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Board meetings and strategic plans from David Nickum's organization
The Qualified Allocation Plan (QAP) for the Missouri Housing Development Commission outlines the process for administering Federal and State Low-Income Housing Tax Credit (LIHTC) programs and other multifamily funding. It establishes participant, development, and underwriting standards, and defines housing priorities including nonprofit involvement, supportive housing, service-enriched housing, preservation, and housing for veterans and the workforce. The plan details the reservation and allocation processes, compliance monitoring, and program fees, with the overarching goal of ensuring the financial feasibility and long-term viability of affordable housing developments.
The approvals include multiple developments across different cities. These developments vary in construction type, including acquisition/rehab and new construction, and cater to different occupancy types such as senior 62+ and family. Some developments offer service-enriched or veteran's services. The developments are Highlands Apartments, Crestview Village Apartments, Commons of Belton, Pevely Pointe Apartments, Delmar Divine Phase 2, Winston Churchill Apartments, Triton Pointe, Maplewood Loop Apartments, The Sanford B Ladd School Redevelopment Project, 9th and Central, Benton Apartments, The Greens at Grandview, Pinewood Place Apartments and Promise Place.
This Qualified Allocation Plan (QAP) outlines the process for the Missouri Housing Development Commission (MHDC) to administer Federal and State Low Income Housing Tax Credit (LIHTC) and other multifamily funding. Its primary goal is to incentivize the creation and maintenance of quality, market-appropriate affordable housing to strengthen Missouri communities. Key priorities include promoting nonprofit involvement, supporting Community Housing Development Organizations (CHDO), and addressing specific housing needs through set-asides for Permanent Supportive Housing and Vulnerable Persons. The plan also emphasizes Service-Enriched Housing, Preservation, CDBG-DR initiatives, Veteran's Housing, Workforce Housing, and development in Opportunity Areas. The QAP details standards for participants, development, and underwriting, along with a multi-phase reservation and allocation process to ensure financial feasibility and long-term viability of housing projects.
The Missouri Housing Development Commission (MHDC) will administer $45 million in federal funds through the HOME Investment Partnerships (HOME) American Rescue Plan (ARP) program. The plan prioritizes affordable rental housing development for ELI households (60%), non-congregate shelters (12%), supportive services (7%), nonprofit operating funds (3%), and nonprofit capacity building funds (3%). MHDC provides statewide assistance and will allocate funds based on project eligibility, feasibility, and benefit to qualifying populations.
The 2026 Qualified Allocation Plan (QAP) outlines the policies and procedures of the Missouri Housing Development Commission (MHDC) for administering the Federal and State Low-Income Housing Tax Credit (LIHTC) programs. MHDC aims to incentivize the creation and maintenance of quality affordable housing, prioritizing developments that strengthen communities and improve the lives of Missourians. The plan details participant and development standards, housing priorities, the reservation and allocation processes, compliance monitoring, and other relevant information, including program fees and MHDC's discretionary authority.
Extracted from official board minutes, strategic plans, and video transcripts.
Decision makers at Missouri Housing Development Commission
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Mandy Fangmann
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