Section 538 loans in Kansas
USDA's public file lists 23 Section 538 guaranteed loans in Kansas, $60,351,621 in all, financing 1,106 apartments. 17 of them also used housing tax credits. The median loan covered 27% of total development cost.
Lenders on these loans
- BONNEVILLE MORTGAGE COMPANY, LLC14
- CHURCHILL MORTGAGE INVESTMENT LLC2
- LUMENT REAL ESTATE CAPITAL, LLC2
- BANK OF OKLAHOMA, N.A.2
- BELLWETHER ENTERPRISE REAL ESTATE1
- LYONS FEDERAL BANK1
- PNC BANK, N.A.1
Lender names as USDA records them. Open Country is not affiliated with any lender listed.
| Project | Closed | Loan | Loan to cost | Units | 1BR / 2BR / 3BR rent |
|---|---|---|---|---|---|
| Emerald Apartments Liberal · Rehab/Repair · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2026 | $4,990,000 | 35% | 110 | $850 / $925 / $975 |
| Hunters Glen Apartments Ph I Garden City · New Construction · BONNEVILLE MORTGAGE COMPANY, LLC | 2026 | $13,994,832 | 71% | 86 | - / $1,560 / $1,775 |
| Park Place Senior Village Ottawa · Rehab/Repair · LIHTC · BONNEVILLE MORTGAGE COMPANY, LLC | 2025 | $1,400,000 | 19% | 48 | $850 / - / - |
| Hunters Glen Phase Iiib Garden City · New Construction · BONNEVILLE MORTGAGE COMPANY, LLC | 2024 | $9,153,461 | 62% | 68 | - / $1,523 / $1,688 |
| Hunters Glen Phase Iiia Garden City · New Construction · BONNEVILLE MORTGAGE COMPANY, LLC | 2024 | $5,713,165 | 51% | 44 | - / $1,480 / $1,630 |
| Great Bend High Rise Great Bend · Rehab/Repair · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2023 | $1,200,000 | 7% | 81 | $613 / $815 / - |
| Gardenwalk Of Independence Independence · Rehab/Repair · LIHTC · BONNEVILLE MORTGAGE COMPANY, LLC | 2023 | $1,600,000 | 18% | 72 | $550 / $660 / $705 |
| Prairiebrooke Townhomes Gardner · New Construction · LIHTC · BONNEVILLE MORTGAGE COMPANY, LLC | 2022 | $5,575,157 | 35% | 76 | - / $936 / $1,074 |
| Westridge Apartments Lakin · Rehab/Repair · BONNEVILLE MORTGAGE COMPANY, LLC | 2022 | $1,032,452 | 70% | 17 | $660 / $788 / $885 |
| Wea Creek Louisburg · New Construction · LIHTC · BONNEVILLE MORTGAGE COMPANY, LLC | 2022 | $1,822,045 | 33% | 48 | $490 / $570 / - |
| Schoolyard Townhomes Tonganoxie · New Construction · BONNEVILLE MORTGAGE COMPANY, LLC | 2022 | $1,423,823 | 21% | 32 | - / $665 / $730 |
| Homestead Sr.residences Mulvan Mulvane · New Construction · LIHTC · BONNEVILLE MORTGAGE COMPANY, LLC | 2022 | $675,000 | 14% | 24 | $290 / $360 / - |
| Pinecrest Senior Village Eudora · Rehab/Repair · LIHTC · BONNEVILLE MORTGAGE COMPANY, LLC | 2021 | $2,000,000 | 25% | 60 | $513 / - / - |
| Pemberton Village Hiawatha · Rehab/Repair · LIHTC · BONNEVILLE MORTGAGE COMPANY, LLC | 2018 | $906,500 | 20% | 48 | $425 / $450 / - |
| Valley Springs Senior II De Soto · New Construction · LIHTC · BONNEVILLE MORTGAGE COMPANY, LLC | 2015 | $1,115,386 | 27% | 28 | - / $627 / - |
| Apple Glen Apartments Columbus · Rehab/Repair · LIHTC · BELLWETHER ENTERPRISE REAL ESTATE | 2014 | $500,000 | 20% | 24 | $425 / $500 / $570 |
| Coffeyville Gardens Coffeyville · Rehab/Repair · LIHTC · BONNEVILLE MORTGAGE COMPANY, LLC | 2012 | $945,000 | 42% | 60 | $375 / $435 / $485 |
| Homestead Senior Residences Wamego · New Construction · LIHTC · LUMENT REAL ESTATE CAPITAL, LLC | 2011 | $888,800 | 17% | 32 | $278 / $278 / - |
| Garden Walk Of Newton Newton · Rehab/Repair · LIHTC · BANK OF OKLAHOMA, N.A. | 2009 | $470,000 | 22% | 20 | $550 / $550 / $550 |
| Santa Fe Apartments Atchison · Rehab/Repair · LIHTC · LUMENT REAL ESTATE CAPITAL, LLC | 2009 | $1,700,000 | 50% | 46 | $545 / - / - |
| Oakview Townhomes Greensburg · New Construction · LYONS FEDERAL BANK | 2009 | $1,096,000 | 58% | 16 | - / $631 / $731 |
| Pine Manor Apartments Ottawa · Rehab/Repair · LIHTC · BANK OF OKLAHOMA, N.A. | 2008 | $700,000 | 27% | 30 | - / $644 / $707 |
| Bonner Highlands Apartments Bonner Springs · New Construction · LIHTC · PNC BANK, N.A. | 2005 | $1,450,000 | 40% | 36 | $467 / $525 / $595 |