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 215.150 – Redemption of notes and bonds.
Effective – 28 Aug 1969 215.150. Redemption of notes and bonds. — The commission, subject to the terms of any agreements with noteholders or bondholders as may then exist, shall have power out of any funds available therefor and not otherwise committed, to purchase notes or bonds of the commission which shall thereupon be cancelled […]
Section 215.062 – Weatherization loan program, commission to continue.
Effective – 18 Jun 1991 215.062. Weatherization loan program, commission to continue. — The Missouri housing development commission, or its successor agency, shall continue to implement the home improvement and weatherization loan program which was in effect prior to June 18, 1991. The commission may contract with local political subdivisions and nonprofit organizations pursuant to […]
Section 215.070 – Debt service reserve fund — deposits to — investment of.
Effective – 28 Aug 1985 215.070. Debt service reserve fund — deposits to — investment of. — The commission may establish a special fund to be known as the “Debt Service Reserve Fund”, and shall pay into such debt service reserve fund: (1) Any moneys appropriated and made available by the state for the purposes […]
Section 215.080 – Commission to set interest rate.
Effective – 28 Aug 1969 215.080. Commission to set interest rate. — The commission may set from time to time the interest rates at which it shall make loans, keeping its interest rates at the lowest level consistent with the commission’s cost of operation and its responsibilities to the holders of its bonds, bond anticipation […]
Section 215.090 – Limited dividend approved — mortgagor’s earnings limited — net earnings, how computed.
Effective – 28 Aug 1989 215.090. Limited dividend approved — mortgagor’s earnings limited — net earnings, how computed. — With respect to an approved mortgagor which is a limited dividend corporation, the net earnings of such approved mortgagor shall be limited to an amount not to exceed a percentage per annum established by the commission […]
Section 215.100 – Commission to regulate amortization period.
Effective – 28 Aug 1969 215.100. Commission to regulate amortization period. — The ratio of loan to project cost and the amortization period of loans made by the commission shall be determined in accordance with regulations formulated and published by the commission. ——– (L. 1969 H.B. 130 § 15)
Section 215.110 – Discrimination prohibited.
Effective – 28 Aug 1969 215.110. Discrimination prohibited. — The commission shall require that occupancy of all housing financed or otherwise assisted under sections 215.010 to 215.250 be open to all persons regardless of race, national origin, religion, or creed, and that contractors and subcontractors engaged in the construction or rehabilitation of such housing shall […]
Section 215.120 – Issuance of bonds or notes authorized.
Effective – 28 Aug 1969 215.120. Issuance of bonds or notes authorized. — 1. The commission may from time to time issue its negotiable revenue bonds or notes in such principal amount, as, in the opinion of the commission, shall be necessary to provide sufficient funds for achieving its corporate purposes, including the making of […]
Section 215.130 – Resolution authorizing issue of bonds or notes may provide what.
Effective – 28 Aug 1969 215.130. Resolution authorizing issue of bonds or notes may provide what. — A resolution of the commission authorizing the issuance of any notes or bonds or any issue thereof under sections 215.010 to 215.250 may provide for: (1) Pledging all or any part of the fees and charges made or […]