Modifies provisions for senior housing subsidies

Summary

HB 2491 removes several existing sections of Missouri law that govern senior rental housing subsidies and replaces them with seven new sections. The bill sets up new definitions, a process for owners to request extra subsidies, and a requirement to submit a plan to expand affordability. It also authorizes the Missouri Housing Development Commission to offer incentives such as tax credits and property‑tax abatements to qualifying projects.

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