Down Payment Assistance

How does the Down Payment and Closing Cost Assistance funding work?

The Housing Partnership participates in the St. Louis HOME Consortium 1st Home Program that provides a pool of funds for down payment and closing costs for first-time low-income homebuyers. Funding is available in the amount of $3,000 for home purchases in St. Louis County; $3,500 for the City of Florissant; and $5,000 for Jefferson and St. Charles counties, the City of St. Charles and O’Fallon. The funding provided is in the form of a forgivable or deferred loan, depending on where the home is located. Purchasers must have at least $1,000.00 of their own funds in the transaction.  The combined income of the homebuyer and all household members over 18 must be less than 80% of the St. Louis Area Median Income as follows:

2017 Income Guidelines

Household Size12345678
Maximum Income$41,750$47,700$53,650$59,600$64,400$69,150$73,950$78,700


Income guidelines are subject to change annually— please do not assume that the funding is available until the funds are committed to you.

If you are ready to buy and are ready for downpayment assistance, click the link below for the information packet necessary to acquire the downpayment assistance funds.

Click HERE for the DPA Intake packet.