See programs you qualify for
Get Matched Free →By Tyler Thompson · Licensed Real Estate Agent · Updated April 20, 2026
Homebuyer Programs in Florissant, MO (2026)
Florissant is a mid-sized city in North St. Louis County and one of the most affordable entry points into the St. Louis metro housing market, with a median home price around $190,000. First-time buyers here can combine a $3,500 interest-free forgivable loan from the City of Florissant with a separate St. Louis County 1st HOME Down Payment Loan of up to $10,000, both forgivable after five years of owner-occupancy. Buyers can also enroll in the CAASTLC Individual Development Account program to earn up to $4,000 in matched savings, and layer the Missouri Housing Development Commission First Place or Next Step program for an additional Cash Assistance Loan of up to 4% of the first mortgage. Stacked, these programs can cover well over $15,000 in down payment and closing costs — enough to make a zero- or low-cash-to-close purchase realistic at Florissant's price point.
City Programs in Florissant
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| City of Florissant Down Payment Assistance Program | Forgivable Loan | Up to $3,500 interest-free forgivable loan for down payment and closing costs | Yes | View → |
- Type:
- Forgivable Loan
- Amount:
- Up to $3,500 interest-free forgivable loan for down payment and closing costs
- First-time only:
- Yes
County Programs in St. Louis County
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| St. Louis County 1st HOME Down Payment Loan Program | Forgivable Loan | Up to $10,000 zero-interest forgivable loan for down payment and closing costs | Yes | View → |
- Type:
- Forgivable Loan
- Amount:
- Up to $10,000 zero-interest forgivable loan for down payment and closing costs
- First-time only:
- Yes
State Programs in Missouri
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| MHDC First Place Loan Program | Forgivable Loan | Up to 4% of the loan amount via the Cash Assistance Loan (CAL) for down payment and closing costs, paired with a below-market fixed-rate first mortgage (Conventional, FHA, VA, or USDA). | Yes | View → |
| MHDC Next Step Loan Program | Forgivable Loan | Up to 4% of the loan amount via the Cash Assistance Loan (CAL) for down payment and closing costs, paired with a fixed-rate first mortgage (Conventional, FHA, VA, or USDA). | No | View → |
- Type:
- Forgivable Loan
- Amount:
- Up to 4% of the loan amount via the Cash Assistance Loan (CAL) for down payment and closing costs, paired with a below-market fixed-rate first mortgage (Conventional, FHA, VA, or USDA).
- First-time only:
- Yes
- Type:
- Forgivable Loan
- Amount:
- Up to 4% of the loan amount via the Cash Assistance Loan (CAL) for down payment and closing costs, paired with a fixed-rate first mortgage (Conventional, FHA, VA, or USDA).
- First-time only:
- No
Federal Programs
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| FHA Loans | Government-Insured Mortgage | Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026) | No | View → |
| FHLBA Community Partners Product | Forgivable Loan | Up to $20,000 in home purchase assistance for down payment and closing costs | No | View → |
| FHLBA First Time Homebuyer Product | Forgivable Loan | Up to $17,500 in home purchase assistance for down payment and closing costs | Yes | View → |
| FHLBA Workforce Housing Plus+ | Forgivable Loan | Up to $15,000 in home purchase assistance for down payment and closing costs | No | View → |
| Good Neighbor Next Door (HUD) | Government Property Sale Program | 50% discount off the list price of HUD-owned homes | Yes | View → |
| Home Possible Mortgage (Freddie Mac) | Government-Guaranteed Mortgage | Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment | No | View → |
| HomeReady Mortgage (Fannie Mae) | Government-Guaranteed Mortgage | Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment | No | View → |
| HUD $100 Down Program | FHA-Financed HUD REO Purchase | Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs. | No | View → |
| USDA Rural Development Loans | Government-Guaranteed Mortgage | 100% financing (no down payment required); loan amount up to appraised value | No | View → |
| VA Loans | Government-Guaranteed Mortgage | No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026) | No | View → |
- Type:
- Government-Insured Mortgage
- Amount:
- Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026)
- First-time only:
- No
- Type:
- Forgivable Loan
- Amount:
- Up to $20,000 in home purchase assistance for down payment and closing costs
- First-time only:
- No
- Type:
- Forgivable Loan
- Amount:
- Up to $17,500 in home purchase assistance for down payment and closing costs
- First-time only:
- Yes
- Type:
- Forgivable Loan
- Amount:
- Up to $15,000 in home purchase assistance for down payment and closing costs
- First-time only:
- No
- Type:
- Government Property Sale Program
- Amount:
- 50% discount off the list price of HUD-owned homes
- First-time only:
- Yes
- Type:
- Government-Guaranteed Mortgage
- Amount:
- Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
- First-time only:
- No
- Type:
- Government-Guaranteed Mortgage
- Amount:
- Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
- First-time only:
- No
- Type:
- FHA-Financed HUD REO Purchase
- Amount:
- Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs.
