SBJ: State Launches Program to Boost Housing Market

From the Springfield Business Journal:

A $15 million initiative launched earlier this month aims to jump-start Missouri’s home building market.

Gov. Jay Nixon and State Treasurer Clint Zweifel kicked off the Home Ownership Purchase Enhancement program during Jan. 13 meetings with skilled craftsmen in St. Louis and Kansas City.

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…