Bill > SB4

This bill modifies the Missouri Housing Trust Fund to allow for expedited disbursement of emergency aid funds during presidential disaster declarations. Specifically, when the governor files a request for a presidential disaster declaration, funds appropriated to the Housing Trust Fund for emergency aid can be immediately transferred to the Missouri Housing Development Commission, with administrative requirements like allocation plans and public hearings potentially waived to speed up disaster relief. The bill creates a special provision for disaster relief that temporarily suspends existing income eligibility restrictions, allowing households with up to 75% of the area's median family income to receive assistance, compared to the previous more restrictive income limits. Additionally, the bill includes an emergency clause indicating the immediate necessity of providing assistance to families affected by recent natural disasters, which means the law would go into effect immediately upon passage. These changes are designed to provide more flexible and rapid housing assistance in emergency situations, recognizing the urgent needs of communities impacted by natural disasters.

Budget and Finance

https://www.senate.mo.gov/25info/BTS_Web/Bill.aspx?SessionType=E1&BillID=18267450