (medium), $30,000/unit (large); max 40 units/year/project; total pool varies annually.
Summary: Supports residential housing development in Kansas counties (≤75,000 population) by providing state income tax credits to incentivize private investment.
Key Information: KHITC applications must be paired with a Moderate Income Housing (MIH) application; both must be submitted together.
Description
The Kansas Housing Investor Tax Credit (KHITC) program aims to address the shortage of adequate residential housing in underserved Kansas communities. Administered by the Kansas Housing Resources Corporation (KHRC), KHITC provides state income tax credits to qualified investors who make eligible cash investments in new or rehabilitated housing developments in counties with populations of 75,000 or less. The program is designed to stimulate local economic growth, support workforce needs, and help communities attract or retain businesses and residents by expanding housing options.
KHITC is a flexible, rolling program that complements other state housing initiatives, notably the Moderate Income Housing (MIH) program. All KHITC applications must be submitted in tandem with an MIH application for the same project.
