Missouri Funds Affordable Housing

January 22, 2002

State Housing Finance Agency Approves 41 Projects For Grants, Loans, Tax Credits


Inman News Features

The Missouri Housing Development Commission approved 41 affordable housing developments for funding during its monthly meeting in Kansas City today.

The developments were selected from a list of 129 projects proposed by private and nonprofit housing developers. The developments will receive more than $18 million in federal HOME loans and grants, almost $7 million in Missouri Housing Development Commission loans and nearly $9.8 million in Federal and state low-income housing tax credits. More than $6 million of the funding was provided to nonprofit community housing development organizations.

Funding was allocated for development or rehabilitation of 1619 units of affordable rental housing in Bernie, Carthage, Chillicothe, Concordia, Dexter, Farmington, Hillsboro, Jefferson City, Joplin, Kansas City, Marshfield, Monett, Neosho, Oak Grove, Owensville, Pattonsburg, Perryville, Rolla, Springfield, St. Joseph, St. Louis city, St. Louis county, Trenton, Troy and West Plains.

Copyright: Inman News Service


Contact ALTA at 202-296-3671 or communications@alta.org.

SoftPro, based in Raleigh, NC, offers a mature suite of products, designed specifically for the closing and title industry. Our mission is to serve our client base, with best-in-class products and services. Our products are modular so we don't force you to buy anything you don't need. You can always add on as your business grows. Unlike other software companies, we view the sale as the beginning of the relationship rather than the end. North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents. ALTA ONE Sidebar Ad - Green and Blue