National Housing Trust Fund
MHDC Asset Management is responsible for ensuring the ongoing compliance of rental housing that has been financed by MHDC using National Housing Trust Fund (NHTF) Funds. This includes ensuring owners of such housing are complying with the income limits, rent restrictions, physical condition standards, and other compliance issues specified by federal NHTF guidelines to meet the housing needs of low and very low income Missouri households.
The calculation method for determining income/rent limits for LIHTC units may not align with other programs, specifically HOME and the National Housing Trust Fund. MHDC will monitor those designated units for the most restrictive applicable funding source.