Home Ownership Program
Click HERE for Homeownership Plan 2021
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.
