215.038. Projects eligible for assistance.

283 words·~1 min read·/mo/chapter-215/215-038

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

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;

(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.

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(L. 1994 H.B. 1745 § 215.036 subsec. 8)

*"This act" (H.B. 1745, 1994) contained numerous sections. Consult Disposition of Sections table for a definitive listing.