Operating Assistance Program
The Operating Assistance Program from MHDC funds operating expense gaps in affordable multifamily housing, ensuring continued support for low-income and vulnerable Missourians.
Funder: Missouri Housing Development Commission (MHDC)
Due Dates: October 1, 2025 | October 2, 2026
Funding Amounts: Estimated total pool: $4,000,000 per cycle; typical awards range from ~$1,000 to $50,000+ per property, one-year term.
Summary: Supports operating expense shortfalls for affordable multifamily housing in MHDC’s portfolio serving low-income or vulnerable Missourians.
Description
The Operating Assistance Program (OAP), administered by the Missouri Housing Development Commission (MHDC), provides critical funding to address operating expense shortfalls in affordable multifamily housing developments within the MHDC compliance portfolio. The goal is to ensure the sustainability of essential property operations and services, helping maintain safe and affordable housing for low-income and vulnerable populations throughout Missouri. Funding is provided annually through a competitive application process.
