Neighborhood Stabilization
"Best Home on the Block" Program
Properties for Sale - Program Overview
Neighborhood Stabilization Program (NSP) funds from the Department of Planning, Office of Community Development facilitate the sale of housing throughout St. Louis County. NSP funds are part of an allocation from the Department of Housing and Urban Development (HUD).
Look for this Sign for assurance that you are buying a CERTIFIED NSP HOME! Properties with this sign are rehabbed to St. Louis County's Housing Standards for long term affordability, including many, many updates to major systems, roofing, windows, all with the eye on creating a quality home ready to be enjoyed for years to come.
All purchasers are required to obtain pre-purchase counseling from one of the following approved housing counseling agencies:
Participating Lender/Counseling Agencies
Better Family Life
5535 Delmar Suite 2100
St. Louis, MO 63112
(314) 367-1843 |
Beyond Housing/NHS
4156 Manchester
St. Louis, MO 63110
(314) 533-0600 |
Northeast Community
Action Committee
3400 Meadow Pointe Dr
O'Fallon, MO 63366
(314) 359-9549 |
Income Limits
Qualifications are based upon the income of all occupants of the home. Annual income limits for 2012 are listed below - verification by housing counseling agency is mandatory.
| FY 2012 Income Limits for 50% of HUD Area Median Income |
| 1 person - $24,650 |
5 persons - $38,050 |
| 2 persons - $28,200 |
6 persons - $40,850 |
| 3 persons - $31,700 |
7 persons - $43,650 |
| 4 persons - $35,200 |
8 persons - $46,500 |
| FY 2012 Income Limits for 120% of HUD Area Median Income |
| 1 person - $59,150 |
5 persons - $91,250 |
| 2 persons - $67,600 |
6 persons - $98,000 |
| 3 persons - $76,050 |
7 persons - $104,750 |
| 4 persons - $84,500 |
8 persons - $111,500 |
| |
NSP Down Payment Assistance Available! |
NSP DownPayment Assistance 2012.pdf