Home Ownership Program

Program Requirements:

• Voucher holder with Housing Authority of St Louis County
• First time Homeowner
• No family member has owned or had ownership interest in a residence in the past 3 years
• No member of the family has any ownership interest in any residential property
• Must be employed full time for a least one year
• Homeownership certificate/counseling requirement
• Minimum annual income of 18, 000 for families, 14, 500 for disabled/elderly
• Minimum Down Payment of 3%, 1% from personal resources
• May not have defaulted on any mortgage
• May not owe money to Housing Authority or landlord

Getting Started:

• Enroll in and complete a Home Ownership Class and obtain Certification-classes offered through Justine Peterson (314) 533-2411 and Beyond Housing (314) 533-0600
• Save enough for a down payment
• Check you credit score to ensure loan qualification
• Connect with realtor/banking institution to start process

Once you have obtained your Home Ownership Certificate and have retained a realtor and lender, contact your caseworker.  She will direct you to our homeownership specialists.