Housing Authorities in Missouri

State of Housing in MissouriMissouri recently received a total of $238 million from HUD to help the state recover from severe storms and a devastating tornado in 2011. These grants, part of $514 million allocated among nine states nationwide, are provided through HUD’s Community Development Block Grant (CDBG) Program to support long-term disaster recovery efforts in areas with the greatest extent of “unmet need.”

Housing Programs

Rent subsidy

The Section 202 Supportive Housing for the Elderly program provides low-income elderly within 80% of median income with options that allow them to live independently but in an environment that provides support activities such as cleaning, cooking, or transportation. The program may benefit anylow-income resident age 62 years or older.

Supportive Housing for Persons With Disabilities

Eligibility:18 yrs. of age or older, very low-income, has a disability per Social Security definition.

The Section 811 Housing for Persons with Disabilities program provides low-income disabled persons with optionsState of Housing in Missouri that allow themto live independently but in an environment that may provide a range of support services. These supports may consist of coordination of services, staffing and training in independent living.In addition, Section 811 provides capital advances to not-for-profit entities to build and/or rehabilitate community housing for persons with disabilities. This includes financing property acquisition, site improvement, conversion, demolition, relocation, and other expenses associated with supportive housing for persons with disabilities.

To be eligible for funding under Section 811, the applicant must be a private, non-profit organization with prior experience in housing or related social service activities. Government entities are not eligible for funding under this program.

Mainstream Housing

Eligibility:18 years of age or older, Low-income, has a disability per Social Security definition.

Services:Scattered site rent subsidy -This program is operated similar to the Housing Choice Voucher Program with the following exceptions:Must have a disability per Social Securitydefinition;May pay no more than 30% of gross income; and is not statewide. Currently, only the following Public Housing Authorities have Mainstream Vouchers:Lincoln, Ripley, Franklin and St. Louis Counties, and Liberty Housing Authority (serves Kansas City Metro area.)

Housing Choice Voucher (Section 8)

Eligibility:18 years of age or older, Low-income.

Services:Scattered site rent subsidy.

The Public Housing Authority pays a portion of the consumer’s rent through vouchers thru certificates. The consumer may pay from$25.00 to 40% of their adjusted gross income, based on the local Fair Market Rent (FMR).

Shelter plus Care

Eligibility:18 years of age or older, have a disabilityMeet HUD definition of homeless very low income, receiving mental health services.

Services:Scattered site or project rental assistance.

This program offers rental assistance to individuals and families receiving supportive services. The definition of a disability for this program is broader than the one used by the Social Security Administration in determining eligibility, i.e., it includes alcohol and drug addiction as a disability.In order to meet the HUD definition of homelessness, an applicant must be:sleeping in an emergency shelter;sleeping in a place not meant for human habitation; living in a transitional housing facility for homeless persons who came from a shelter or from sleeping in a place not meant for human habitation; or In an institution (such as an in-patient treatment facility) less than 30 days and was previously sleeping in an emergency shelter or a place not meant for human habitation.

Housing Opportunities for Persons With Aids

Eligibility:HIV positive, Enrolled in HIV case management100% of federal poverty or below; be assessed for need byState of Housing in Missouri case manager.

Services:Rent subsidy-A short term rent, mortgage and utility assistanceHousing Opportunities for Persons with AIDS (HOPWA) provides low-income persons with HIV-positive diagnosis assistance in stabilizing their housing in order to avoid homelessness and increase access to essential health care and medications. Consumers must be enrolled in HIV case management and demonstrate that they are actively engaged in medical care.

Similar to Low Income Housing Tax Credit in that it is for encouraging developers to build affordable housing. This program provides additional units for very low income and lowincome persons and families. For furtherinformation on what is available in your area contact MHDC at 816-759-7265.

Home Purchasing

First Place Loans Eligibility:

First time homeowner (those who haven’t owned a home in the last three years), with household income less than $61,100 (one to two persons) $64,415 (three or more people).

Services:Below market interest rates and cash assistance for down payment and closing costs; First Place Loan program is a homebuyer program that provides a pool of money at below-market interest rates that lenders can access to provide loans to first-time homebuyers in the state of Missouri. One part of the program also provides down payment and closing cost assistance. These loans are 30-year, fixed-rate, first mortgages. MHDCreleases funds periodically throughout the year.Two types of funds are available, depending on the borrower's needs:

  • Cash Assistance Payment (CAP) loans provide the homebuyer with a grant equal to 3% of their loan amount, and a below-market interest rate mortgage. This type of loan is best for those buyers that need assistance paying the down payment and closing costs. CAP loans can be used for both existing and new homes.
  • Non-Cash Assistance Payment loans (NonCAP) are offered at a somewhat lower interest rate, usually .75% to 1% below the CAP rate. These loans are best for buyers that have adequate funds to pay their own down payment and closing costs. Non-CAP funds are available for existing and new homes.
    Additional information can be found at: www.mhdc.com/homes/firstplaceloans/ Or contact MHDC at 816-759-6814.

Home Down Payment Assistance

Eligibility:18 years of age or older

Services:Cash grants for down payment or closingcostsMHDC is the most appropriate agency to contact regarding any down payment assistance that may be available. Every year there is usually some type of program created using Federal monies to assist first time homebuyers.Additional information can be found at: www.mhdc.com.

