Overview


On July 19, 2011, Gov. Jay Nixon announced a new $122 million initiative to address the pressing housing needs of families in the Joplin region due to the devastating May 22 tornado. Jumpstart Joplin deployed targeted resources to support the immediate construction and rehabilitation of single-family owner-occupied homes as well as the long-term development of both single and multi-family homes for the city's working families.

Jumpstart Joplin included two major objectives: near-term housing recovery and long-term permanent housing development.

Near-Term Housing Recovery

Near-term housing recovery involved providing rapid deployment of state resources to support new construction and rehabilitation of single-family, owner-occupied homes in critical areas within the tornado's path, and in areas not necessarily within the most severely-damaged areas. Approximately $22 million in funding was made available for near-term housing recovery, including:

  • • $10 million in construction financing assistance for developers, which is available through Missouri Housing Development    Commission (MHDC);
  • • $7 million from the Neighborhood Preservation Program, through the Missouri Department of Economic Development;
  • • $3.5 million in Community Development Block Grant funds;
  • • $1 million in down-payment assistance through MHDC’s Missouri Assistance in Disasters (Mo-AID) Program; and
  • • $959,000 for home repairs through the HeRO (Home Repair Opportunity) Program.

Long-Term Permanent Housing Development

Long-term permanent housing development included support for new construction and rehabilitation to facilitate community-identified long-term housing needs. The Missouri Housing Development Commission modified its 2012 Qualified Allocation Plan to direct $90 million in state and federal Low Income Housing Tax Credits to the Joplin area to support long-term permanent housing development.

Program Outcomes

Since the launch of Jumpstart Joplin Housing, the program has resulted in:

Jumpstart Joplin Neighborhood Preservation Program

  • • Number of Housing Applications Approved for NPA Tax Credits – 48
  • • Amount of Tax Credits Authorized - $816,163.43
  • • Anticipated Applicant Investment - $5,621,756.22

Jumpstart Joplin Community Development Block Grant

$500,000 grant to Duquesne - Project includes demolition, owner-occupied housing rehab, owner-occupied housing reconstruction and new housing construction through Habitat for Humanity. The structures proposed for demolition include residential units that were destroyed by weather-related events but are still standing and not eligible for FEMA debris removal. At least 7 homes will be assisted with rehab and at least 6 homes will be assisted with reconstruction.

$3,753,000 grant to Joplin Area Habitat for Humanity – The Governor’s Joplin Habitat Challenge, in partnership with the Joplin Area Habitat for Humanity and Missouri’s major athletic organizations, will build 35 new homes in the heart of Joplin in 2012 to aid the city’s recovery.

Plus an additional $4,000,000 awarded to Joplin to assist with demolition of approximately 150 damaged/destroyed structures and approximately 1,360 foundations/slabs/basements.

MHDC Low Income Housing Tax Credits

The eight communities funded by MHDC will add 340 units of affordable housing with the first units being available for occupancy in the fall of 2012. A complete list of funded communities can be found at http://www.mhdc.com/nofa/FY2012_Funding_Approvals/RP_JMSA_2012.pdf.


Available Funding/Services for Near-Term Housing Recovery



Programs:

  1. 1. MHDC Construction Financing for Developers - $10M
  2. 2. MHDC MO-AID Down payment Assistance Program - $1M
  3. 3. HeRO (HOME Repair Opportunity Program) - $959,000
  4. 4. Consumer Credit Counseling and Mortgage Finance Professionals Services


Program Detail:

New Construction Financing: The MHDC Construction Financing program is aimed at encouraging new construction of owner-occupied, single-family housing with the specific goal of reducing the sale price of the home. The program can serve to provide in-fill owner-occupied housing in existing neighborhoods or the development of new housing in larger tracts, although use of the MHDC Construction Financing program is limited to three (3) speculative homes per developer / builder.

Homeowner Financing: The MHDC Construction Financing program is aimed at encouraging new construction of owner-occupied, single-family housing with the specific goal of reducing the sale price of the home. The program can serve to provide in-fill owner-occupied housing in existing neighborhoods or the development of new housing in larger tracts, although use of the MHDC Construction Financing program is limited to three (3) speculative homes per developer / builder.

Home Repair: The MHDC Construction Financing program is aimed at encouraging new construction of owner-occupied, single-family housing with the specific goal of reducing the sale price of the home. The program can serve to provide in-fill owner-occupied housing in existing neighborhoods or the development of new housing in larger tracts, although use of the MHDC Construction Financing program is limited to three (3) speculative homes per developer / builder.

Consumer Credit Counseling and Mortgage Finance Professionals: The MHDC Construction Financing program is aimed at encouraging new construction of owner-occupied, single-family housing with the specific goal of reducing the sale price of the home. The program can serve to provide in-fill owner-occupied housing in existing neighborhoods or the development of new housing in larger tracts, although use of the MHDC Construction Financing program is limited to three (3) speculative homes per developer / builder.



Contact Information

State Resource Recovery and Rebuilding Office
705 Illinois Street, Suite 12
Joplin, MO 65801
417-625-9100