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Tax credits for apartment complex OKed

Shown is a conceptual drawing of what the Reserves at Trail Ridge apartment complex on Grant Street will look like. The state approved tax credits for the project and construction of Phase 1 will likely begin in September.

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The Great Bend City Council heard some good news on the housing development front Monday night.
Great Bend Chamber of Commerce President Jan Peters shared an email she received earlier in the day from Matt Gillam, vice president of development for Leawood-based Overland Property Group. The developer’s 48-unit apartment complex known as the Reserves at Trail Ridge had been awarded tax credits by Kansas Housing Resources Corporation.
The $7-8 million complex will be located on the west side of Grant Street across from Wal-Mart. The apartments are considered income-qualified housing.
“We are currently working with our financing partners, architect ...

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