215.263. Affordable housing defined, staff to be provided by department of economic development. — 1. For purposes of sections 215.261* to 215.263, the term "affordable housing" means all residential structures newly constructed or rehabilitated, which a person earning one hundred fifteen percent or less of the median income for the person's county, as determined by the United States Census Bureau's American Community Survey, based on the most recent of five-year period estimate data in which the final year of the estimate ends in either zero or five, could afford if spending twenty-nine percent of that person's gross income annually on such housing.
2. Clerical, research and general administrative support staff for the commission shall be provided by the Missouri department of economic development.
--------
(L. 1994 H.B. 1745 § 1 subsecs. 3, 4, A.L. 2010 H.B. 1965)
Effective 4-01-11, see § 135.204
*Section 215.261 was repealed by S.B. 58, 2015.
---- end of effective 01 Apr 2011 ----
- All versions | ||||
---|---|---|---|---|
Effective | End | |||
215.263 | 4/1/2011 | |||
215.263 | 8/28/1994 | 4/1/2011 |
|
|||
Click here for the Reorganization Act of 1974 - or - Concurrent Resolutions Having Force & Effect of Law | |||
In accordance with Section 3.090, the language of statutory sections enacted during a legislative session are updated and available on this website on the effective date of such enacted statutory section. | |||
|
Recent Sections | Editorials | May Be Cited As | Tables & Forms | Multiple Enact |
Repeal & Transfer | Definitions | End Report | ||
|
||||
Site changes | Pictures | Contact |
Legislative Research | Oversight | MOLIS | |||
Library | MO WebMasters |