At a time when affordable housing is scarce, the city of Wichita hopes that the sale of homes once used for public housing will provide more options for prospective homeowners. Over the past week, the city offered open houses for the first 13 homes it is selling after receiving permission from the federal government. The city announced in 2022 that it would split up its 352 single-family public housing units into several groups and sell them. The units come at a time when buyers face a tight market. A report by the Wichita State Center for Real Estate found that sales of houses are down, but prices will continue to rise. The report found that a lack of available housing is the main factor behind these issues. It’s hoped that the sale of the units would “add back to the housing stock for homeowners,” Megan Lovely, the communications manager for the City of Wichita, said in an email.
Source: KSN
