The governing body of the municipality may create a fund to be known as the "Urban Homesteading Fund". The fund shall be used on a revolving basis to aid any urban homesteading agency in providing financial assistance to urban homesteaders in the form of loans for the purchase and rehabilitation of, or construction on, urban homestead program property and to aid any urban homesteading agency in providing financial assistance to a municipal housing authority in the form of grants for the purchase and rehabilitation of, or construction on, urban homestead program property.
Mo. Rev. Stat. § 99.901
Urban homesteading fund established, purpose
Known as the The Housing Authorities Law
The act spans §§ 99–99 (157 sections).
Effective: 28 Aug 1992; (L. 1992 H.B. 1434 & 1490 § 9 subsec. 1)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.