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Springfield, MO
The Missouri Housing Development Commission on Friday voted not to allocate $140 million for the state's low-income housing tax credit program.
The credit provides incentives for investors of low-income housing projects.
“We zeroed out this failing program, and saved tens of millions of dollars,” Greitens said in a statement. “No. More. Giveaways.”
Developers, including those in Springfield, say low-income developments would not be possible without the credits.
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