Summary of the Introduced Bill

HB 861 -- Land Clearance for Redevelopment Authority Bonds

Sponsor:  Ford

The bill allows the Land Clearance for Redevelopment Authority
(LCRA) and the Missouri Housing Development Commission to each
issue up to $20 million in additional bonds for approved LCRA
projects.  The additional bonds can be used for purposes
pertaining to the:

(1)  Land Clearance for Redevelopment Law;

(2)  Neighborhood Improvement District Act;

(3)  Renovation of residences in certain cities for persons of
low and moderate income;

(4)  Community Improvement District Act;

(5)  County housing bonds; and

(6)  Urban Redevelopment Corporations Law.


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Missouri House of Representatives
Last Updated September 13, 2001 at 2:04 pm