KNSA's Moving & Shaking

NEWS FLASH

KNSA has applied for a Congressionally Directed Spending Grant for Transportation, Housing and Urban Development. This money is directly available to our Senators Blumenthal and Murphy to be awarded to state non-profits in the above designated areas. KNSA has applied for gap funding – (the money needed to meet the cost of building and still sell to income qualified buyers at a price they can afford) to build on the three properties they own. The one room schoolhouse on Clarks Falls Road will be rehabbed into a 3-bedroom home and the two properties on 26e Main Street will each be the site of a 3- bedroom affordable home. KNSA has done the legal and predevelopment work to make these sites ‘shovel ready’ for building. This work is not readily evident; gaining legal status as a building lot, surveying and subdividing (26e Main Street) and removing the deed restriction which prohibited its conversion into housing (119 Clarks Falls Road). Success in this three-year lengthy process qualifies us for this funding opportunity. The grants are to be awarded in October. Thank you all who have supported KNSA. You made it possible for us to do the work necessary to make these properties ready for building. We look forward to announcing a favorable outcome of our CDS funding request to make them homes!