A state low-income housing tax credit sought by developers seeking to build affordable housing but often criticized by Missouri officials has resumed after a three-year moratorium.
The Kansas City Star reports that the Missouri Housing Development Commission has restarted a program that then-Republican Gov. Eric Greitens zeroed out in 2017. The commission’s decision came in a unanimous vote Friday. Developers and tenant advocates have noted that the supply of affordable housing in Missouri badly trails demand.
But the tax credit is resuming without legislative reforms that were once thought necessary to get the program running again.
