215.038. Projects eligible for assistance. - Missouri Statutes

Projects eligible for assistance.

215.038. The following are projects eligible for assistance undersections 215.034 to 215.039:

(1) Limited equity cooperatives in multifamily units, which shall beconsidered rental housing, and the monthly cooperative fee shall be consideredthe rental rate, or detached units, in urban, rural, or suburban areas;

(2) Rent subsidies for newly constructed units or rehabilitatedmultifamily units otherwise assisted under this act*;

(3) Rent subsidies for existing units which are not in violation ofmunicipal or county housing codes;

(4) Capacity building grants for not-for-profit housing corporations, asdefined in subsection 4 of section 215.036, where the recipient serves a ruralarea and has been involved in housing construction, rehabilitation or servicesof the nature described in section 215.036 for less than four years;

(5) Matching funds for social services directly related to special needstenants 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 andrepairs to prevent homelessness;

(13) Provisions for rental housing for elderly and low-income residentsof rural areas of Missouri by the Farmers Home Administration, or itssuccessor agency;

(14) Mortgage insurance guarantees or payments for eligible projects;and

(15) Housing related services, including, but not limited to, homemaintenance programs.

(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.