KCF is a 501c3 non-profit that has the ability to purchase real estate with the intention of either selling the property with the profit placed in the fund, or retaining the property and establishing a monthly revenue stream for the fund.
The Sunset Harbor project included the purchase of 12 condominium units, 9 acres of land and 5 building lots. All the condos have been sold and four twinshomes, built with donated labor and materials, have also been sold. Two remaining twinhomes remain on the market for $297,000. All proceeds will be placed in the KCF. When completed, over 1 million dollars will be generated for KCF from this project.
KCF also accepts donations of property like cars, houses, and more. We sell the item donated to KCF and place the proceeds in the fund.
This house was donated to us by an individual that wanted the house moved so that he could build a new one on the same lot. KCF paid to have it moved, and then sold it with all proceeds going into the fund.