Community Builders of Kansas City was recently awarded Missouri Housing Development Commission low-income housing tax credits (LIHTC) for a substantial $8.8 million renovation of its Twin Elms retirement community. Located at 41st Street and The Paseo, Twin Elms Senior Housing Complex fills an overwhelming need for affordable senior housing in Kansas City’s urban core. The 54-unit development has been recognized for its art deco design and amenities such as controlled access to the building, onsite laundry, off-street parking, community space and exercise room.
“As a senior community, Twin Elms has a homey feel with residents often socializing together in the common areas,” said Shannon Hesterberg, CBKC chief operations and real estate officer. “And being located in the Ivanhoe Southwest neighborhood with close proximity to the Nelson-Atkins Art Museum, Country Club Plaza and downtown Kansas City while also being affordable make it a high-demand property.”
Renovation to the 20-year-old property includes exterior improvements such as a new roof, stucco priming and painting, new landscaping, fencing and irrigation system and sidewalk repairs. Inside upgrades include new HVAC, flooring, kitchen and bathroom cabinetry, countertops, window coverings, appliance, plumbing fixtures and lighting. Construction will begin later this year.
The on-site amenities will be updated as well. Improvements comprise a renovated primary community room with kitchenette, office space with computer stations, smaller community room with TV area and billiards, fitness room and small library.
In keeping with MHDC’s five key service parameters, Horizon Housing Foundation will be the primary service coordinator for all residents at the property. Horizon’s planned services include community social events, healthy luncheons, balance and fitness classes, financial literacy, employment support and utility and rent assistance resources. In addition, residents will have access to a monthly mobile food pantry, nutrition and healthy cooking classes and an annual wellness assessment.
Leasing and management of the property will be handled by EastPointe Realty, CBKC’s real estate management company. Twin Elms will continue to serve renters with very low income to those with up to 60 percent median area household income.
“This is a desirable senior housing complex so I suggest that anyone who may be interested in a unit join the waiting list by calling (816) 923-1455,” said Hesterberg.