Request for Public Comment on Multifamily Program

3/28/2025

March 28, 2025

The Missouri Housing Development Commission (MHDC) is soliciting feedback from interested parties on the below questions.  These questions are with respect to MHDC’s multifamily rental production program and properties that are in MHDC’s current portfolio, which may include developments that have utilized federal and state Low-Income Housing Tax Credits (LIHTC), HUD’s HOME program, and HUD’s Housing Trust Fund (HTF) program. MHDC is seeking feedback from stakeholders which include but are not limited to development owners, property managers, multifamily lenders/investors, and tenants.  MHDC is interested in feedback on the following questions:

  1. What steps would be necessary to allow for the alignment of rental pricing for vacant and new units with allowable program rents rather than continuing with MHDC’s current internal pricing policies?

  2. What would a transition plan look like for existing family and senior housing developments that (a) includes a phased approach to gradually allow the full implementation of allowable program rents and (b) incorporates a rental assistance program to support tenants impacted by potential rent increases due to operating cost increases and inflationary trends? Note: These two components—phased implementation and rental assistance—must be included in any proposed plan.

  3. Comment on any housing policy in relation to MHDC.

Written comments may be submitted directly to MHDC by email to public.comment@mhdc.com.  Comments should be provided within the body of the email and not as an attached document.  Public comments will be accepted until 5:00 p.m. CST on Friday, April 18, 2025.

MHDC will host two (2) virtual public hearings to receive verbal comments on the above-listed questions on the following dates:

  • Tuesday, April 8, 2025 at 10:00 a.m., and
  • Monday, April 14, 2025 at 2:00 p.m.

During each public hearing, MHDC staff will accept and record individual public comments pertaining to the above-listed questions.  Each hearing will remain open for public comment for a minimum of 10 minutes and will remain open as comments are received for a maximum of two (2) hours. Any interested party may register for the hearing(s) to participate and provide verbal comments.  Registration for the public hearing is required to participate.  Please note that each hearing session requires a separate registration.

Webinar Registration Information:

  • Public Hearing #1 – Tuesday, April 8th at 10:00 a.m.:
  • Public Hearing #2 – Monday, April 14th at 2:00 p.m.:

 

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