Discover innovative solutions for affordable housing at the workshop hosted by Kingsway Development in St. Louis. Get involved with the community development movement.
St. Louis recently witnessed an enlightening series of workshops focused on housing development opportunities, bringing together community leaders, financial institutions, and housing providers. The workshops, spearheaded by Kevin Bryant, President of Kingsway Development LLC, and Tony Montgomery, highlighted innovative approaches to affordable housing.
The workshop focused on educating small developers and individuals interested in affordable housing on how to apply for much-needed capital through the Federal Home Loan Bank process. Federal Home Loan Bank of Des Moines has a proven track record of supporting affordable housing initiatives, having awarded $895 million to provide affordable housing opportunities to more than 127,000 families and individuals.
The workshops centered around the Federal Home Loan Bank (FHLB) Des Moines Competitive Affordable Housing Program (AHP). This program is a beacon for partnerships between FHLB Des Moines member financial institutions and local housing providers. It offers up to $3 million in grants per project, which can be used for the acquisition, construction, or renovation of affordable rental or owner-occupied housing. These grants are essential for housing partners who have an ownership interest in a rental project or who are significantly involved in a homeownership project.
Kevin Bryant’s leadership in hosting these workshops is noteworthy. His dedication to developing practical solutions to housing challenges is making a significant impact in the community. “Kevin Bryant is making history,” attendees remarked, highlighting his commitment to fostering sustainable housing solutions through collaborative efforts.
Tony Montgomery’s session added further value by offering detailed insights into the application procedures and strategies for successfully leveraging the AHP. His expertise and engaging delivery ensured that participants left the workshop with actionable knowledge.
A special mention goes to Melissa Jones from Enterprise Bank & Trust for her participation. Her presence underscores the importance of financial institutions in driving community-focused housing initiatives.
These workshops underscore the potential of collaborative efforts in addressing housing needs in St. Louis. By bringing together key stakeholders, such initiatives pave the way for meaningful progress in affordable housing development, ensuring a brighter future for the community. With leaders like Kevin Bryant and Tony Montgomery at the helm, St. Louis is well-positioned to tackle housing challenges head-on.
Keywords: Affordable housing, Workshop, Kingsway Development, Community development, St. Louis
#affordablehousing #communitydevelopment #StLouis
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