For-Sale Housing Production

The For-Sale Housing Production provides financing to developers for the acquisition and rehabilitation or the construction of housing in targeted areas of St. Louis County for sale to low- and moderate-income families. St. Louis County allocates a portion of the approximately $3.5 million it receives each year to this program to assist in the redevelopment of distressed incorporated and unincorporated areas of the County. Loans under the For-Sale program are made based upon responses to an open-ended Request for Proposals (RFP). The RFP and accompanying application can be downloaded from this site and are also available upon request by calling (314) 615-8237.
 

New!!!!

Home Town Heroes Down Payment Assistance

Guidelines 
Complete Application
Flyer


Eligibility

Private builders, developers, not-for-profit community groups, Community Based Development Organizations and Community Housing Development Organizations are eligible to apply for financing. Applicants must demonstrate that they have appropriate housing development experience and sufficient financial capacity to undertake the development.

Affirmative Fair Housing Marketing

The purpose of the For-Sale Housing Production is to increase home ownership opportunities for those who could not otherwise purchase a decent and affordable home. All developments of 5 units or more financed under this program are required to submit an Affirmative Fair Housing Marketing Plan that outlines methods for providing information and otherwise attracting eligible persons in the housing market area to the available housing without regard to race, color, national origin, sex, sexual orientation, religion, familial status or disability.

Program Information

  • Guidelines doc | pdf
  • Application xls | pdf
  • Development Checklist doc | pdf
  • Homebuyer Checklist doc| pdf
  • Homebuyer Form pdf
  • Income Limits pdf
  • New Construction Sale Procedure pdf
  • Resale/Recapture Policy pdf
  • Subordination Policy pdf
  • Subordination Worksheet pdf
  • Targeted Development Areas pdf


It is the policy of St. Louis County to provide services without regard to race, color, religion, national origin, ancestry, age, sex, familial status, physical handicap or disability.

Contact Information
Office of Community Development
41 S. Central, 5th Floor
Clayton, MO 63105
Phone: (314) 615-4405
Fax: (314) 615-8674
TTY: (314) 615-5889