Tuesday, March 09, 2010

Missouri helps homeowners buy homes with "HOPE" program

The Missouri Housing Development Commission (MHDC) at the end of 2009 rolled out an innovative program to help Missouri families buy a house.


Program Details
MHDC is allocating $15 million towards the HOPE program. Qualified Missouri families that purchase a home in 2010 are eligible for a HOPE incentive equaling the amount of the 2009 real estate tax bill associated with the property they purchased, up to a maximum of $1,250. 

Additionally, homebuyers who are approved for the real estate property tax HOPE incentive may also be eligible to receive an additional amount if they bought a qualified, newly-constructed, energy-efficient home or bought an existing home and remodeled or purchased items such as Energy Star® appliances to make the home more energy efficient. The maximum combined total of the HOPE property tax incentive and the HOPE energy-efficiency incentive is $1,750.

This can be met by doing some remodeling or even purchasing an Energy Star® appliance.  The MHDC website has complete information on the program and can be reached at
http://www.mhdc.com/homes/HOPE/index.htm
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