In Missouri a preliminary analysis of how the entire package could be divided shows the state would get nearly $4.4 billion spread across 27 different categories ranging from homeless prevention to drinking water.

A review prepared by the Federal Funds Information for States, a service of the National Governors Association and the National Conference of State Legislatures, shows that more than one-third—or about $1.6 billion—of the federal stimulus money coming to Missouri could go for the state's Medicaid program.

The stimulus package also includes roughly $46 billion for transportation projects and improvements across the country, and the Missouri Department of Transportation estimated the state could get more than $800 million of that for their own projects.

Missouri is also looking to provide some stimulus to the housing market on its own. The Missouri Housing Development Commission has turned the existing federal tax credit program into a down-payment program, in which first-time homebuyers in Missouri can use up to 6 percent of the home purchase price, or a maximum of $6,750
of the credit, toward a down payment on a home.

In a news release from the MHDC following the commission's enactment of the tax credit advance, the commission said the credit was not working because first-time homebuyers would not receive the money until they received their income tax refunds, possibly months after a home is purchased.

The federal program available to all Americans gives first-time homebuyers a tax credit toward the purchase of their home, to be claimed on a buyer's federal tax return. The Missouri tax credit advance program works differently. Visit http://www.mhdc.com/ and click on Tax Credit Advance Loan Program for homebuyers to find out more of the details!

To learn more about where the stimulus money for states is headed click here for the government’s new Web site: http://www.recovery.gov/