Missouri Laws 215.038 – Projects eligible for assistance
The following are projects eligible for assistance under sections 215.034 to 215.039:
(1) Limited equity cooperatives in multifamily units, which shall be considered rental housing, and the monthly cooperative fee shall be considered the rental rate, or detached units, in urban, rural, or suburban areas;
Terms Used In Missouri Laws 215.038
- following: when used by way of reference to any section of the statutes, mean the section next preceding or next following that in which the reference is made, unless some other section is expressly designated in the reference. See Missouri Laws 1.020
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
(2) Rent subsidies for newly constructed units or rehabilitated multifamily units otherwise assisted under this act*;
(3) Rent subsidies for existing units which are not in violation of municipal or county housing codes;
(4) Capacity building grants for not-for-profit housing corporations, as defined in subsection 4 of section 215.036, where the recipient serves a rural area and has been involved in housing construction, rehabilitation or services of the nature described in section 215.036 for less than four years;
(5) Matching funds for social services directly related to special needs tenants in assisted projects;
(6) Infrastructure improvement for eligible projects;
(7) New construction of permanent rental housing;
(8) Rehabilitation of vacant rental houses, or vacant multifamily units;
(9) New construction or rehabilitation of single-room occupancy units;
(10) New construction or rehabilitation of single-family housing;
(11) Shelters and related services for the homeless;
(12) Emergency aid such as temporary rental and mortgage payment and repairs to prevent homelessness;
(13) Provisions for rental housing for elderly and low-income residents of rural areas of Missouri by the Farmers Home Administration, or its successor agency;
(14) Mortgage insurance guarantees or payments for eligible projects; and
(15) Housing related services, including, but not limited to, home maintenance programs.