HOPE: Missouri incentive offers up to $1,750

Missouri offers additional tax incentives to fist time buyers.  HOPE (Home Ownership Purchase Enhancement) approved by the Missouri Housing Development Commission (MHDC) offers to reimburse first time homebuyers up to $1,750 for a home purchased in 2010.
MHDC is allocating $15 million towards the HOPE program. Qualified Missouri families that purchase a home in 2010 are eligible for a HOPE incentive equaling the amount of the 2009 real estate tax bill associated with the property they purchased, up to a maximum of $1,250. Additionally, homebuyers who are approved for the real estate property tax HOPE incentive may also be eligible to receive an additional amount if they bought a qualified, newly-constructed, energy-efficient home or bought an existing home and remodeled or purchased items such as Energy Star® appliances to make the home more energy efficient. The maximum combined total of the HOPE property tax incentive and the HOPE energy-efficiency incentive is $1,750.