Strategic Plan

Grant & Funding Strategy

Master plan for securing grants, tax credits, and funding across Peterpan Corp's 18-property Kansas portfolio.

Funding Priorities by Tier

TIER 1 — Pursue Immediately

ProgramTarget PropertiesEst. Funding
KHRC CHDO + HOME FundsHerington houses, Abilene$300K–$500K
USDA Community FacilitiesAbilene daycare, Hope community bldg$200K–$2M
Federal + State Historic Tax CreditsEmporia, Hutchinson, Junction City20-25% of rehab
CDBG (via municipalities)Herington housing rehab$250K–$500K
Emporia Main Street (IWW/ROOMS)Emporia downtown building$5K–$25K

TIER 2 — High Value (More Preparation)

ProgramTarget PropertiesEst. Funding
LIHTC (9% or 4% credits)Abilene church conversion, Herington$500K–$2M+ equity
OLDCC (military community)Junction City, Ogden$100K–$1M
Kansas Children's CabinetAbilene daycare facility$50K–$250K
Heritage Trust FundHutchinson Victorian, JC church$5K–$90K

TIER 3 — Foundation / Supplemental

ProgramTarget PropertiesEst. Funding
Kansas Health FoundationCommunity health spaces$25K–$200K
Sunflower FoundationWellness/childcare facilities$10K–$200K
National Trust Preservation FundHistoric property assessments$2.5K–$5K

7 Immediate Steps

1
Obtain CHDO Certification from KHRC — unlocks set-aside HOME funds ($300K–$500K). Requires affordable housing mission, low-income board representation, and capacity demonstration.
2
Commission National Register Evaluations for Hutchinson Victorian (1894), Junction City limestone church (1942), Emporia downtown building, and Abilene former church (1916). Unlocks 20-25% Historic Tax Credits.
3
Meet with USDA Rural Development Kansas office (Topeka) — discuss Community Facilities and Section 515 programs. Herington (pop. 2,400), Hope, White City, and Abilene all qualify as rural.
4
Contact Municipalities (Herington, Abilene, Emporia, Junction City) about partnering on CDBG applications. Nonprofits apply through city government partners.
5
Engage a LIHTC Consultant — evaluate feasibility of tax credit deals for Abilene church-to-housing conversion and Herington housing portfolio. Can generate $500K–$2M+ equity.
6
Apply for Community Service Tax Credit CDO Status — enables 70% state tax credits for donors, supercharging private fundraising.
7
Register as MCCYN Provider Pathway — positions Abilene daycare for military childcare subsidies ($2,000/mo vs standard $800/mo per child).

State Programs

Kansas Housing Resources Corp (KHRC)

State Housing Finance Agency
HOME: $300K–$500K Housing Trust Fund: $200K–$600K

Nonprofits with CHDO designation receive set-aside funds (15% of state HOME allocation). Housing Trust Fund targets extremely low-income housing (30% AMI). ESG grants $25K–$100K for homelessness prevention.

Best for: Herington houses → affordable rentals, Abilene church → housing units, Ogden/JC military housing. Deadline: Annual NOFA in spring (Mar–May).

Kansas Children's Cabinet & Trust Fund

State Agency — Early Childhood
$10K–$250K

Funds early childhood programs, childcare infrastructure, and family support for ages 0–5. The Abilene 17,768 sqft former daycare is a strong candidate — addresses Kansas childcare desert in rural counties.

Best for: Abilene Campus childcare center. Deadline: Typically spring applications.

Kansas Health Foundation

Private Foundation — Wichita
$25K–$500K+

Funds health equity, healthy communities, civic health. "Healthy Communities" initiative aligns with community development in underserved rural areas like Herington and Hope. Rolling; invitation-based for larger grants.

Best for: Community wellness spaces, childcare (social determinants of health), affordable housing as health infrastructure.

Federal Grants & Tax Credits

USDA Rural Development

USDA Kansas State Office — Topeka
Community Facilities: $50K–$2M+ Sec 515 Rental: $100K–$1M+

High-poverty areas like Herington qualify for up to 75% grant funding. Community Facilities program funds essential community facilities. Section 515 provides below-market loans for affordable rental housing. Applications accepted on rolling basis.

