State affordable housing tax credit, a political lightning rod and coveted financing tool, returns
JEFFERSON CITY â A state tax credit designed to finance affordable housing construction, which was at the center of one of the fiercest political battles of the short-lived tenure of Gov. Eric Greitens, is back. The Missouri Housing Development Commission could meet as soon as this week to allocate Missouri Low Income Housing Tax Credits for projects around the state, including several in the St. Louis area. It would be the first time that Missouri has issued state low-income tax credits since Greitensâ administration in December 2017 engineered a vote at the commission halting the ...
Source: stltoday.com