Kansas City’s Parade Park Homes sold with redevelopment plans ahead

Kansas City completes foreclosure sale for Parade Park, setting $275 million redevelopment in motion

Mayor Quinton Lucas celebrated Kansas City's purchase on Monday as his administration sets out to create over 1,000 units of affordable housing

Kansas City’s Parade Park Homes sold with redevelopment plans ahead

KANSAS CITY, Mo. -- One of the nation's oldest Black-owned housing cooperatives sold via foreclosure sale Monday with plans for a $275 million redevelopment project. The U.S. Department of Housing and Urban Development acquired Kansas City's historic Parade Park Homes community after bidding nearly $12 million, according to the Kansas City Business Journal. No one else submitted a bid. Do you earn enough to ‘live comfortably’ in Kansas Ci…