Missouri Offers Additional Homebuying Incentives

HOPE Incentive Program Now In Effect

Under the Home Ownership Purchase Enhancement (HOPE) program, eligible Missourians who purchase a family home in 2010 will receive a financial incentive equal to their first year's property tax - of up to $1250. This incentive is being funded by the MHDC (Missouri Housing Development Commission) to qualifying Missouri homebuyers, and will be available until the total pool of $15 million dollars has been made exhausted.

An additional incentive is also available to these qualified applicants who purchase a new energy-efficient home; purchase and upgrade the efficiency of an existing home; or purchase a home and an energy-efficient item. The maximum combined incentives are capped at $1750.

View more information about the HOPE program

(This post originally appeared on my other blog www.PostcardsFromTheLake.com)