Bill > HB2240

This bill creates the "Rural Workforce Housing Investment Act" which establishes a workforce housing grant program within the Missouri Department of Economic Development. The program provides grants to nonprofit development organizations to establish and administer workforce housing investment funds that support the development of workforce housing in rural communities with demonstrated housing needs. The bill defines key terms like "workforce housing" and outlines the application, award, and reporting requirements for the grant program. The Rural Workforce Housing Investment Fund is created in the state treasury to fund the grant program, and the Department is given rulemaking authority to administer the program.