HB 802 -- NEIGHBORHOOD ASSISTANCE ACT (Tracy)

COMMITTEE OF ORIGIN:  Committee on Ways and Means

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.

FISCAL NOTE:  No impact on state funds in FY 2010, FY 2011, and
FY 2012.

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