MHDC votes to discontinue using Missouri funds for low-income housing projects

Phil Steinhaus, the CEO of the Columbia Housing Authority, has confirmed with ABC 17 news that the Missouri Housing Development Commission voted 8-2 Tuesday afternoon to discontinue using Missouri funds for low-income housing projects.

ABC 17 previously reported on this vote. By eliminating the state’s contributions to the tax credits, there will be less money for developers to build low-income housing.

“Without the tax credits, I’m not sure there’d be a motivation for somebody to be involved with this,” said Michael Bodine, an electrician, who frequently works on projects involved in low-income housing projects.

The vote impacts a Columbia Housing Authority project to renovate 50 units in the Providence Walkway Apartments complex across Providence from Douglass High School.

$2 million of the $9 million project has been cut with Tuesday’s vote.