Missouri has a $15 million initiative launched earlier this month to aid in home ownership; Home Ownership Purchase Enhancement or HOPE. Through the HOPE program, the Missouri Housing Development Commission provides a financial incentive equal to the cost of the homebuyer's first year of property taxes, up to $1,250.
There also is an enhanced incentive - which could increase the total incentive to a maximum $1,750, for homeowners who purchase energy-efficient homes or who purchase and remodel existing homes or buy items such as Energy Star appliances, aimed increase the home's energy efficiency.
Eligibility for HOPE is based on previously adopted MHDC guidelines and ranges from $58,300 to $98,560, depending on the counties in which the homes are sold. The HOPE incentive is available only for owner-occupied purchases. Funds will be available on a first-come, first, serve basis. HOPE application forms are available at www.mo.gov, where there is a homebuyer incentive tab and frequently asked questions about this program.
This program is in addition to the National first-time homeowners tax credit up to $8,000. Call us today for more information! 417-631-7234
About The Authors: Betty Knowles is a full-time REALTOR® with Coldwell Banker Vanguard REALTORS® in Springfield, MO and proudly serves on the board of the Greater Springfield Board of REALTORS®. She also served as President of Women’s Council Of REALTORS® in Southwest Missouri. Betty’s genuine passion is helping people buy and sell homes in Springfield, Ozark, Nixa, and surrounding communities.
John Knowles is likewise a full-time REALTOR® with Coldwell Banker Vanguard and a member of the Greater Springfield Board of REALTORS®. A self-proclaimed computer geek, John is talented at developing real estate websites, videos, photography, blogs, search engine optimization and other technical skills essential to marketing and selling real estate in Springfield MO.
Together this dynamic team makes up TeamKnowles REALTORS®, Spouses Selling Houses! They are dedicated to doing what it takes to sell your home in the greater Springfield real estate market, or help you purchase a home that fits your particular needs. Give TeamKnowles a call today; you’ll be glad you did!
Quick Homes Search: