Successful completion of community service tax credit campaign provides for housing construction

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.

2013 Contributors
St. John National Bank 
Kanza Cooperative Association
Walter Mooney 
Stafford County Flour Mills
Thomas Stickney
Steven and Sheryl Schamaun

2014 Contributors
Ron and Kathy Straub
Southern Plains Coop
Walter Mooney
Thomas Stickney
American Warrior, Inc.
Western Supply Company
The Home Lumber and Supply Company
Catherine Richardson
Lona Hinshaw
RAMA Operating Co., Inc.
Mary Jeorg
Kanza Coop
SJN Bank of Kansas
Harold and Irene Hornbaker
Mid Kansas Ag
Stone Sand Co., Inc.