ST. LOUIS — Missouri officials are promoting a new initiative to jumpstart the housing market in the state.
Gov. Jay Nixon and State Treasurer Clint Zweifel scheduled news conferences in St. Louis and Kansas City on Wednesday to outline the plan for promoting home purchases and getting construction workers back on the job.
Missourians who sign contracts to buy a home this year may apply for a financial incentive equal to their first year's property tax. The tax break will be granted on a first-come, first-served basis.
An enhanced incentive is available for Missourians who purchase a new, energy-efficient home or upgrade their existing home's energy efficiency.