Establishes the Rural Workforce Housing Investment Act

SB 656 creates Missouri's Rural Workforce Housing Investment Act, establishing a state grant program to fund housing projects in rural areas (populations under 50,000). It provides grants to nonprofit housing organizations for new construction, major repairs, or upper-story housing, requiring a 1:1 match of private funds. The program sets cost limits ($275,000 for owner-occupied units, $200,000 for rentals) and mandates annual certification, financial audits, and board oversight. Funds must directly support workforce housing - defined as affordable, modern housing attracting workers - excluding projects already receiving federal or state housing subsidies.