Establishes the Rural Workforce Housing Investment Act

SB 1105 establishes Missouri's Rural Workforce Housing Investment Act to address housing shortages in rural communities (populations under 50,000). It creates a state grant program through the Department of Economic Development, providing nonprofit housing organizations with up to $1 million per grant (with a $2 million lifetime limit) to build or rehabilitate affordable housing. Grants require a 1:1 match from private sources and fund projects where owner-occupied homes cost ≤$275,000 or rentals ≤$200,000 (adjusted annually by inflation). Nonprofits must annually certify their work, manage funds transparently, and return unspent grants if projects stall beyond 24 months.