Mo. Code Regs. Ann. tit. 4, § 170-7.020
PURPOSE: This rule defines terms used in the implementation of the Missouri Housing Trust Fund. 4 CSR 170-7
Editor's Note: The following material is incorporated into this rule by reference: 1) United States Housing Act of 1937, Section 8, Department of Housing and Urban Development (Washington: U.S. Government Printing Office, 1937); and 2) Internal Revenue Code, section 42(h)(5)(C), (Washington: U. S. Government Printing Office, 1994). In accordance with section 536.031(4), RSMo, the full text of material incorporated by reference will be made available to any interested person at the Office of the Secretary of State and the headquarters of the adopting state agency.
(1) As used in the implementation of the Missouri Housing Trust Fund, the following terms shall mean:
(B) Eligible low income persons or families at or below fifty percent (50%) of median income, adjusted for family size—persons or families are eligible to be assisted if the household combined, adjusted gross income as defined by the commission is equal to or less than the following percentages of the median family income for the geographic area in which the residential unit is located. Geographic area means the metropolitan area or county designated as an area by the federal Department of Housing and Urban Development under Section 8 of the United States Housing Act of 1937 for purposes of determining fair market rental rates:
Percent of Geographic Area Family
Size of Household Median Income One Person 35% Two Persons 40% Three Persons 45% Four Persons 50% Five Persons 54% Six Persons 58% Seven Persons 62% Eight Persons 66%
(C) Eligible low income persons or families at or below twenty-five percent (25%) of median income, adjusted for family size— persons or families are eligible to be assisted if the household combined, adjusted gross income as defined by the commission is equal to or less than the following percentages of the median family income for the geographic area in which the residential unit is located. Geographic area means the metropolitan area or county designated as an area by the federal Department of Housing and Urban Development under Section 8 of the United States Housing Act of 1937 for purposes of determining fair market rental rates:
Percent of Geographic Area Family
Size of Household Median Income One Person 18% Two Persons 20% Three Persons 23% Four Persons 25% Five Persons 27% Six Persons 29% Seven Persons 31% Eight Persons 33%
(D) Developments or activities eligible for assistance—
family units, which shall be considered rental housing, and the monthly cooperative fee shall be considered the rental rate, or detached units, in urban, rural or suburban areas;
units or rehabilitated multifamily units otherwise assisted under sections 215.035— 215.038, RSMo;
which are not in violation of municipal or county housing codes;
profit housing corporations, as defined in Chapter 355, RSMo, or section 42(h)(5)(C) of the Internal Revenue Code of 1986, where the recipient serves a rural area and has been involved in housing construction, rehabilitation or services of the nature described in this subdivision for less than four (4) years;
directly related to special needs tenants in assisted developments;
ble developments;
housing;
or vacant multifamily units;
single-room occupancy units;
of single family housing;
homeless;
rental and mortgage payment and repairs to prevent homelessness;
elderly and low income residents of rural areas of Missouri by the Farmers Home Administration or its successor agency;
payments for eligible developments; and
but not limited to, home maintenance programs;
AUTHORITY: section 215.030(5), (12) and (19), RSMo (1994).* Original rule filed Sept. 18, 1995, effective Feb. 25, 1996.
*Original authority 1969, amended 1974, 1982, 1985, 1989, 1993.