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Rent Regulations

Cal. Civ. Code § 215.307

Owners of multifamily housing projects eligible for additional subsidies, when

In Force
Verified 10/14/2026 · Next check 10/21/2026
effective 10/14/2026MissouriAffordable Housing Programs

Operative Text

Cal. Civ. Code § 215.307
Any owner of a multifamily housing project subject to the provisions of sections 215.300 to 215.318 which is or will become eligible for mortgage prepayment without the prior approval of the secretary of the Department of Housing and Urban Development shall be eligible for additional subsidies under the provisions of sections 215.300 to 215.318.
Source: Legislative text reproduced verbatim
Plain English

Under Mo. Rev. Stat. § 215.307, owners of multifamily housing projects covered by Missouri's affordable housing preservation statutes (sections 215.300 to 215.318) become eligible for additional state subsidies when their project is or will become eligible to prepay its federally backed mortgage without needing prior approval from the U.S. Department of Housing and Urban Development (HUD). The provision creates a pathway for additional financial support tied specifically to that mortgage-prepayment eligibility threshold. It does not automatically grant subsidies but establishes who qualifies to seek them.

Written by anthropic/claude-sonnet-4.6 · Reviewed on October 14, 2026

Plain English — not legal advice.

For Property Managers

Operators of multifamily housing projects governed by Mo. Rev. Stat. §§ 215.300–215.318 generally track whether their federally backed mortgage has reached or will reach the point at which prepayment is permitted without prior HUD approval, because that milestone is the qualifying trigger for additional subsidy eligibility under § 215.307. Compliant operators typically maintain current records of their mortgage terms and prepayment schedules so they can identify when this threshold is met. Consulting with a housing finance professional familiar with Missouri's affordable housing preservation framework is a common step when evaluating subsidy options under this chapter.

General guidance for property managers — not legal advice for your specific situation. Consult an attorney for advice on your case.

For Tenants

Mo. Rev. Stat. § 215.307 is part of Missouri's broader affordable housing preservation framework (sections 215.300–215.318), which is designed in part to keep subsidized multifamily housing available and affordable. When an owner becomes eligible for additional subsidies under this provision, it can affect the long-term affordability and operational status of the property where tenants live. Tenants who have questions about how subsidy changes may affect their housing situation can reach out to local tenant-rights organizations or contact the U.S. Department of Housing and Urban Development for information about tenant protections in federally connected housing programs.

General guidance for tenants — not legal advice for your specific situation. Consult a tenant-rights organization or attorney for advice on your case.

Generated October 14, 2026 — auto-generated, not yet human-reviewed. See /transparency for methodology.

Effective Timeline

Current
Oct 14, 2026
Click on timeline segments to view historical versions.

References Out

Rules and statutes cited by this regulation

Mo. Rev. Stat. § 215.300
Mo. Rev. Stat. § 215.318

References In

Rules and statutes that cite this regulation

Mo. Rev. Stat. § 215.038
Mo. Rev. Stat. § 215.038
Mo. Rev. Stat. § 215.036
Mo. Rev. Stat. § 215.038
Mo. Rev. Stat. § 215.036
Mo. Rev. Stat. § 215.300
Mo. Rev. Stat. § 215.318
Mo. Rev. Stat. § 215.311
Mo. Rev. Stat. § 215.300
Mo. Rev. Stat. § 215.318
Mo. Rev. Stat. § 215.300
Mo. Rev. Stat. § 215.318
Mo. Rev. Stat. § 215.300
Mo. Rev. Stat. § 215.318
Mo. Rev. Stat. § 215.314
Mo. Rev. Stat. § 215.300
Mo. Rev. Stat. § 215.318

Related Rules

§ 574.605
§ 574.605 Applicability of uniform administrative requirements, cost principles, and audit requirements for Federal awards.
§ 574.625
§ 574.625 Conflict of interest.
§ 574.645
§ 574.645 Coastal barriers.

Source Information

Source:https://revisor.mo.gov/main/OneSection.aspx?section=215.307
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