SB 268 - This act modifies provisions relating to the Missouri Housing Trust Fund.
The act increases one of the fees collected by each recorder of deeds from $3 to $10. Nine dollars of the ten dollar fee shall be deposited into the Missouri Housing Trust Fund. Six of the nine dollars deposited into the fund may be used for any of the authorized programs except homeless shelters, with an emphasis on activities encouraging home ownership. The remaining one dollar of the ten dollar fee shall be forwarded by the recorder to the county treasurer to be deposited into the county treasury for use by the recorder's office.
This act changes the median family income requirements that families must meet to qualify for Housing Trust Fund assistance and adjusts the amount of housing trust fund money that goes to persons in certain income classifications.
This act is similar to HB 279 (2009).
SUSAN HENDERSON MOORE