Summary of the Introduced Bill

HB 802 -- Neighborhood Assistance Act

Sponsor:  Tracy

Currently, a person or family is considered eligible to qualify
for assistance from the Missouri Housing Development Commission
under the Neighborhood Assistance Act for an affordable housing
unit if the household's combined, adjusted gross income is equal
to or less than the specified percentages of the median family
income for the geographic area in which the residential unit is
located or the median family income for the state, whichever is
greater.  This applies to rental units and owner-occupied units.
This bill increases the income threshold for an owner-occupier of
an affordable housing unit so that it is double the threshold
required for a rental unit.

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Missouri House of Representatives
95th General Assembly, 1st Regular Session
Last Updated November 17, 2009 at 9:25 am