Marlborough School Redevelopment

About the project


Marlborough Community Land Trust was founded by the Marlborough Community Coalition in 2019 after a decade of work to create more equitable housing conditions in the area. MCLT's mission is to acquire and develop real estate in the Marlborough neighborhood to provide safe, decent, and affordable housing. MCLT uses the community land trust model of home ownerhsip and aims to meet the needs of residents least served by the prevailing market.

MCLT is located in the Marlborough neighborhood of South Kansas City, MO.

LISC provided $481,315 in financing to support predevelopment and critical construction repairs for the redevelopment of Marlborough School which has been vacant since 2007. MCLT has conducted neighborhood visioning and feedback sessions to determine the future uses of the building. Potential tenants include grocers, caterers, laborers, nonprofits, and artists. Later phases of the project will build 30 housing units on currently vacant land adjacent to the school building.

More LISC Lending's Project Profiles

Sponsor:

Marlborough Community Land Trust

Location:

Kansas City, MO

Total Investment:

$481,315

Results:

30 units
44,906 sq. ft. commercial space

Project Category:

Affordable Housing
Employment Generation

Product:

Construction loan

Website:

kcclt.org

UN SDGs: