 | $10,000,000 in credits for qualifying Production Applications |
| $1,000,000 in credits for qualifying Operating Assistance Applications |
Deadline:
> Operating Assistance Application:
| Applicants who wish to receive a reservation for Operating Assistance credits must have applications received by MHDC prior to the established deadline for each round. There are two rounds to receive Operating Assistance credits. |
| The deadline for the first round is 5:00 p.m. CDT on August 1, 2007. |
| The deadline for the second round is 5:00 p.m. CDT on January 15, 2008. |
| Any applications received after the deadline for any reason will be rejected and returned to the sender. The Commission staff reserves the right to make all decisions for reservations granted, subject to the availability of tax credits and demonstrated need. |
> Production Application:
| Applicants who wish to receive a reservation for Production credits are able to submit applications any time of the year through April 30, 2008. The Commission staff reserves the right to make all decisions for granting reservations, subject to the availability of tax credits and demonstrated need. |
Requirements:
| Persons assisted by the Affordable Housing Assistance Program must have incomes at or below 50% of the median income for the geographic area adjusted for family size. |
| All non-profit community based organizations must reflect an ability to leverage funds from other sources other than funding that MHDC may allocate. |
| All donors must meet the business eligibility requirements as indicated on the Tax Credit Certification form. |
| All requesting organizations must be authorized to receive credit based on the guiding statute. |
| All proposals must be prepared using the current year application form. |
| Any additional requirements are detailed within the
AHAP Program
Guide. |
Additional Considerations:
| Deadlines for receipt of donations and processing of documentation are detailed in the AHAP Program Guide. |
| Restrictions shall be recorded in the form of a Land Use Restriction Agreement on the development properties for any approved Production application. |
| Additional considerations are detailed within the
AHAP Program Guide. |
Additional Information:
| See also the Affordable Housing Assistance Program
main page. |
Contact Information:
| For questions, contact: Jane Anderson, Affordable Housing Credit Administrator, Phone - (816) 759-6662;  |
| Please send all applications to: Missouri Housing Development Commission 3435 Broadway Kansas City, MO 64111 |
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