• Hours: Monday - Friday: 8:00 a.m.-5:00 p.m.
  • Phone : 314-631-9905
  • Address : 729 Lemay Ferry Road, St. Louis, MO 63125

Step 3: Down Payment Assistance

Program Overview

Homebuyer Services is a program of The Housing Partnership, Inc. (THP) that is designed to prepare homebuyers across the St. Louis region so they can have the knowledge, skills, and connections to become educated and responsible homeowners in long-term affordable housing.

The Homebuyer Services program covers three main areas:
1. Education on the homebuying process that is achieved through homebuyer orientations and an online homebuyer education course
2. One-on-one counseling sessions to help households achieve their goals
3. Down payment & closing cost assistance for eligible homebuyers purchasing in select jurisdictions

Funds for the Down Payment Assistance Program are provided by the St. Louis County Office of Community Development and the Community Development Administration of  the City of St. Louis.

Step 3: Down Payment Assistance

Down Payment Assistance is the last step in the process towards homeownership. Once you complete all the items in Step 1 and Step 2, let us determine if you are eligible for down payment and closing cost assistance.

Have you filled out an intake packet yet? Visit Step 1: Education for more information.

The Steps to Homeownership

17. Enroll in a FREE Homebuyer Orientation
18. Submit intake packet with supporting documentation so we can determine eligibility for down payment/closing cost assistance
19. Complete online homebuyer education class. Fee is $115.
20. Attend one-on-one counseling sessions
21. Work with a mortgage lender to receive loan approval
22. Work with a real estate agent to find the right home for you
23. Comply with all program requirements, building inspections, and permits
24. Attend closing. You are now a homeowner!


Down Payment & Closing Cost Assistance

Down payment assistance is provided as a 0% interest, $0 payment loan that is forgivable after 5 years of living at the home as your primary residence. Funds are first come, first served. Homebuyers must have at least $1,000 of their own funds vested into the transaction. Please check with us to make sure funding is available.


Assistance For Eligible Homebuyers

St. Louis City$3,500
St. Louis County$3,000
City of Florissant$3,500
Jefferson County$5,000

Not only do the homebuyers have to qualify, but the property has to qualify as well.


2021 Income Guidelines for St. Louis City, St. Louis County and Jefferson County

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2021 Maximum Purchase Price Limits

 Single Family Existing Home Purchase Price LimitsNew Construction Purchase Price Limits
St. Louis County$166,000$243,000
Jefferson County$166,000$243,000
St. Louis CityNo Price LimitNo Price Limit