The agency & primary document
- Allocating agency
- Kansas Housing Resources Corporation (KHRC)
- QAP / guidelines
- https://kshousingcorp.org/qualified-allocation-plan/
- Governing document
- 2026 QAP Section V.A.6 Market Need (adopted September 29, 2025); 2027 draft QAP posted July 2026
- Methodology
- NCHMA Model Content Standards
Required market study sections
Kansas market studies follow the NCHMA Model Content Standards. The required sections are:
- Executive Summary — Concise summary of each section including data, analysis, and conclusions. 11 minimum content items including feasibility opinion, strengths/weaknesses, absorption estimate.
- Introduction and Scope of Work — Purpose, intended use, intended users, scope of work, effective date, physical inspection date.
- Project Description — Unit mix, utilities, target market, unit and community amenities, construction date. If rehab: scope of work, existing rents and vacancies.
- Location — Site description, site photos/maps, community services map, neighborhood evaluation (visibility, accessibility, crime).
- Market Area Definition — PMA description and rationale, PMA map. Extended/secondary market area if applicable.
- Employment and Economy — Employment trends, employment by sector, unemployment rates, major employers and proximity, planned expansions/reductions.
- Demographic Characteristics — Population and household estimates/projections, building permits, household characteristics (income, tenure, size). Senior/special needs: target-market data.
- Competitive Environment — Comparable profiles and photos, map of comps, vacancy and rents analysis, subject comparison, affordable housing alternatives, pipeline projects.
- Affordability Analysis, Demand Analysis, Capture Rates, and Penetration Rates — Demand estimate, affordability analysis, capture rate, penetration rate.
- Local Perspective of Rental Housing Market and Housing Alternatives — NEW in MCS 3.1 (September 2025). Local market context and housing alternatives beyond standard comparable analysis.
- Analysis / Conclusions — Absorption rate and lease-up timeline, market feasibility statement, strengths and weaknesses, key conclusions reconciling any conflicting indicators, recommendations if any.
- Other Requirements — Analyst qualifications, data sources, physical inspection date, limiting conditions, signed certification.
Kansas Housing Resources Corporation (KHRC) market study checklist → — every required item, with a link to the agency's guideline.
Key Kansas rules
- Staleness window
- "KHRC will not accept market studies older than 18 months." (2026 QAP Sec. V.A.6, p. 14)
Kansas-specific overlays
- Average Income set-aside overlay — if AI elected, study must state market can sustain rents in range of 20%–80% AMI
Required companion documents
- NCHMA Market Study Index
- NCHMA compliance confirmation in intro letter or executive summary
Build the Market Data section of your Kansas study
StudyScribe auto-fills the Market Data section — employment, unemployment, building permits, crime and amenities — from BLS, Census, HUD, FBI and Google sources, cites every figure, and exports a Word document formatted for Kansas Housing Resources Corporation (KHRC) submissions. Start free — no credit card.
Request access for your Kansas study →Frequently asked questions
Who reviews LIHTC market studies in Kansas?
Kansas Housing Resources Corporation (KHRC) sets the market study requirements and reviews submissions for Kansas Low-Income Housing Tax Credit applications.
How current must a Kansas LIHTC market study be?
"KHRC will not accept market studies older than 18 months." (2026 QAP Sec. V.A.6, p. 14)
Does Kansas follow NCHMA standards?
Kansas market studies follow the NCHMA Model Content Standards section structure — KHRC defers to NCHMA Model Content Standards Version 3 as primary methodology. Layer state-specific overlays on top..
Other states
This summary is for general reference and reflects Kansas Housing Resources Corporation (KHRC)'s published guidance as understood by StudyScribe; it is not legal or compliance advice. Always confirm requirements against the current QAP / market study guidelines before submission.