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Wed July 8, 2009
New MHDC Standards Could Have Unintended Consequences
Kansas City, Missouri – The Missouri Housing Development Commission held a teleconference yesterday at their home office in Kansas City to tighten standards for employees and contractors.
But tightening rules could have unintended consequences.
One change on the table is restricting current employees from working for with any company that does business with the agency for two years after they leave.
That could be a problem, especially for top young lawyers and grad students who often stick with the agency for a couple years after graduation then move on to higher paying jobs.
The Agency's General Council Bram Higgins voiced his concerns during yesterday's teleconference.
"I've hired a couple attorneys that work in my department," Higgins said. "They might say, if I can't go and work for any law firm that works for the MHDC in the state of Missouri'- which is every major law firm in the state of Missouri - then I may have two resignations."
The agency may create an exemption for lawyers when the revised standards go to a final committee vote on July thirty first.