Community investment program could help revive historic northeast KC
$10 per month to be property owner
KSHB
and last updated 2020-12-24 00:10:55-05
KANSAS CITY, Mo. â The Community Investment Trust (CIT) is a way for people to become property owners without breaking the bank.
For as little as $10 a month, people who live in Kansas City s Historic Northeast neighborhood could be a part of this program.
They can put a minimum of $10 and up to $100 per month into a piece of property bought by a group of impact investors who can pay for the building upfront.
Over time, the community investors will own the property once the total cost of the property is accounted for and investors will be able to grow their wealth and even get dividends.