Partner Project
Homeownership
Hope Village is a 21-home, for-sale infill development planned for the 3200 blocks of Chestnut Avenue and Montgall Avenue in Kansas City, Missouri. The initiative is led through a public-private partnership between Hope Center, as Owner, and Sankofa EDG, LLC, as Developer, with approximately $1.9 million in capital support from the City of Kansas City, Missouri (CCED).
It is designed to convert vacant residential land into complete blocks of quality, owner-occupied housing while creating a structured pathway to sustainable homeownership. Hope Village pairs new construction with education, counseling, mortgage preparation, down payment resources and post-purchase support — the goal is not simply to sell a house, but to prepare each buyer to understand the responsibilities and opportunities of ownership.
Project highlights:
"Public dollars should produce a durable public benefit — quality homes, prepared homeowners, immediate neighborhood improvement and long-term household equity."
— Hope Village Program Overview, July 2026Hope Village is planned as a block-scale neighborhood investment. Concentrating the homes along Chestnut and Montgall creates a visible, cohesive transformation, strengthens the residential fabric and provides momentum for continued reinvestment in the North Oak Park area.
Each home is a right-sized, modern design for everyday living across three functional levels:
Final specifications, materials, colors and dimensions remain subject to approved construction documents, procurement and field conditions.
Hope Village is built on the belief that a prepared buyer is central to a successful development. Each applicant is connected to the education, counseling, lending and sales resources that fit their readiness and program eligibility.
Buyer selection will be administered in accordance with applicable fair housing, lending, program and funding requirements.
For planning purposes, the development team is using an estimated home value and purchase price of approximately $300,000. The ideal outcome combines eligible buyer assistance of up to about $50,000, producing a final mortgage near $250,000. The actual structure will vary by buyer and may include a different mix of mortgage proceeds, assistance, closing-cost support and buyer funds.
| Illustrative source | Planning amount | Purpose |
|---|---|---|
| First mortgage | Approx. $250,000 (estimated) | Long-term acquisition financing, subject to underwriting. |
| Down payment resources | Up to approx. $50,000 | May include KC Home 1st, Bell Bank or other qualified resources. |
| Closing-cost support | Up to $5,000 through KC Home 1st | Need-based grant that may reduce cash required at closing. |
The $50,000 figure is an ideal layering objective, not a guarantee. Each buyer's assistance depends on eligibility, underwriting, funding availability and program rules.
Hope Village can provide a pipeline of newly constructed homes for qualified City of Kansas City employees using the KC Home 1st Down Payment Assistance Program. Core eligibility includes full-time City employment for at least two years, good standing, no homeownership within the preceding three years, completion of required HUD-certified education and counseling, and a minimum credit score of 670 (subject to stated counseling exceptions).
| Household income | Available City assistance | Terms |
|---|---|---|
| At or below 80% AMI | Up to $30,000 | 20-year, 0% loan |
| Above 80% through 100% AMI | Up to $20,000 | 15-year, 0% loan |
| Above 100% through 120% AMI | Up to $10,000 | 10-year, 0% loan |
| Need-based | Up to $5,000 | Closing-cost grant |
For current KC Home 1st requirements and official determinations, contact kchome1st@kcmo.org.
Construction is phased so buyer preparation and home delivery can run continuously. Each home is expected to take approximately six months from start to completion.
| Phase | Homes | Start | Est. completion |
|---|---|---|---|
| 1 | Home 1 | Aug. 24, 2026 | Feb. 2027 |
| 2 | Homes 2–3 | Sept. 21, 2026 | Mar. 2027 |
| 3 | Homes 4–8 | Mar. 8, 2027 | Sept. 2027 |
| 4 | Homes 9–12 | Aug. 5, 2027 | Feb. 2028 |
| 5 | Homes 13–17 | Mar. 2028 | Sept. 2028 |
| 6 | Homes 18–21 | Aug. 2028 | Feb. 2029 |
Schedule is subject to normal development and construction risks.
Each partner supports a distinct part of the homeownership ecosystem.
The full details are in the Hope Village Program Overview (PDF).
Partner Organization
Hope Center — hopecenterkc.org
White + charcoal + wood
Cool blue + light masonry
Sage + natural wood
High-contrast white + charcoal
Renderings are illustrative. Final specifications, materials and colors are subject to approved construction documents.
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