Hedge Lane Apartments will be a 144-unit garden style apartment community in Shawnee, Kansas, in the heart of Johnson County.  We will offer a combination of one, two and three-bedroom apartments.  Residents will enjoy in unit laundry, all modern appliances, Class A finishes and a swimming pool with clubhouse.  This project is funded with 4% low-income housing tax credits, tax-exempt bonds and a $1 million long term loan from Johnson County, KS.

The target market is working-class residents in a fast growing industrial corridor along K-7 whose household incomes are at or below 60% AMI. We  anticipate roughly 270-300 people will benefit based on unit mix.

• 42 one bedrooms at $905/month
• 80 two bedrooms at $1,084/month
• 22 three bedrooms at $1,200/month

According to the Johnson County Housing Study in Shawnee:

• over 50% of renters pay >30% of their income in rent
• between 2009-2019 roughly 31% of new units were multi-family units with 0% being affordable family housing
• about 331 rental units will need to be produced @ < $1,000 rent per month by 2025 When considering 2% inflation 122 units or 37% of demand will be achieved by this project.

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