 | $7,500,000 in credits for qualifying Production Applications. |
| $2,500,000 in credits for qualifying Production Applications under the Trust Fund Set-Aside. Applicants requesting credits from this set-aside must also apply separately for an allocation of Missouri Housing Trust Fund (MHTF) monies and qualify as fundable under the MHTF NOFA. |
| $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 4:30 p.m. CDT on July 1, 2008. |
| The deadline for the second round is 4:30 p.m. CDT on January 15, 2009. |
| 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, 2009. This deadline may be extended at the sole discretion of MHDC based upon the availability of funds. The Commission staff reserves the right to make all decisions for granting reservations, subject to the availability of tax credits and demonstrated need. |
> Trust Fund Set-Aside Production Application:
| Applicants who wish to receive a reservation for Production Credits under the Trust Fund Set-Aside must have their application received by MHDC prior to 4:30 p.m. CDT on September 17, 2008. |
| All proposals submitted for Production Credits under the Trust Fund Set-Aside must also submit an application for a MHTF grant in order to be eligible for a reservation of Production Credits under the set-aside. Only projects whose MHTF applications are found to be fundable under the MHTF NOFA will qualify for credits under the Trust Fund Set-Aside. |
Requirements:
| Persons assisted by the Affordable Housing Assistance Program must have incomes at or below 50% of the median income adjusted for family size. |
| All donors must meet the business eligibility requirements as indicated on the Tax Credit Certification form. |
| All requesting organizations must be authorized to receive credits 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 Information:
| See also the Affordable Housing Assistance program
main page. |
Contact Information:
| If there are any questions please contact: Gus Metz, Affordable Housing Credit Administrator Phone - (816) 759-6878 Email – gmetz@mhdc.com |
| Please send all applications to: Missouri Housing Development Commission 3435 Broadway Kansas City, MO 64111 |
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