See programs you qualify for
Get Matched Free →HomeSTL First-Time Homebuyer Assistance
How much assistance
Up to $50,000 ($40,000 base + $10,000 Qualified Census Tract bonus) (Forgivable Loan)
0% interest, no monthly payments. Forgiven over 15 years of owner-occupancy.
Eligibility
- Income limits: At or below 120% Area Median Income (AMI)
- First-time buyer required: Yes — Must not have owned a home in the past 3 years.
- Geographic restrictions: Property must be located within the City of St. Louis boundaries.
- Homebuyer education required: Yes
How to Apply for HomeSTL First-Time Homebuyer Assistance
Step 1: 1. Confirm the property is in the City of St. Louis. 2. Complete a HUD-approved homebuyer education course. 3. Get pre-approved with an approved participating lender. 4. Reserve funds through your lender once SLDC reopens the program. 5. Close on your home and occupy as your primary residence for the full 15-year term.
Notes
ARPA-funded round has been fully allocated and the program is currently on pause. SLDC is actively seeking additional funding. Check https://www.developstlouis.org/homestl for reopening status before planning to use this program.