Down Payment Assistance Loans

Income eligible homebuyers are able to obtain funds for down payment and closing costs.  These
loans are 0% interest, with no payments while you own the home and are forgivable after five years.
Print out DPA Buyer Program Outline and App, send with all requested attachments to:

Housing Development
PO Box 470
Bowling Green, MO 63334

Call 573-324-6622 to have the application mailed to you.


$3,000 in St. Louis County
$3,500 in City of Florissant
$10,000 in St. Charles County, and City of O’Fallon

Income Limits:

   1 Person          $45,550                          5 People          $70,300
   2 People          $52,050                          6 People          $75,500
   3 People          $58,550                          7 People          $80,700
   4 People          $65,050                          8 People          $85,900

Qualifications include:

  • Buyer cannot have owned a home in the last 3 years, however, there are exceptions to this rule.
  • Buyer must have $1,000 of their own funds and obtain a fixed rate loan.
  • Buyer must attend a Home Ownership class. (See Home Ownership Counseling)
  • A 3rd-party inspection by an ASHI Certified inspector is required and buyer must be present for inspection.
  • An occupancy inspection is also required.
  • Sales price of existing home cannot exceed
    • $176,000 in St. Charles County
    • $152,000 in St. Louis County
  • Sales price for new construction cannot exceed
    • $225,000 in St. Charles County
    • $195,000 in St. Louis County