To provide financial assistance and access to capital businesses and nonprofits directly impacted by flooding or tornados, located in disaster areas in the State.
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Facilitate the funding of an expansion project that would be unlikely to occur without the Grow Missouri Loan in order to create or retain full-time jobs for targeted businesses.
Preserving our state’s history and culture is vital to growing the economy and attracting talent. This program incentivizes developers to maintain the integrity of our historic buildings, giving them new life.
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The federally funded HOME program provides a financing source for several eligible activities that increase the supply of affordable housing for low and very low income persons. One of these activities is the acquisition and rehabilitation or new construction of rental housing. As HOME Administrator for the State of Missouri, MHDC uses a portion of its annual HOME allocation to finance rental production at a very low interest rate, which results in rents that are affordable to low income families.
Community action agencies, regional planning commissions, municipalities and nonprofit organizations can help low and moderate income homeowners in non-metropolitan areas make home repairs, modifications and other maintenance.