Housing
The above image shows the current housing condition of the neighborhood about the Englewood Arts District
Housing
Englewood offers great opportunities that would provide permanent affordable housing and a diverse inclusive neighborhood with lots of amenities including close proximity to the Independence Square and downtown Kansas City.
Here’s a report sharing the early history of the neighborhood.
Opportunity Zone
The Englewood Arts District is located in a federal Opportunity Zone. An Opportunity Zone is a designation given to a low-income area that allows for certain investments, including real estate and property, to have tax advantages.
Community Reinvestment Act (CRA) Mortgages
The Community Reinvestment Act requires the Federal Reserve and other banking regulators to encourage local banking and financial institutions to help meet the credit needs of people in their communities.
Banks serving the Englewood and Independence area have qualified mortgage programs for people with low/poor credit or from low-to-moderate income backgrounds.
Englewood Arts partners with banks, lenders, and real estate agents educated in CRA mortgages.