History

The Kansas City Equity Fund established itself in the affordable housing community during 2006, and the initial offering in 2007 attracted a broad range of investor banks.  With an offering in each subsequent year, we now have investments totaling nearly $11 million and an investor base of 12 financial institutions.

The Fund made its first investment in 2007 in Westside Apartments, partnering with Westside Housing Organization in the rehabilitation of 75 units of affordable housing in the historic West Side neighborhood of Kansas City, Missouri.

In 2008, two additional properties were added to the portfolio; 65 units at the Valentine Apartments, with McCormack Baron Salazar as the General Partner; and 14 townhomes at Jamison Housing on the Boulevard with Jamison Temple CDC and the Fulson Housing Group.

KCEF 2009 and KCEF 2010 invested in our first property on the Kansas side of the metro area; The Villas at Ridge Pointe is the second phase of a property in Kansas City, Kansas, in partnership with the Overland Property Group.

Potential investments on the horizon include another in Kansas City, Missouri, and the possibility of two properties in Johnson County, Kansas. 

Investors are now being sought as KCEF works diligently to provide continued benefits to its investors, partners and the neighborhoods we serve.