HB 802 -- NEIGHBORHOOD ASSISTANCE ACT

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 of either a rental unit or an owner-occupied 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 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.

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