- First-time only:
- No
- Type:
- Government-Guaranteed Mortgage
- Amount:
- 100% financing (no down payment required); loan amount up to appraised value
- First-time only:
- No
- Type:
- Government-Guaranteed Mortgage
- Amount:
- No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026)
- First-time only:
- No
Nonprofit Programs
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| CAASTLC Individual Development Account (IDA) Program | Grant | Matched savings grant: every $1 deposited is matched with $1 or $2 (depending on enrollment), up to $2,000 per year in match funds for two years (up to $4,000 in match) toward down payment and closing costs. | Yes | View → |
| Habitat for Humanity Saint Louis | Deferred Loan | New construction and rehabbed 3-4 bedroom homes sold with a 30-year affordable mortgage. Homes purchased within St. Louis city limits may be eligible for up to $50,000 in down payment assistance. | Yes | View → |
- Type:
- Grant
- Amount:
- Matched savings grant: every $1 deposited is matched with $1 or $2 (depending on enrollment), up to $2,000 per year in match funds for two years (up to $4,000 in match) toward down payment and closing costs.
- First-time only:
- Yes
- Type:
- Deferred Loan
- Amount:
- New construction and rehabbed 3-4 bedroom homes sold with a 30-year affordable mortgage. Homes purchased within St. Louis city limits may be eligible for up to $50,000 in down payment assistance.
- First-time only:
- Yes
How to Apply
Check your eligibility. Most Florissant-area programs require first-time homebuyer status (no home ownership in the past three years) and a household income at or below roughly 80% of the St. Louis MSA Area Median Income. Confirm current HUD income limits for your household size.
Complete homebuyer education. Register for a HUD-approved homebuyer education course with Beyond Housing or CAASTLC and complete one-on-one housing counseling to reach Homeownership Ready status. Most programs require this at least 10 days before closing.
Contact the City of Florissant Housing and Community Development Department at (314) 839-7680 or communitydevelopment@florissantmo.com to confirm current availability of the $3,500 Florissant DPA and to be referred to Beyond Housing as the administering agency.
Apply for additional layered assistance. Contact Beyond Housing at their lending department for the City of Florissant DPA and the St. Louis County 1st HOME loan (up to $10,000). Call CAASTLC at (314) 863-0015 to enroll in the IDA matched savings program.
Get pre-approved with a participating lender. For the MHDC First Place or Next Step programs, you must use an MHDC-approved lender. Beyond Housing maintains a list of participating lenders for the city and county DPA programs.
Find a home within Florissant city limits (for the city DPA) or within St. Louis County (for the county HOME loan). Most homes in Florissant qualify by price. Submit your full application package through your lender and Beyond Housing at least 30 days before closing.
Close on your home. The forgivable loans are recorded as second liens; as long as you live in the home as your primary residence for five years, the loans are fully forgiven.