Circuit Breaker Tax Credit Provides Housing Stability

Posted on September 02, 2011 by Megan Burke

In Missouri, an individual with a disability receiving SSI could pay on average 86% of their SSI benefit towards rent for a one bedroom unit, leaving little for other costs of living[1].  Affordable, accessible housing is in short supply, and with help from the Circuit Breaker tax credit individuals with disabilities can secure housing and maintain their independence.  Sixteen of eighteen states with the circuit breaker property tax credit allow renters to claim the tax credit[2]as the Circuit Breaker can provide for stability. 

During special session (beginning September 6, 2011) our Missouri legislators will consider a bill that will eliminate the Circuit Breaker tax credit for renters.  There are over 105,000 people with disabilities and seniors who will lose out if the benefit for low-income renters is discontinued[3].  Missouri must make policy decisions which encourage independence, and not create barriers to living independently in the community.

For more information on the proposal to eliminate the Missouri circuit breaker tax credit for renters, read the Missouri Budget Project report At Home Thanks to Missouri’s Circuit Breaker: A Proven Effective Tax Credit that Helps Missouri Seniors & People with Disabilities Remain in Their Homes.