Stafford County Economic Development recently completed a two-year campaign to raise funding for moderate income housing development through placement of Community Service Tax Credits awarded by the Kansas Department of Commerce. Funds raised through this program partially funded construction of a duplex in Macksville, will pay for housing construction in Stafford in 2015, and will also provide for construction to begin in St. John.
The tax credits were sold in 2013 and 2014.The initial allocation awarded to Stafford EcoDevo was sold out in September 2014, making the organization eligible for additional credits.These “bonus” allocations in November and December added another $90,000 in funding. In total over the two year period, $304,286 was raised.This has allowed the organization to engage in housing development with no increase in taxes or debt financing.
Stafford County Economic Development wants to extend a big “thank you” to those who utilized the Community Service Tax Credit program and who made funding possible for housing development.
St. John National Bank
Kanza Cooperative Association
Stafford County Flour Mills
Steven and Sheryl Schamaun
Ron and Kathy Straub
Southern Plains Coop
American Warrior, Inc.
Western Supply Company
The Home Lumber and Supply Company
RAMA Operating Co., Inc.
SJN Bank of Kansas
Harold and Irene Hornbaker
Mid Kansas Ag
Stone Sand Co., Inc.
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Stafford County Economic Development
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