In Senate Bill 20, enacted during the 1999 Legislative Session, the Missouri General Assembly authorized a State Tax Credit program to encourage reinvestment in older neighborhoods. The approval of this bill was a top legislative priority of County Executive Buzz Westfall. The program provides tax credits to offset part of the cost of investment in repair or construction of owner-occupied housing in moderate income neighborhoods throughout Missouri. Governor Mel Carnahan signed the bill into law on July 8, 1999. Taxpayers may apply for credits now.
Eligibility is based on the location of the property.
The income of the taxpayer is not a factor. Neighborhoods are assigned eligibility based on Median Household Income from the most recent decennial Census. Eligibility definitions will change after the 2000 census data is available. Eligibility definitions will change after the 2000 census data is available. The entire City of St. Louis qualifies at this level.