News & Publications
Kansas City Equity Fund
The
Kansas City Equity Fund (KCEF) celebrated its first year of business by
thanking its Investors and Partners at a reception held at the Kemper
Museum of Contemporary Art. The festivities took place on October 23rd
with guests enjoying the ambiance of the museum over cocktails, hors
d’oeuvres and the Tim Whitmer Duo.
To date, KCEF has received a total of $3.4 million of investment from Bank Midwest, Commerce Bank, Enterprise Bank and Trust, First National Bank of Missouri, Great Southern Bank, M&I CDC, National City, The PrivateBank and UMB.
Thanks to our investors, KCEF is also pleased to announce the closing of its first deal, which took place on October 17th. KCEF and general partner Westside Housing Organization joined to develop Westside Apartments, a re-syndication of three existing LIHTC projects located in Kansas City’s Westside neighborhood. The investment includes 75 units of affordable housing and is expected to be completed in June 2008.
To date, KCEF has received a total of $3.4 million of investment from Bank Midwest, Commerce Bank, Enterprise Bank and Trust, First National Bank of Missouri, Great Southern Bank, M&I CDC, National City, The PrivateBank and UMB.
Thanks to our investors, KCEF is also pleased to announce the closing of its first deal, which took place on October 17th. KCEF and general partner Westside Housing Organization joined to develop Westside Apartments, a re-syndication of three existing LIHTC projects located in Kansas City’s Westside neighborhood. The investment includes 75 units of affordable housing and is expected to be completed in June 2008.