HOPE (Home Ownership Purchase Enhancement) will help some qualified Missouri families pay their real estate taxes in 2010.
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.
To be eligible home buyers must purchase in 2010 with a contract having been executed no earlier than January 1, 2010. The $15 million is available on a first come first serve basis and does not have to be paid back as long as the homeowner lives in the property a full year after receiving the funds. To qualify buyers must meet certain income guidelines and purchase in target districts.
View a list of properties available for sale in census tract 1224.
View a list of properties in census tract 1164 that are currently for sale.
View a list of properties in census tract 1193 that are currently available for sale.
Here is a link to the FAQ’s regarding the HOPE program.
All map files can be found on the MHDC website.