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Program Information
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For-Sale Housing Production Program
The For-Sale Housing Production Program 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.
Available Properties
Explore the properties currently available for sale.
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 Program is to increase homeownership 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.
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Program Information
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Checklist