Best for: Hope community building, Abilene daycare, Herington commercial-to-community conversions. All qualifying rural communities (pop. under 20K).

HUD CDBG (Small Cities)

Kansas Dept of Commerce administers
$250K–$500K

Kansas receives ~$12–15M annually. Activities must benefit low/moderate-income persons (51%+). Nonprofits partner with municipalities to apply. Categories: housing rehab, public facilities, economic development.

Best for: Herington housing rehabilitation (12 properties), Hope community building, Emporia downtown. Deadline: Late spring/early summer annually.

Historic Tax Credits (Federal + State)

National Park Service + Kansas Historical Society
Federal: 20% of rehab costs Kansas: 25% of rehab costs

For properties on or eligible for the National Register. Combined 45% back on qualified rehabilitation. Nonprofits syndicate credits to investors for cash equity. Applications rolling — Part 1/2 before construction, Part 3 after.

Best for: Emporia downtown (historic district), Hutchinson Victorian (1894), Junction City limestone church (1942), Abilene former church (1916).

Low-Income Housing Tax Credits (LIHTC)

KHRC allocates federal credits
$500K–$2M+ equity

Potentially the largest funding source. 9% credits generate ~70% of development costs as equity. Rural projects, historic properties, and nonprofits score competitively. Can combine with Historic Tax Credits for dual-credit deals. Requires experienced LIHTC development partner.

Best for: Abilene church → affordable apartments (adaptive reuse), Herington houses as rental portfolio. Deadline: 1-2 rounds/year, typically spring.

Military & Preservation Programs

OLDCC (Dept of Defense)

Office of Local Defense Community Cooperation
$100K–$5M+

Community infrastructure supporting military installations. Geary County (Junction City) and Riley County (Manhattan, Ogden) qualify as Fort Riley-adjacent. Partner with local governments or Flint Hills Regional Council to apply.

Best for: Junction City church → veteran center, Ogden housing, Manhattan workforce housing for military families.

MCCYN Military Childcare

DoD / Child Care Aware of America
$2,000/mo per child (vs $800 standard)

Fee assistance for military families using civilian childcare. Becoming MCCYN-eligible guarantees premium revenue stream. Strengthens business case for childcare facility grants from other sources.

Best for: Abilene Campus childcare center serving Fort Riley families. 150+ child capacity = potential $1.5M–$2M annual revenue.

Kansas Heritage Trust Fund

Kansas Historical Society / SHPO
$5K–$90K (50% match)

Matching grants for National Register-listed properties. Also CLG grants ($5K–$25K) through certified local governments. Heritage Trust Fund applications typically due in October.

Best for: Initial preservation work on Hutchinson Victorian, Junction City church, Emporia downtown facade.

Community Development & Foundations

Emporia Main Street Programs

Emporia Main Street / Kansas Dept of Commerce
IWW: $500–$5K ROOMS: $5K–$25K State Main Street: $5K–$50K

IWW (facade improvements), ROOMS (upper-floor housing), and state matching grants for downtown buildings in Main Street districts.

Best for: Emporia 511 Commercial St — facade restoration, upper-floor housing development, commercial space rehab.

Sunflower Foundation

Topeka — formerly BCBS of Kansas Foundation
$10K–$200K+

Focuses on health and wellness in Kansas. HEAL grants, capacity-building, community health initiatives. Frame affordable housing and childcare as social determinants of health.

Best for: Abilene daycare conversion, Hope community building wellness programs, Herington community health infrastructure.

Community Service Tax Credit (CDO)

Kansas Dept of Commerce
70% tax credit for donors

Becoming an approved Community Development Organization (CDO) allows donors to receive 70% state tax credits on contributions. Dramatically enhances private fundraising capability.

Best for: All properties — enables private capital raising for the entire portfolio.

Total Potential Funding

$2M – $8M+

Combined grants, tax credits, and low-interest financing across all tiers. LIHTC deals alone can generate $500K–$2M+ in equity for affordable housing conversion projects.