Section 215.316 – Public hearing and consultations required before subsidies granted.
Effective – 28 Aug 1989 215.316. Public hearing and consultations required before subsidies granted. — Prior to entering agreements to grant additional subsidies to the owner of a subsidized multifamily rental housing project, the Missouri housing development commission shall consult with the owner, the tenants, the local government, and HUD and shall hold a public […]
Section 215.190 – Notes and bonds, approved securities.
Effective – 28 Aug 1969 215.190. Notes and bonds, approved securities. — The notes and bonds of the commission are securities in which all public officers and bodies of this state and all municipalities and municipal subdivisions, all insurance companies and associations, and other persons carrying on an insurance business, all banks, trust companies, savings […]
Section 215.200 – Property and obligations of commission tax exempt.
Effective – 28 Aug 1969 215.200. Property and obligations of commission tax exempt. — The commission shall not be required to pay any taxes and assessments to the state of Missouri, or any county, municipality or other governmental subdivision of the state of Missouri, upon any of its property or upon its obligations or other […]
Section 215.210 – Services commission may provide for nonprofit corporations.
Effective – 28 Aug 1969 215.210. Services commission may provide for nonprofit corporations. — The commission is authorized to provide to nonprofit corporations such advisory, consultative, training and education services as will assist them to become owners of housing constructed or rehabilitated under sections 215.010 to 215.250. Advisory and education services may include, but are […]
Section 215.220 – Commission funds not to inure to private persons, exceptions.
Effective – 28 Aug 1969 215.220. Commission funds not to inure to private persons, exceptions. — No part of the funds of the commission shall inure to the benefit of or be distributable to its members or officers or other private persons except that the commission shall be authorized and empowered to pay reasonable compensation, […]
Section 215.230 – Termination or dissolution of commission, effect of.
Effective – 28 Aug 1969 215.230. Termination or dissolution of commission, effect of. — Upon termination or dissolution, all rights and properties of the commission, including the housing development fund, shall pass to and be vested in the state of Missouri, subject to the rights of lienholders and other creditors. ——– (L. 1969 H.B. 130 […]
Section 215.240 – Audit, copies, who shall receive.
Effective – 28 Aug 1969 215.240. Audit, copies, who shall receive. — The commission shall cause an annual audit to be made by an independent certified public accountant of its books, accounts, and records, with respect to its receipts, disbursements, contracts, mortgages, leases, assignments, loans and all other matters relating to its financial operations, including […]
Section 215.246 – Grants or loans not awarded without implementation of certain oversight procedures (Kansas City).
Effective – 28 Aug 2005 215.246. Grants or loans not awarded without implementation of certain oversight procedures (Kansas City). — Beginning July 1, 2006, the commission shall not award grants or loans to any home rule city with more than four hundred thousand inhabitants and located in more than one county unless the governing body […]
Section 215.160 – Indebtedness limited, exception.
Effective – 28 Aug 1985 215.160. Indebtedness limited, exception. — The commission shall not have outstanding at any one time bonds and notes for any of its purposes in an aggregate principal amount exceeding two hundred million dollars, excluding bonds and notes issued to refund outstanding bonds and notes; provided, however, that the limitation contained […]
Section 215.170 – Default, trustee appointed when, powers of trustee.
Effective – 28 Aug 1969 215.170. Default, trustee appointed when, powers of trustee. — 1. If the commission defaults in the payment of principal or interest on any issue of notes or bonds after the same shall become due, whether at maturity or upon call for redemption, and such default continues for a period of […]