Multifamily Rental Production
Multifamily Rental Production supports Missouri housing developers with financing for new construction, acquisition, and rehabilitation to create and preserve affordable rental housing.
Funder: Missouri Housing Development Commission (MHDC)
Due Dates: November 30, 2026 (December link request) | December 1, 2026 (4% application) | December 31, 2026 (January link request) | January 4, 2027 (4% application) | January 29, 2027 (February link request) | February 1, 2027 (4% application) | February 26, 2027 (March link request) | March 1, 2027 (4% application) | March 31, 2027 (April link request) | April 1, 2027 (final 4% application)
Funding Amounts: Federal 4% LIHTC as-of-right per authorized development; competitive resources include $21 million annually in estimated federal 9% credits, loans, and grants
Summary: Supports the production and preservation of affordable rental housing in Missouri through tax credits, construction and permanent loans, grants, and rental assistance.
Key Information: The separate rolling Federal 4% LIHTC round does not permit other Affordable Housing funding sources.
Description
MHDC’s Multifamily Rental Production program finances the production and preservation of affordable rental housing across Missouri, including new construction and acquisition/rehabilitation. The competitive program combines federal and state Low-Income Housing Tax Credits (LIHTC), HOME, HOME-ARP, Housing Trust Fund resources, MHDC Fund Balance and TCAP loans, CHDO operating grants, and eligible Section 811 rental assistance.
The program prioritizes nonprofit involvement, community housing development organizations, service-enriched and supportive housing, preservation, disaster recovery, workforce housing, and opportunity areas. A separate Federal 4% LIHTC notice provides rolling submission opportunities for development-ready projects seeking federal credits only. These proposals must demonstrate financing readiness, zoning status, and permit-ready plans, and must close construction financing within 12 months of Board approval.
