2002-06-25 Media Release - Special Ceremony Celebrates Homeownership Month

Last update: 02/01/2008

Release No:. 2002-15 Date: June 25, 2002 Contact: Brandon Laster, 816-759-6692
Special Ceremony Celebrates Homeownership Month Lt. Gov. Joe Maxwell will officiate at a ceremony honoring June as Homeownership Month in Missouri at 2 p.m., June 27 in Sedalia. The special ceremony will be held at 3229 Cunningham Drive in the Sparkling Acres subdivision off 32nd Street (west of U.S. 65). Governor Holden has issued a special proclamation designating June as Homeownership Month in Missouri. The event is designed to highlight the opportunities available to Missouri citizens to own their own house. The Sparkling Acres subdivision was built through the Missouri Housing Development Commission's Rural Subdivision Infrastructure Program. The Rural Subdivision Infrastructure Program provides financing at a favorable rate of interest to for-profit and not-for-profit developers to encourage new home construction in rural areas of Missouri. The loan may be used for acquisition of land and installation of sewers, utilities and streets. Local developers Nolan and Peggy Sparks agreed to sell 51 percent of the homes in the subdivision for $91,000 or less. All homes must be priced at $125,000 or less. Developers must demonstrate financial strength and experience in development of housing communities. Other dignitaries planning to attend include Erica Dobreff, MHDC Executive Director; Macie Houston, Regional Director for the U.S. Department of Housing and Urban Development; and local dignitaries and elected officials. ### Directions: From Jefferson City: Take U.S. 50 (Broadway in Sedalia) to U.S. 65 (S. Limit). Turn left onto U.S. 65 to 32nd Street (south of State Fairgrounds). Turn right onto 32nd Street, bear right at the fork and continue past the elementary school on your left. The subdivision is the first left past the school. From Kansas City: Take U.S. 65 exit off I-70, continue south through Sedalia to 32nd Street. Turn right onto 32nd Street, bear right at the fork and continue past the elementary school on your left. The subdivision is the first left past the school.