Overland Property Group, Leawood, plans to redevelop the former Washington Elementary School, 305 Main, and construct income-qualified housing.
As part of the process to apply for federal tax credits through the Kansas Housing Resources Corp., the must request a Resolution of Support from the local governing body.
City Manager Toby Dougherty told city commissioners during their Thursday night work session “this is something that has been done previously by commissions for all the StonePost developments either planned, or the ones that were pursued but not constructed.” StonePost Lofts would consist of up to 20 units with 1, 2 and 3 bedrooms targeting families between 30 to 80% of the Ellis County area median income.
Commissioners will vote on the resolution during their Feb. 28 meeting.
(Read more: Hays Post)