2002-01-15b Media Release - Commission expected to make affordable housing funding decisions Friday

Last update: 02/01/2008

Media Advisory – Jan. 15 2002
Release No. 01-2002

Commission expected to make affordable housing funding decisions Friday

KANSAS CITY – The Missouri Housing Development Commission is scheduled to review staff recommendations for proposed affordable housing developments during its Jan. 18 meeting in Kansas City.

MHDC administers rental housing production programs including the federal and state low income housing tax credits. Funds for rental production programs also consist of MHDC fund balances and federal "HOME" funds. At least 10 percent of HOME funds are set aside for Community Housing Development Organizations (CHDO).

Staff has been reviewing 129 recommendations submitted in October 2001 proposing developments in the following cities (numbers indicate multiple proposals for those locations):

Bernie

Bolivar

Boonville

Branson (3)

Cameron

Carthage (2)

Chaffee

Chillicothe (5)

Concordia

Cuba (3)

Desloge

Dexter

Dixon (2)

Doniphan

Eldon

Ellsinore

Excelsior Springs

Farmington (2)

Ferguson

Florrisant

Fulton

Hillsboro

Independence (2)

Jackson

Jefferson City (4)

Joplin (3)

Kansas City (15)

Kimberling City

Lebanon (2)

Marble Hill

Marshfield (2)

Maryville

Moberly (2)

Monett

Montgomery City

Neosho (2)

Nevada

Oak Grove

Owensville (2)

Pacific (2)

Park Hills

Pattonsburg

Perryville

Piedmont

Pilot Knob

Poplar Bluff

Portageville

Potosi

Raytown

Republic

Richland

Richmond (3)

Rolla

Sedalia

Sikeston

Springfield (2)

St. Charles

St. James

St. Joseph (2)

St. Louis (17)

St. Louis County

Ste. Genevieve

Trenton (2)

Troy

Warrensburg

Webb City

Wentzville

West Plains

Weston

Willard

Winona

Staff categorizes the proposals in the following manner for consideration by the Commission:

Recommend Funding – those to receive 2002 funding upon approval of the Commission;

· Would Have recommended Funding – a prioritized list of developments that would have received funding if further funding was available;

· Fundable – developments that met all the criteria for funding

· Not Recommended – developments that would not receive funding and did not meet all criteria

The results of the meeting will be published on the MHDC web site late Friday afternoon. Media representatives who want to discuss the results with MHDC should contact Brandon Laster, Public Information Officer, prior to the Commission meeting to schedule a follow-up call. A formatted text document will be available for e-mail upon request.

Questions can be directed to Brandon Laster at 816.759.6692 or e-mail blaster@gmail.com . For general information: .