Home Site Search Contact Us Site Map
Missouri Housing Development Commission  

 

 

About MHDC
Rental Production
Housing Trust Fund
Asset Management
Homeownership
Lender Resources
Realtors
More Programs
Media Releases

 

 

Notice of Funding Availability
 

MHDC & HOME Rental Housing Production Programs
 

Federal & State Low Income Housing Tax Credits (9% Credits)

 

The Missouri Housing Development Commission (MHDC) hereby notifies interested parties of the availability of funds for production or preservation of rental housing as follows:
 

bullet$ 6,775,000 of FY 2008 MHDC Fund Balances
bullet$ 9,500,000 of FY 2008 HOME Funds
bullet$ 2,223,587 of FY 2008 HOME Community Housing Development Organization (CHDO) funds
bullet$ 3,000,000 of FY 2008 HOME for Tax Exempt Bond Subordinate Financing
bullet$11,300,000 (approximately) of Federal Low Income Housing Tax Credits
bullet$11,300,000 (approximately) of State Low Income Housing Tax Credits


The funding is available to interested applicants who will rehabilitate or construct new rental housing units for low and moderate income families and individuals in the State of Missouri.


Deadline:  October 1, 2007
 

bulletApplications for funding will be accepted by MHDC until 4:30 p.m. CDT on October 1, 2007. Decisions regarding proposed developments will be made during the month of December 2007.


Documents:

 

bullet Qualified Allocation Plan
bullet Application Forms and Checklist
bullet Developer's Guide

 

To request a diskette or printed copy, please contact Gladys Cardona at 816-759-6670.
 

A separate application must be submitted to request funds from the Housing Trust Funds or tax credits from the Affordable Housing Assistance Program as part of the financing package of a proposed development.


All proposals must be prepared using the application form dated August 2007 and must be submitted to:


Missouri Housing Development Commission
3435 Broadway
Kansas City, Missouri 64111

 

 

 

 

 

 

 

 

 

2008 |- Privacy Statement -|- Content Disclaimer -| Missouri Housing Development Commission