JEFFERSON CITY, Mo. (AP) — A Missouri housing agency is considering a $15 million plan to pay property taxes for those who buy a house next year.
The Missouri Housing Development Commission is to meet Friday to decide whether to approve the proposal to cover 9,000 to 11,000 low- and moderate-income households. Under the idea, the state agency would use a reserve fund to pay up to $1,250 in property taxes for those who buy a new or existing home.
People would be eligible for an extra $500 for taking steps to make their new house more energy efficient.
Gov. Jay Nixon and State Treasurer Clint Zweifel, both members of the housing agency’s board of directors, proposed the property tax plan last month.
