NOTICE OF FUNDING AVAILABILITY
August 25, 2011
FEDERAL & STATE LOW INCOME HOUSING TAX CREDITS
(4% CREDITS)
The Missouri Housing
Development Commission (MHDC) hereby notifies interested parties of the
availability of the following funding sources for the rehabilitation or
construction of rental housing units for low- and moderate-income families and
individuals in the state of Missouri:
 |
Federal 4% Low Income
Housing Tax Credits; and |
|
$6,000,000 State 4%
Low Income Housing Tax Credits – Subject to Legislative Action |
Applications for funding will be accepted by MHDC until 4:30 p.m. CST on Monday
November 14, 2011. Decisions regarding proposed developments will be made during
the month of February 2012. Deadlines are subject to change at the discretion of
MHDC. An approved proposal will not become eligible for the tax credit until it
applies and receives an allocation of private activity bonds from the Department
of Economic Development.
We ask all applicants with access to visit our web site at www.mhdc.com to
obtain the 2012 Qualified Allocation Plan, Developer’s Guide, and Application
Forms and Checklist. These documents are also available on CD-R. To request an
electronic or printed copy, please contact Frank Quagraine at 816-759-7210.
A separate application must be submitted to request Missouri Housing Trust Funds
or AHAP tax credits as part of the financing package of a proposed development.
All proposals must be prepared using the application form dated August 2011 and
must be submitted to:
|
Missouri Housing
Development Commission
3435 Broadway
Kansas City, Missouri 64111 |
Documents:
