215.010. Definitions.
Definitions.
215.010. As used in sections 215.010 to 215.250 unless the contextotherwise requires:
(1) "Approved mortgagor" shall mean:
(a) Any limited-dividend corporation, nonprofit corporation, publichousing corporation, public agency, or any combination thereof, formed inaccordance with the provisions of this chapter and approved by the commission;
(b) Low and moderate income persons and families purchasing singlefamily dwellings under criteria set out by the commission;
(c) Persons or families obtaining weatherization loans under criteriaset out by the commission; or
(d) Individuals, partnerships or corporations with respect to loans madeby the commission for the acquisition, construction or rehabilitation ofresidential housing which meet criteria established by the commission;
(2) "Commission" means the state housing development commission createdby sections 215.010 to 215.250;
(3) "Commitment in principle", a commitment made prior to submission ofa final application. Such type of commitment shall not have a priorityposition over other commitments;
(4) "Development costs" means the costs approved by the commission asappropriate expenditures which may be incurred by sponsors of residentialhousing, within this state, and may include but not be limited to:
(a) Payments for options to purchase properties on the proposedresidential housing site, deposits on contracts of purchase, or, with priorapproval of the commission, payments for the purchase of such properties;
(b) Legal and organizational expenses, including payments of attorneys'fees, project manager and clerical staff salaries, office rent and otherincidental expenses;
(c) Payment of fees for preliminary feasibility studies, advances forconsultant, planning, engineering and architectural work;
(d) Expenses for surveys as to need and market analyses;
(e) Necessary application and other fees to federal, state and localgovernment agencies;
(f) Such other expenses incurred by the approved mortgagor as thecommission may deem appropriate to effectuate the purposes of sections 215.010to 215.250;
(5) "Land development" means the process of acquiring land forresidential housing construction, and of making, installing, or constructingnonresidential housing improvements, including waterlines and water supplyinstallations, sewerlines and sewage disposal installations, steam, gas, andelectric lines and installations, telephone and other communications lines andinstallations, roads, streets, curbs, gutters, sidewalks, whether on or offthe site, which the commission deems necessary or desirable to prepare suchland for residential housing construction within this state;
(6) "Limited-dividend corporation" means a corporation limited as to itsdividends and earnings and organized pursuant to the laws of Missouri;
(7) "Low income or moderate income persons and families" means personsor families who are in low or moderate income groups and who cannot afford topay enough to cause private enterprise in their community to build asufficient supply of adequate, safe and sanitary residential housing;
(8) Wherever the word "mortgage" appears in sections 215.010 to 215.250it shall be deemed to include deed of trust;
(9) "Nonprofit corporation" means a pro forma decree corporation, or anonprofit corporation incorporated pursuant to the provisions of the generalnot-for-profit corporation law of Missouri;
(10) "Project cost" means the sum total of all reasonable or necessarycosts incurred by an approved mortgagor for carrying out all works andundertakings for the completion of a development and approved by thecommission. These shall include but shall not necessarily be limited to allof the following costs: Studies and surveys; plans, specifications,architectural and engineering services; legal, organizational, marketingconsultant or other special services; financing, land or building acquisition,demolition, construction, equipment and site development of new andrehabilitated buildings; movement of existing buildings to other sites;rehabilitation, reconstruction, repair or remodeling of existing buildings;carrying charges during construction; the cost of placement of tenants oroccupants and relocation services in connection with a development; and, tothe extent not already included herein, all development costs;
(11) "Residential housing" or "development" means a specific facility,work or improvement within this state, undertaken primarily to providedwelling accommodations for low income or moderate income persons, includingthe acquisition, construction or rehabilitation of land, buildings andimprovements thereto, and including such social, medical, recreational,educational, nursing, commercial, communal, dining, training, rehabilitation,therapeutic or other nonhousing facilities and services as may be incidentalor appurtenant thereto, or as the commission may deem appropriate toeffectuate the purposes of sections 215.010 to 215.250 for the low income andmoderate income persons intended hereby to be assisted;
(12) "Weatherization" means the retrofitting which is identified by anenergy audit and meets standards as established by the Missouri housingdevelopment commission in consultation with the department of naturalresources for single or multifamily dwelling and includes one or more of thefollowing:
(a) Insulation of walls, ceiling, floors, pipes or water heaters;
(b) Storm or insulated doors and windows;
(c) Caulking and weatherstripping;
(d) Higher efficiency replacement space heating, water heating, airconditioning and ventilation systems;
(e) Installation of solar collectors for heating, cooling and hot water,including associated piping, ductwork, pumps and on-site preparations costs;and
(f) Any other conservation measure or renewable resource system whichthe commission determines to be eligible as long as such measures or systemsare in strict conformance with the purposes of this section.
(L. 1969 H.B. 130 § 1, A.L. 1974 H.B. 1190, A.L. 1982 H.B. 1501, A.L. 1985 H.B. 484)