Last update: 02/01/2008
| Release No:. 2002-28 Date: August 18, 2002 Contact: Brandon Laster, 816-759-6692 |
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Funding available for housing assistance for low-income families The Missouri Housing Development Commission has announced the availability of $4.5 million for agencies and organizations providing housing assistance for low-income families in Missouri in 2003. Trust Fund monies must be used to financially assist the development of housing and provide housing assistance to very low-income individuals and families. All persons assisted by the MHTF must have income at or below, 50 percent of the median family income for the geographic area. Half of the MHTF must be used to assist individuals or families with income at or below 25 percent of the median family income for the geographic area. The MHTF is designed to increase affordable housing opportunities for low-income families. Eligible MHTF activities range from homeless programs to homeownership assistance, including homeless shelters, rental assistance programs, and development of new or rehabilitated rental and single family housing that are funded through grants or loans. The process of granting or loaning funds to housing providers across the state is accomplished by the comparison of competing applications and selection is based on need, location, targeted population served, funds leveraged, coordination with the community and experience of the providers. In January 2002, the Commission approved 86 grants totaling $4.5 million in funding for agencies and organizations providing housing assistance for low-income families from 137 applications. The Commission will accept applications until 4:00 p.m., Central Daylight Time, on October 29, 2002 in their Kansas City office at 3435 Broadway, Kansas City, MO 64111. Decisions regarding proposals will be made during the month of January 2003. The 2002 Application Packet is available on the MHDC Web site at http://www.mhdc.com . These documents are also available on a computer diskette. To request a diskette or printed copy of the Application Packet, please contact Mary Cason at (816) 759-7236.
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