St. Louis Co. funds more into homebuyers assistance program - KTVI Fox 2 St. Louis

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(Courtesy: Getty Images)

(Courtesy: Getty Images)

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Posted: Nov 26, 2022 / 03:48 PM CST

Updated: Nov 26, 2022 / 03:48 PM CST

ST. LOUIS COUNTY, Mo. – More backing is coming for a St. Louis County programme intended to assistance first-time homebuyers span the spread of definite costs successful location ownership.

St. Louis County is preparing to summation backing for St. Louis County HOME Consortium, a down-payment assistance and location betterment programme coordinated done the county’s Office of Community Development.

The programme provides down outgo assistance loans to income-eligible first-time homebuyers to assistance with the down payments and assorted closing costs associated with buying a home. According to a news release from the county, backing volition summation to supply further assistance to homebuyers amid caller lodging marketplace spikes.

“We admit that the outgo to bargain a location oregon marque repairs has gone up and we privation to marque definite our programs proceed to easiness the load for debased and moderate-income families,” said County Executive Dr. Sam Page. “This concern successful our assemblage ensures that residents person entree to safe, suitable housing.”

The St. Louis County HOME Consortium programme consists of assorted parts of St. Louis County and the City of Florissant. Down outgo assistance loans volition treble from $3,000 to $6,000 for eligible homeowners successful St. Louis County and summation from $3,000 to $5,000 successful Florissant.

For much accusation connected the program, interaction the Housing Programs Manager astatine 314-615-4555.

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