August 2013, County Executive, North County, Planning, Projects

Homebuyer Assistance Program in St. Louis County | August 2013

The St. Louis County Office of Community Development has been investing a special allocation of federal Neighborhood Stabilization Program (NSP) funding in the acquisition and rehabilitation of vacant foreclosed properties in targeted areas of the County.  Our investment in these properties has helped stabilize property values and preserve declining neighborhoods.  When these rehabbed homes are sold to qualified buyers the program income is invested back in the community therefore creating a revolving funding source for our neighborhoods.

All of the homes in our NSP portfolio have been rehabbed with fifteen-year sustainability in mind so the heating and cooling systems, roofs, hot water heaters, appliances, and other major systems have been replaced transforming outdated abandoned structures into energy-efficient sustainable homes.   Down payment assistance is available on all homes at various levels (up to $15,000) depending on the income of the household.

If you or someone you know is in the market to buy a home right now please consider supporting our communities by purchasing one of our NSP properties; a list of available properties and more information on this incredible program can be found on our website by clicking on the NSP logo or at http://www.stlouisco.com/PropertyandRoads/CommunityDevelopment/NeighborhoodStabilizationProgram.  If you have any questions please contact Katrina Sommer at (314) 615-2983 or ksommer@stlouisco.com  or the agents representing the properties (contact information can be found on our website).

Check out our featured property below!

1244 Ashford Dr., Bellefontaine Neighbors, MO  63137 

1244 Ashford II

3 bedroom, 1 bath currently listed at $66,000. 

1244 Ashford III

MUST SEE!! Beautiful- Extensively Renovated ALMOST LIKE A NEW HOUSE. Great opportunity to OWN for LESS than you can rent with special down payment and closing cost assistance programs available for qualified buyers. Gorgeous kitchen with new appliances, cabinets, countertops; GARAGE, energy efficient heating and a/c system and water heater, HARDWOOD FLOORS, added insulation, windows, roof, 6-panel doors, electric, plumbing, large beautiful level yard, landscaping and MORE!! Move-in ready so DON’T DELAY— CALL David Schott with MORE Realtors at (314) 518-6500 to check out this amazing rehab!

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