Habitat For Humanity

Eligibility:18 years of age or olderVery low to low-income (30-50% median income).

Services:Self Help Program
Habitat for Humanity International is anonprofit, ecumenical Christian housing ministry. Habitat for HumanityState of Housing in Missouri International's headquarters, located in Americus, Georgia, USA, provides information, training and a variety of other support services to Habitat affiliates worldwide.Through volunteer labor and donations of money and materials, Habitat builds and rehabilitates simple, decent houses with the help of the homeowner (partner) families. Habitat houses are sold to partner families at no profit, financed with affordable, no-interest loans. The homeowners' monthly mortgage payments are used to build still more Habitat houses.Habitat is not a giveaway program. In additionto a down payment and the monthly mortgagepayments, homeowners invest hundreds of hours of their own labor – sweat equity – into building their Habitat house and the houses of others.Habitat houses are affordable for low-incomefamilies because there is no profit included in the sale price and no interest charged on the mortgage. Mortgage length varies from seven to 30 years.Forty-seven affiliates are listed for Missouri at
http://www.habitat.org/local/ or check your local telephone book.

Fannie Mae Home-Choice Loans

Eligibility:18 years of age or older, Low-income and have a disability.

Services:Low interest homeownership loans through local lender institutionsFannie Mae provides financial products and services that make it possible for low, moderate and middle-income families to buy homes of their own. Fannie Mae began in 1969. Money is not lent directly to homebuyers. Instead the program works with lenders to make sure they do not run out of mortgage funds, thus making it possible for people to achieve the goal of owning their own home.When you go to a lender to qualify for a home loan Fannie Mae will be in the best position, along with your realtor, to assist you in determining if Fannie Mae funding can help with purchasing a home.

Home Repair/Weatherization Assistance

Home Repair Loans And Grants

Eligibility For Grant:62 years of age or older, Unable to pay back loan.
Eligibility For Loan:18 years of age and older, Acceptable credit history, Very low income.

Services:Loan and/or grant to repair or improve owned home in rural areas.To provide loan and grant funds to be used to pay for needed repairs and improvements to dwellings of eligible very low income families.Grants must be used to remove health and safety hazards.

HRO (Home Repair Opportunity)

Eligibility:Homeowner, Low to moderate income, Maintained for three years or pay back

Services:Rehab, weatherize, lead abatement, access modifications Grants are up to $20,000MHDC provides Federal Home Funds to selected Community Action Agencies as part of the HRO Program to meet the growing need for home repairs for low and moderateincome homeowners. Community Action Agencies are listed in the back of this booklet.

Low-Income Weatherization Assistance Program

Eligibility:Homeowner, Low income.

Services:Minor rehab and repairs to make home more livable and energy efficient; Many low-income people live in older homes that may not have insulation or efficient heating systems. Weatherization is a program whereby energy-efficient improvements are installed in the home, resulting in lower utility bills year after year. This reduces the amount of assistance needed to pay higher utility bills in low-income households. The program aims to lower utility bills and improve comfort while ensuring health and safety. Possible solutions may be installationof storm windows, insulation, sealing of ductwork and floor repairs. Smoke and carbon monoxide detectors may also be installed.

Income Limits for Housing Subsidy in Missouri

FY 2013 Very Low-Income (50%) Limit (VLIL)
Missouri
Income Limit Information Median Family Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
FY 2013 VLIL $59,700 $20,900 $23,900 $26,850 $29,850 $32,250 $34,650 $37,000 $39,400
FY 2013 Extremely Low-Income (30%) Limit (ELIL)
Missouri
Income Limit Information 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
FY 2013 ELIL $12,550 $14,350 $16,100 $17,900 $19,350 $20,800 $22,200 $23,650
FY 2013 Low-Income (80%) Limit (LIL)
Missouri
Income Limit Information 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
FY 2013 LIL $33,450 $38,200 $43,000 $47,750 $51,600 $55,400 $59,200 $63,050

Veterans Affairs

Eligibility: Veterans who served on active duty and were discharged under conditions other than dishonorable; Reservists and National Guard may qualify under certain conditions. (For more information contact VA.) VA guaranteedState of Housing in Missouri loans are made by private lenders, such as banks, savings & loans, or mortgage companies to eligible veterans for the purchase of a home, which must be for their own personal occupancy. To get a loan, a veteran must apply to a lender. If the loan is approved, VA will guarantee a portion of it to the lender. This guaranty protects the lender against loss up to the amount guaranteed and allows a veteran to obtain favorable financing terms. There is no maximum VA loan but lenders will generally limit VA loans to $240,000. VA loans offer the following important features: Equal opportunity for all qualified veterans to obtain a VA loan; Down payment not always required; VA assistance to veteran borrowers in default due to temporary financial difficulty; VA also offers loans for other types of homes: Manufactured, Mobile, and Modular. To obtain more information about VA home loans, call the VA at 1-800-827-1000 or contact a local lender or real estate professional.

Unemployment Rate in Missouri

The unemployment rate for Missouri fell 0.0 percentage points in March 2013 to 6.7%. The state unemployment rate was 0.9 percentage points lower than the national rate for the month.

Unemployment RateMarch 2013Month/MonthYear/Year
National 7.6% -0.1 -0.6
Missouri 6.7% 0.0 -0.3

Please ask your housing agency for details about the housing programs outlined above.